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    69 Broadway Methuen, MA 01844

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    For Sale
    $775,000

    Three-unit property with residential and commercial spaces, convenient location.

    Lot size:
    0.13 Acres

    Property Features for 69 Broadway

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1900

    Source: Berkshire Hathaway HomeServices Verani Realty Agent Stephan Coufos

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

    Overview

    Mixed-Use Property Near Route 28

    This three-unit mixed-use property features two residential units and one studio/commercial space. The property is located just off Route 28, providing quick access to Routes 113, 123, 495, and 93. Unit 1, situated on the first level, includes two bedrooms and one bathroom. Unit 2 spans the second and third floors, offering four bedrooms, a bonus room, one bathroom, and a private balcony. The studio/commercial unit is equipped with a kitchenette, a 3/4 bath, and a living area, suitable for rental income or business use. A shared basement common area provides laundry facilities, an additional 3/4 bath, a finished room, and a bonus walkout space. The property offers eight off-street parking spaces. The location is close to shopping, dining, and local amenities. The two residential units have a Certificate of Lead Compliance. This property is suitable for investors or owner-occupants seeking versatility and value.
    Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -71.1798381
    Latitude
    42.7194884

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    FAQs

    What type of property is this?
    Triplex - Three-unit property with residential and commercial spaces, convenient location.
    Where is this triplex located?
    The property is located at 69 Broadway Methuen, MA.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Multi-family/mixed-use property featuring 2 residential units and 1 studio/commercial unit.; - Prime location off Route 28 with quick access to multiple major routes (113, 123, 495 & 93).; - Two residential units with Certificate of Lead Compliance.
    (978) 758-3688
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    69 Broadway 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
    69 Broadway Methuen, MA 01844
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