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    20-22 Ashland Ave Methuen, MA 01844

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    For Sale
    $869,900

    Fully renovated 3-unit home with modern finishes and strong income potential.

    Lot size:
    0.10 Acres

    Property Features for 20-22 Ashland Ave

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1930

    Source: Realty One Group Nest Agent Denise Olivares-Molina

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multi-Unit Investment Opportunity

    This beautifully renovated 3-unit home offers modern comfort and investment potential. The property includes a spacious 3-bedroom bi-level unit alongside two stylish 1-bedroom apartments, all move-in ready with updates throughout. Each unit features modern finishes including stone countertops, sleek new appliances, and updated kitchens and baths. The 3-bedroom unit showcases a formal living room and a dining room with generous living space across two floors. The backyard includes a new stone patio. This property delivers long-term flexibility and strong income potential and is suitable for either an owner-occupant or investor looking to lease all three units.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Methuen
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1887897
    Latitude
    42.7199575

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    FAQs

    What type of property is this?
    Triplex - Fully renovated 3-unit home with modern finishes and strong income potential.
    Where is this triplex located?
    The property is located at 20-22 Ashland Ave Methuen, MA.
    What is the asking price?
    The asking price for this property is $869,900.
    What are key features of this property?
    This property features: - Fully renovated 3-unit property: Ideal for owner-occupant or investor.; - Spacious 3-bedroom bi-level unit plus two stylish 1-bedroom apartments.; - Modern finishes: Stone countertops, sleek new appliances, updated kitchens and baths in each unit.
    (978) 360-3769
    Request Owner's contact information
    20-22 Ashland Ave Methuen, MA 01844
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    Methuen, MA 01844
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20-22 Ashland Ave Methuen, MA 01844
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