15-151/2 Central St Methuen, MA 01844
Property details
About 15-151/2 Central St
Well-maintained four-unit multifamily investment property in the heart of Methuen. This asset offers a mix of (1) 4-bedroom/2-bathroom townhouse unit and (3) 1-bedroom/1-bathroom units, totaling 4,074 square feet of living space on a 0.27-acre parcel. Recent property improvements, including a newer roof, windows, insulation, water heater tank, and boiler, enhance long-term value and minimize maintenance costs. Additional amenities such as off-street parking, a garage, and backyard space. Located in a high-demand residential neighborhood, the property provides seamless access to major highways (Routes 93 & 213), downtown Methuen, and is just minutes from the New Hampshire state line. Current rental rates are below market, presenting an opportunity to enhance revenue by aligning rents with market levels.
Highlights
(New)
Summary
- MLS Number: 73336807
- MLS Name: MLS Property Information Network
- Office Name: Alvarez Real Estate Group LLC
- Office Phone: (617) 329-9493
- Listing Agent: Michael Alvarez
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$999,900
15-151/2 Central St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
2
Community Day Arlington Elementary School
Public District KG-4
1.0 mi
•150 Arlington St
4
Tarbox Elementary School
Public District 1-5
1.1 mi
•59 Alder St
2
Leahy Elementary School
Public District 1-5
1.6 mi
•100 Erving Ave
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 $46,438. Most Methuen, MA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
Frequently asked questions
Living in Methuen, MA
About 15-151/2 Central St
This home is located at 15-151/2 Central St in Methuen, MA and zip code 01844. This 4,074 square foot home, which was built in 1900, sits on a 0.27 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $999,900.
In January 2025, from all listings sold in Methuen, MA there were more than 14 sold above asking price, over 8 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Methuen, MA decreased by 25.8% between December and January 2025. In January 2025, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $576,666.