8 Pelham Ave, Methuen MA 01844

Methuen, MA 01844
$700,000
Est. $3,726/month
4
Beds
2
Baths
2,051
Sq Ft
$341
Price/Sq Ft
0.23
Acres
1900
Year Built
2 Family - 2 Units Up/Down
Type
22
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73201260

About this home

Attention all investors and first-time homeowners! You cannot afford to miss this incredible opportunity! This two-unit building in the Marsh school district is situated on a double lot and has been meticulously cared for with numerous updates. The property boasts a younger roof, fresh paint, a detached garage, newer flooring, updated plumbing, individual meters, and off-street parking. You won't find a better investment opportunity in the area! Don't hesitate to book your showings today.

Sale Statistics

Sale Overview
Original List Price: $640,000
Final Sale Price: $700,000
Difference: +$60,000 (+9.4%)
Performance Metrics
109.4%
List to Sale Ratio
Sold above asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $312
Sale $/sq ft: $341
This property sold for $341 per square foot
Sale Summary

This property sold for 9.4% above the original asking price, indicating strong buyer demand.

With only 22 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Living Area
2,051 sq ft
Total Rooms
10
Stories
2
Levels
2

Interior Features

Flooring
Wood
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator
Interior Features
Laundry Room, Living Room, Dining Room, Kitchen
Laundry Features
Washer Hookup
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone, Irregular
Patio/Porch Features
Deck - Wood
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.23 acres
Lot Size
9,879 sq ft
Lot Size Area
0.2300
Lot Features
Corner Lot
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
4
Parking Features
Off Street
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Community Features
Public Transportation, Medical Facility, Laundromat, Highway Access, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,029
Tax Year
2023
Tax Assessed Value
$600,800
Parcel Number
M:00612 B:00124 L:00083,2040725
Zoning
RG

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
The buyer's agent/buyer must verify all information and conduct due diligence to ensure the accuracy of MLS information. The listing agent makes no warranty or representation. Unit one will be delivered vacant. Home inspection is for informational purposes only—the property is to be sold as is.
Exclusions
tenant's Belongings

Location

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Neighborhood

8 Pelham Ave, Methuen MA 01844

Methuen, MA 01844

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $586
Homeowners Insurance $200
PMI $0

Property History

Market Insights

8.6%
Price Range
23
Total Days on Market

Property Timeline

Sold
Mar 29, 2024
$700,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Feb 9, 2024
$640,000
Original listing
Agent: Fermin Group Office: Century 21 North East

Price & Status History

Date Event Price Change
Feb 9, 2024 New Listing Added $640,000

Market Statistics

Days on Market
22 days
Price per Sq Ft
$341

Tax History

Year Taxes Assessment
2023 $7,029 $600,800

Financial Details

Annual Property Tax
$7,029
Tax Year 2023
Assessed Value
$600,800

Listing Information

Listing Agent Fermin Group
Listing Office Century 21 North East
Agent MLS ID TM321052
Office MLS ID AN4356

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