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$1,200,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Units
  • 11 Total Beds
  • 0.53 Acres
  • Updated 22 hours ago
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PRIME METHUEN MULTIFAMILY INVESTMENT OPPORTUNITY! Discover this exceptional five-unit property ideally located near major highways, shopping, and everyday amenities. Each unit was thoughtfully renovated before tenant occupancy, featuring updated finishes, stainless steel appliances, and granite countertops. This property offers dedicated off-street parking lot for tenant convenience, while separately metered heat and electricity help support efficient ownership and operating expenses. A rare opportunity to acquire a well-positioned, income-producing asset in a desirable Methuen location. Buyer and Buyer's agent to conduct their own due diligence and verify all information associated with the property.

Full Property Details for 40-44 Forest St

General

  • Price: $1,200,000
  • Taxes: $11,241 (2026)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73569939
  • Updated: 8/30/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 11

Parking

  • Parking Features: Paved Drive, Off Street, Assigned, Paved

Location

  • County: Essex

Structural Information

  • Basement: Yes
  • Stories/Levels: 7
  • Square Feet: 5,306
  • Year Built: 1890

Lot Features

  • Lot Size (Acres): 0.53

Financial Considerations

  • Tax Amount: $11,241
  • Tax Year: 2026

Disclosures and Reports

  • Disclosures/Rstr.: Seller disclosures attached, Also Lead Certification paperwork attached. Buyer/Buyer's Agent are solely responsible for conducting their own independent due diligence
  • Property ID: M:0516 B:0154 L:0004, 2039964
  • Block/Lot/Section: 154

Listed by Jill & Co. Realty Group, Pam Cail

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Listing agent

— 40-44 Forest St —

  • Pam Cail

    Jill & Co. Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40-44 Forest St

School District:Methuen School District
NameGradesDistance
Tenney Grammar School
75 Pleasant Street, Methuen, MA 01844
PK-82.2 mi
Methuen High School
1 Ranger Road, Methuen, MA 01844
9-122.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40-44 Forest St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/30/2026
Listed
$1,200,000
119999900%
MLS
1/08/2007
Sold
$1
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40-44 Forest St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,298
5%
$973,300
7%
2024
$9,848
2%
$906,800
10%
2023
$9,636
16%
$823,600
29%
2022
$8,301
—
$636,100
1%
2021
$8,281
—
$627,800
2%
2020
$8,254
-3%
$614,100
2%
2019
$8,511
17%
$599,800
18%
2018
$7,279
-3%
$510,100
—
2017
$7,473
1%
$510,100
2%
2016
$7,432
15%
$501,800
14%
2015
$6,450
11%
$441,800
13%
2014
$5,824
—
$392,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 40-44 Forest St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Jill & Co. Realty Group, Pam Cail

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40-44 Forest St, Methuen, MA 01844 (MLS# 73569939) is a Multi-Family property with 5 units containing 11 bedrooms, 5 full bathrooms and 1 partial bathroom. 40-44 Forest St is currently listed for $1,200,000 and was received on August 30, 2026. Want to learn more about 40-44 Forest St? Do you have questions about finding other Multi-Family real estate for sale in Methuen? You can browse all Methuen real estate or contact a Coldwell Banker agent to request more information.

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