Sold
41 Days on market
16 Taylor Methuen — Photo 1 of 28

16 Taylor Methuen — Photo 1 of 28

$580,000

Investment Analysis — 16 Taylor

Methuen, MA 01844

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01844 carries an estimated $5,540/mo in gross rent — about a 7.62% cap rate and $44,169/yr in estimated NOI at the $580,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

2

SqFt

2,870

Style

Multi Family

Built

1950

FLIPPERS!!!!!!!!!!!!!!! CASH BUYERS & INVESTORS — DON'T MISS THIS ONE! Incredible value-add opportunity at 16 Taylor Street, a two-family property with strong bones and a functional layout ready for your renovation vision. Located in a highly sought-after neighborhood, this property offers three bedrooms, a nice-sized yard, and a large detached two-car garage with additional space — ideal for storage, a workshop, or extra parking. Whether you're looking to renovate and hold as a rental, or fix and flip for resale, this property offers serious upside potential. Being sold as-is — bring your contractor and your vision. Won't last! All personal belongings will remain in the house. Property will not be delivered clean and empty of debris. All offers are due by Monday 8/17 at noon.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$580,000
Annual Taxes$6,356

Parking

Garage2
Off-Street5

Interior Specifications

Total Rooms10
FireplacesNone
FlooringWood, Vinyl, Varies
BasementFull, Partially Finished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationIrregular
ZoningR2

Property & Lot

Acres0.11
SqFt Lot4,800
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Listing Provided By

Listing Agent: Fermin Group

Listing Office: Century 21 North East

MLS® Number: 73563902