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Active

40-44 Forest St

Methuen, MA 01844

$1,200,000
11Bedrooms
6Bathrooms
5,306Square feet
1890Year built

Residential Income · Active · MLS #73569939
Listing Courtesy of Jill & Co. Realty Group | Pam Cail

MLS PIN data

About this home

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. Offer Deadline: Seller is asking for all offers by Monday 09/07/2026 by 3:00pm

Property information

Details at a glance

Interior

Rooms
23
Heating
Hot Water, Natural Gas, Unit Control, Electric, Individual, Forced Air
Cooling
None
Flooring
Wood, Hardwood

Building

Style
5+ Family - 5+ Units Up/Down
Year built
1890
Parking
13
Foundation
Concrete Perimeter
Roof
Shingle

Land & utilities

Lot size
0.53 acres
Water
Public
Sewer
Public Sewer
Zoning
RD

Financial

Annual taxes
$11,241
Assessment year
2026

Listing history

Price and status timeline

  1. Lsd

    $2,200 · Sold $2,200 · Aug 30, 2025

  2. Exp

    $2,200 · Aug 1, 2025

  3. Lsd

    $1,700 · Sold $1,725 · Mar 28, 2025

Property value estimate

An informed starting point

Estimated value$1,239,856

Estimated range $1,173,133$1,306,578

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationbelow average

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Methuen

MetricThis propertyMethuen
List price$1,200,000$950,00026% above local
Price / sq ft$226$27819% below local
Days on market72268% below local
Explore homes in Methuen

Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.

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Bean Group guidance

Useful next steps

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Common questions

About 40-44 Forest St

Can I schedule a private showing?

Yes. Request a tour of 40-44 Forest St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.