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174 Warwick St Methuen — Photo 1 of 25

174 Warwick St Methuen — Photo 1 of 25

$549,000

Investment Analysis — 174 Warwick St

Methuen, MA 01844

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01844 carries an estimated $2,770/mo in gross rent — about a 3.67% cap rate and $20,162/yr in estimated NOI at the $549,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

1,552

Style

Single Family

Built

1930

Welcome to 174 Warwick St, Methuen! Set on a desirable corner lot, this beautifully updated 3-bedroom, 2.5-bath home offers modern comfort, extensive recent improvements, and a one-car garage. The updated kitchen, completed in 2023, features white quartz countertops and modern custom cabinetry. The home offers three bedrooms, including a primary bedroom with its own private bath. The main bathroom was fully renovated, along with the addition of 1.5 bathrooms. Additional 2023 improvements include central HVAC, an on-demand gas water heater, a new garage door, foam insulation behind the kitchen, bathroom and basement, refinished hardwood floors, fresh interior paint and several new doors and windows. Conveniently located near shopping, dining, schools, major routes, and everyday amenities, this move-in-ready home is ready for its next owner!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 776 sq ft (the lesser of 900 sq ft or half the 1,552 sq ft principal dwelling). Lot size: 5,000 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.

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Property Details

Financials

Original Price$549,000
Annual Taxes$5,100

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms10
FireplacesNone
FlooringWood
BasementFull

Climate & Utilities

HeatingCentral
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock
ZoningRG

Property & Lot

Acres0.11
SqFt Lot5,000
Lot FeaturesCorner Lot, Level

Amenities & Appliances

ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3
First
Living RoomDining RoomKitchenFamily RoomMaster Bedroom
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Master Bedroom
Lvl First
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Listing Provided By

Listing Agent: Mohamed Salem

Listing Office: eXp Realty

MLS® Number: 73575285