Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

1-3 Ingalls Ct & 164-164a Broadway

Methuen, MA ID #73349147

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1-3 Ingalls Ct & 164-164a Broadway

- Methuen, MA ID #73349147

Property Description

Rare investment opportunity in Methuen! 1-3 Ingalls Ct & 164-164A Broadway features two separate buildings—a three-family and a two-family—on a 5-unit lot with 11 bedrooms and 5 bathrooms across 4,883 sq. ft. of living space. With 6 off-street parking spaces, separate utilities, and a layout ideal for stable cash flow, this property offers immediate returns and long-term upside. Currently producing $8,350/month with a pro forma NOI of $95,060 and projected 7.92% cap rate. Situated on a 0.132-acre lot and surrounded by residential charm, this portfolio-style asset has minimal turnover, low vacancy, and strong rental demand. Great for both new and seasoned investors.

Additional Details

  • Status: PCG
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Zip Code: 01844
  • Taxes: 9,991
  • Levels: 9
  • Acres: 0.13

Parking

  • Parking: Paved Drive
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 5
  • Total Floors: 9
  • Total Rooms: 26

Location

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1-3 Ingalls Ct & 164-164a Broadway, Methuen, MA

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Content © 2025 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Eridania Reyes of View Real Estate Group. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.