
163 Oakside Ave Methuen — Photo 1 of 41
$665,000
Investment Analysis — 163 Oakside Ave
Methuen, MA 01844
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01844 carries an estimated $3,060/mo in gross rent — about a 3.26% cap rate and $21,651/yr in estimated NOI at the $665,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
2,196
Style
Single Family
Built
1950
Step into a home filled with character, charm, and a little bit of old-school mystery. This spacious 4-bedroom, 3-bath Cape offers a unique “speakeasy” feel with thoughtful architectural details throughout. The sunken living room is surrounded by striking wrought-iron railings and features a fireplace, creating a warm and inviting gathering space. A wood stove adds charm to the additional den, while built-in bookcases, skylights, and large windows bring character and natural light throughout the home.The first-floor primary bedroom offers convenient one-level living, with additional bedroom on the 1st floor and 2 more bedrooms upstairs with a 3/4 bath. A large basement with an additional brick fireplace provides excellent potential for future finished living space. Outside, enjoy your own private retreat with a fenced-in yard, in-ground pool, and a three-season patio offering a comfortable space for relaxing and entertaining throughout much of the year. A two-car garage provides added convenience and storage. Ideally located close to shopping, dining, everyday amenities, and public transportation, this home offers a rare combination of character, space, and location. A truly distinctive property with room to make it your own!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,196 sq ft principal dwelling). Lot size: 17,833 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Dryer • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Washer • Range Hood
Neighborhood
Public Transportation • Shopping • Pool • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl FirstMaster Bedroom
Lvl FirstBedroom 2
Lvl FirstBedroom 3
Lvl SecondBedroom 4
Lvl SecondListing Agent: Susan Whelan
Listing Office: Realty One Group Next Level
MLS® Number: 73574795
