
40-44 Forest St Methuen — Photo 1 of 42
$1,200,000
Methuen, MA 01844
Beds
11
Baths
5.5
SqFt
5,306
Style
5+ Family - 5+ Units Up/Down
Built
1890
PRIME METHUEN MULTIFAMILY INVESTMENT OPPORTUNITY! Discover this exceptional five-unit property ideally located near major highways, shopping, and everyday amenities. Each unit was thoughtfully renovated before tenant occupancy, featuring updated finishes, stainless steel appliances, and granite countertops. This property offers dedicated off-street parking lot for tenant convenience, while separately metered heat and electricity help support efficient ownership and operating expenses. A rare opportunity to acquire a well-positioned, income-producing asset in a desirable Methuen location. Buyer and Buyer's agent to conduct their own due diligence and verify all information associated with the property.
* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Methuen, MA.
Range • Microwave • Refrigerator
Public Transportation • Shopping • Medical Facility • Laundromat • Highway Access • House of Worship
Aug 30, 2026
MLS® 73569939
Jan 21, 2026
MLS® 73470499
Dec 31, 2025
MLS® 73412549
Aug 30, 2025
MLS® 73470499
Aug 1, 2025
MLS® 73412549
Apr 5, 2025
MLS® 73351541
Mar 28, 2025
MLS® 73351541
53,420
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$113K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
27.7%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Pam Cail
Listing Office: Jill & Co. Realty Group
MLS® Number: 73569939
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