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$1,199,900
3 Days On Site

1-3 Ingalls Ct & 164-164a Broadway
Methuen, MA 01844

For Sale|Multi Family|Active
11
Beds
5
Full Baths
0
Partial Baths
4,883
SqFt
$246
/SqFt
1945
Built
County:
Essex
Call Now: 781-383-5100
Is this the home for you? We can help make it yours.
781-383-5100
Upcoming Open Houses
Sat, Mar 29 4 PM - 5 PM UTC
Sun, Mar 30 4 PM - 5 PM UTC
1-3 Ingalls Ct & 164-164a Broadway1-3 Ingalls Ct & 164-164a Broadway1-3 Ingalls Ct & 164-164a Broadway1-3 Ingalls Ct & 164-164a Broadway
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Monthly Payment (Est.)

$5,474
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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.

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Listing Snapshot
Price 
$1,199,900
Days On Site 
3 Days
Bedrooms 
11
Inside Area (SqFt) 
4,883 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.13 Acres
Year Built 
1945
MLS® Number 
73349147
Status 
Active
Property Tax 
$9,991
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.13
Foundation 
Block
Number Of Stories 
9
Parking 
Paved
Parking Spaces 
6
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
4883
SqFt Total 
4883
Water Source 
Public
Zoning 
CBD
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Listing courtesy of Eridania Reyes of View Real Estate Group



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2025-03-29 10:30 AM UTC

Neighborhood & Commute
Source: Walkscore
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