37 Albion St, Methuen MA 01844

Methuen, MA 01844

$800,000

Est. $4,837/month

5

Beds

2

Baths

2,500

Sq Ft

$320

Price/Sq Ft

0.14

Acres

1900

Year Built

2 Family - 2 Units Up/Down

Type

85

Days on Market

Active Listed Dec 1, 2025 • MLS# 73458499 Copied!

About this home

LOCATION! LOCATION! LOCATION! This 2-family property offers updated kitchens and bathrooms in both units. The first-floor unit includes 2 bedrooms, 1 full bath, a spacious living room, and a thoughtfully designed kitchen with modern updates and plenty of cabinet space. The second-floor unit features 3 bedrooms, 1 full bath, an open living and dining area that creates a comfortable flow, plus a versatile bonus room that works well as an office, playroom, or additional storage. Both units are currently occupied, providing steady rental income from day one. The property offers efficient layouts, well-sized rooms, and desirable updates throughout. Each unit has its own laundry, electric and gas. Ideal opportunity for investors seeking reliable cash flow or buyers looking for a multi-family with strong long-term potential. Seller would deliver the first floor unit VACANT with acceptable offer.

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Property Overview

Property Type

2 Family - 2 Units Up/Down

Listing Type

For Sale

Year Built

1900

Bedrooms

5

Full Bathrooms

2

Living Area

2,500 sq ft

Total Rooms

11

Stories

3

Levels

3

Facts & Features

Home Facts

Type Residential Income

Style 2 Family - 2 Units Up/Down

Year Built 1900

Living Area 2,500 sq ft

Lot Size 0.14 acres

Bedrooms 5

Full Baths 2

Total Rooms 11

Interior

Heating Steam

Cooling None

Flooring Tile, Hardwood

Appliances Range, Dishwasher, Refrigerator

Fireplace None

Basement Full

Laundry Washer & Dryer Hookup

Features Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen, Laundry Room, Living Rm/dining Rm Combo, Office/den, Sunroom

Exterior

Construction Frame

Architecture None

Roof Shingle

Features None

Pool None

Spa None

Fencing None

Patio/Porch Porch, Enclosed

Parking

Features Paved Drive, Off Street

Total Spaces 6

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $7,099

Assessed Value $671,000

Interior Features

Flooring: Tile, Hardwood

Appliances: Range, Dishwasher, Refrigerator

Interior Features: Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo, Office/Den, Sunroom

Windows:

Basement: Full

Laundry: Washer & Dryer Hookup

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Stone

Stories: 3

Heating, Cooling & Utilities

Heating: Steam

Cooling: None

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch: Porch, Enclosed

Fencing:

Other Structures:

Lot Features: Level

Road Surface:

Parking & Garage

Total Parking Spaces: 6

Parking Features: Paved Drive, Off Street

Location

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Neighborhood

37 Albion St, Methuen MA 01844

Methuen, MA 01844

Walkability

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Nearby Schools

School District

Methuen School District local

C-

⚠ School Safety 2024-25

4.6% Above Average

4.4% Suspensions 1.5% In-School 0.2% Emergency

↓ 0.9% below state avg

E

Elementary Schools

3 schools

C

Donald P Timony Grammar School

0.7 mi | #281 of 352 | Score: 33.3

Improved 32 spots from last year

-24.9 below state avg

1,172 students Diverse

Rising School Strong Attendance

Grades K-08

C

Tenney Grammar School

1.0 mi | #253 of 352 | Score: 36.0

Improved 11 spots from last year

-22.3 below state avg

1,246 students Moderate

Grades K-08

C

Edward F. Parthum School

1.1 mi | #615 of 824 | Score: 40.0

Improved 67 spots from last year

-18.2 below state avg

656 students Less Diverse

Rising School

Grades K-04

M

Middle Schools

3 schools

C-

Parthum Middle School

1.1 mi | #285 of 352 | Score: 32.8

Dropped 7 spots from last year

-25.4 below state avg

585 students Less Diverse

Grades 05-08

D

Arlington Middle School

1.3 mi | #325 of 352 | Score: 28.8

Improved 24 spots from last year

-29.4 below state avg

543 students Less Diverse

Rising School

Grades 05-08

F

Oliver Middle School

1.4 mi | #346 of 352 | Score: 24.3

Dropped 28 spots from last year

-33.9 below state avg

348 students Less Diverse

Grades 05-08

H

High Schools

3 schools

C+

Methuen High School

0.8 mi | #218 of 346 | Score: 49.9

Improved 35 spots from last year

-8.4 below state avg

1,841 students Diverse

18 sports • 1,820 athletes

High Graduation Rate Rising School Career Tech Programs Strong Athletics

Grades 09-12

Notre Dame Cristo Rey High School

1.2 mi

17 sports • 423 athletes

Strong Athletics

Grades 09-11

Presentation of Mary Academy

1.2 mi

Grades 09-12

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Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Market Insights

Property Timeline

👁️

Showing Instructions Updated

Dec 30, 2025

New showing requirements

🏠

Listed for Sale

Dec 1, 2025

$800,000

Original listing

Agent: Drake Cormier Office: Coldwell Banker Realty - Beverly

Date	Event	Price	Change	$/sqft	Details
12/30/2025	👁️ Showing Instructions Updated	-	-	-	New showing requirements
12/01/2025	🏠 Listed for Sale	$800,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Dec 1, 2025	New Listing Added	$800,000	—

Market Statistics

Days on Market

85 days

Price per Sq Ft

$320

Tax History

Year	Taxes	Assessment
2025	$7,099	$671,000

Financial Details

Annual Property Tax

$7,099

Tax Year 2025

Assessed Value

$671,000

Elementary Schools

Middle Schools

High Schools

Monthly Payment Breakdown

Loan Summary

Showing Instructions Updated

Listed for Sale

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37 Albion St, Methuen MA 01844

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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Monthly Payment Breakdown

Loan Summary

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Property History

Market Insights

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Showing Instructions Updated

Listed for Sale

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