Unit Information
Rare investment opportunity in Methuen! 1-3 Ingalls Ct & 164-164A Broadway features two separate buildings—a three-family and a two-family—on a 5-unit lot with 11 bedrooms and 5 bathrooms across 4,883 sq. ft. of living space. With 6 off-street parking spaces, separate utilities, and a layout ideal for stable cash flow, this property offers immediate returns and long-term upside. Currently producing $8,350/month with a pro forma NOI of $95,060 and projected 7.92% cap rate. Situated on a 0.132-acre lot and surrounded by residential charm, this portfolio-style asset has minimal turnover, low vacancy, and strong rental demand. Great for both new and seasoned investors. OFFERS DUE MONDAY 03/31 BY 5PM.
- Additional Details
- Status: ACT
- Type: Multi-Family, 5+ Family - 5+ Units Up/Down
- Zip Code: 01844
- Levels: 9
- Parking
- Parking: Paved Drive
- Parking Spaces: 6
- Rooms and Dimensions
- Total Units: 5
- Total Floors: 9
- Total Rooms: 26
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$1,199,900
- Listing ID: 73349147
- Bedrooms: 11
- Full Baths: 5
- Living Area: 4,883 sqft Convert
- Lot Size: 5,760 sqft Convert
- Acres: 0.13
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |