#73382974, Mary Koontz-Daher, Listing Office: Weichert Realtors' Daher Companies
1-3 Fairoaks Ave Methuen, MA 01844
Property details
About 1-3 Fairoaks Ave
This beautifully maintained 2-family home is set on the corner of Vermont & Fairoaks in one of Methuen’s most charming, tree-lined neighborhoods. Even w/ below-market rents, this property is a proven money maker offering a great opportunity for both owner-occupants & investors. Each unit features 4+ bdrms, 2 full baths, eat-in kitchen, dining rm, living rm, & bonus rms perfect for a home office or additional living space. W/ stunning craftsmanship & preserved architectural details, this home radiates character, & functionality. , This is truly a move-in-ready property w/ many major updates & system upgrades already completed. A large yard & detached garage add even more value & appeal. Located just minutes from restaurants, shopping, medical facilities, & with easy access to major highways, this home offers comfort & connectivity. Whether you choose to live in one unit and rent the other to offset your mortgage or rent both for income, this versatile property checks all the boxes.
Highlights
(Contingent)
Summary
- Full Bathrooms: 4
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Basement: Yes
- Flooring Type: Wood, Tile, Carpet, Hardwood
- Interior: Floored Attic, Walk-Up Attic, Heated Attic, Bathroom with Shower Stall, Bathroom With Tub, Slider, Crown Molding, Living Room, Dining Room, Kitchen, Office/Den
- Fireplace: Wood Burning
- Total Bedroom Count: 8
- Garage Space: 2 spaces
- Parking: Paved Drive
- Heating: Baseboard, Hot Water
- Cooling: None
- List Price: $1,095,000
- Price/SqFt: $202
- Lot: Corner Lot, Wooded, Level
- Directions: Home is on the corner of Vermont and Fairoaks
- Year Built: 1901
- Stories: 6
- Living Area: 5,398 SqFt
- Lot Size: 0.34 Acres
- MLS Number: 73371863
- MLS Name: MLS Property Information Network
- Office Name: Berkshire Hathaway HomeServices Verani Realty
- Office Phone: (603) 434-2377
- Listing Agent: Jane Cresta
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Last updated on: 5/31/2025, 12:55:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,095,000
1-3 Fairoaks Ave
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Price information
Property sales
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Nearby schools
4
Parthum Elementary School
Public District KG-5
0.7 mi
•255 E Haverhill St
2
Leahy Elementary School
Public District 1-5
0.8 mi
•100 Erving Ave
4
Tarbox Elementary School
Public District 1-5
1.0 mi
•59 Alder St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,355. Residents of Methuen, MA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
Living in Methuen, MA
Methuen's transport infrastructure supports both private and public transit options, with a network of roads that connect to major highways, facilitating travel and commuting. Public transportation services are available, providing residents with alternatives to private vehicle use. The town also features areas that are pedestrian-friendly, encouraging walking and biking as viable modes of transportation. Recent efforts have been made to enhance the efficiency and accessibility of the transport system to accommodate the needs of the community.
Residents of Methuen have access to a range of essential services. The town's educational system includes several public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare needs are served by local clinics and nearby hospitals that offer a variety of medical services. The public library system supports lifelong learning and community engagement. Retail and dining options are abundant, reflecting the local culture and providing residents with a variety of choices.
Methuen prides itself on a rich historical heritage and a strong sense of community. The town's character is shaped by its well-preserved historical sites and the annual Methuen Festival of Trees, which showcases the community's engagement and festive spirit. The area is celebrated for its balance of suburban tranquility and active community life, offering residents a peaceful yet connected lifestyle.
The housing landscape in Methuen is characterized by a blend of single-family homes, apartments, and townhouses, with single-family homes being the most prevalent. The architectural styles in the area range from classic colonial to contemporary, reflecting the town's historical roots and modern growth. The majority of homes were built during a development surge in the late 20th century, with a homeownership rate that is reflective of a community invested in long-term residency.
About 1-3 Fairoaks Ave
This home is located at 1-3 Fairoaks Ave in Methuen, MA and zip code 01844. This 5,398 square foot home, which was built in 1901, sits on a 0.34 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $1,095,000.
In April 2025 more than 16 listings in Methuen, MA were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 14 were sold below. The number of listings in Methuen, MA increased by 31.8% between March and April 2025. Listings spent 31 days on the market in April 2025, and had a median list price of $581,333 during the same period.