Four-Unit Multifamily
25-27 Plymouth St, Methuen, MA 01844
For Sale
$774,999
Pending
The residence combines a three-bedroom unit with three one-bedroom apartments.
Property Size1,900 SF
Days on Market14
Property Features for 25-27 Plymouth St
General Information
Standard status
Size
Property subtype
Lease Term
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Real Broker MA, LLC
(855) 450-0442
Listed By:
Monica Ros
(978) 944-9307
Source:
Iverty
Added: Oct 27
Changed: Nov 8
Last Checked: Nov 8 at 6:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker MA, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit multifamily property at 25-27 Plymouth St. in Methuen contains 2,902 square feet. Its unit mix consists of one three-bedroom apartment and three one-bedroom apartments. Built in 1900, the building is suited to a buyer evaluating a multifamily property with several distinct residential units.
The property is in Methuen, with access to downtown, local shops, restaurants, schools, major highways, and the New Hampshire border.
The property is in Methuen, with access to downtown, local shops, restaurants, schools, major highways, and the New Hampshire border.
Key Highlights
- Four residential units: one three‑bedroom apartment and three one‑bedroom apartments
- 2,902 square feet of building area
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,888
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,760
$977.8K
Cap Rate 7%
$698,400
$698.4K
Cap Rate 9%
$543,200
$543.2K
Market Conditions
NOI Build-Up for 2,902 SF
Gross rent
$73.1K $25.20/SF
− Vacancy
−$3.3K −$1.13/SF
EGI
$69.8K $24.07/SF
− OpEx
−$21.0K −$7.22/SF
NOI
$48.9K $16.85/SF
Area
Essex County, MA
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,760
Cap Rate 7%
$698,400
Cap Rate 9%
$543,200
Alternative Uses
Best Use
Multifamily LT 5
$698.4K
$611.1K – $814.8K
NOI $48,888 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$630.4K
$551.6K – $735.5K
NOI $44,129 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,258 @ 7.0% cap · market cap 15.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Explore this area
Business Placement
Demographics for 01844, MA
52,970
Population
19,496
Households
2.7
Avg Household Size
42
Median Age
30%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
2,397
Density / Sq Mi
$103,292
Median Household Income
$52,176
Median Earnings
$1,610
Median Rent
$471,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - The residence combines a three-bedroom unit with three one-bedroom apartments.
Where is this quadplex located?
The property is located at 25-27 Plymouth St Methuen, MA.
What is the asking price?
The asking price for this property is $774,999.
What are key features of this property?
This property features: Four residential units: one three‑bedroom apartment and three one‑bedroom apartments; 2,902 square feet of building area; Built in 1900
