Baths2
On Site15 days
Year1985
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Status:
Active Under Contract - Contingent
Property Type:Commercial
MLS #:73116632
On Site:15 Days
County:Essex
Great investment opportunity for sale. Fresh 3 year NNN lease starting at $19 PSF with 3% annual bumps. 9.34% Cap rate. Priced to sell. Property was renovated in 2021. Hot water heater, HVAC systems were replaced in 2021. Exterior, parking lot and roof professionally managed by the association. Association fee is bi-annually and due in July and December. SF includes finished basement. NNN is $2.65 paid by tenant.
Thank you for you interest in this home in Methuen MA. This particular property consist of bedrooms, and sf of living space.
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Community Information
Address:5 Wallace St #5, Methuen, MA 01844
County:Essex
City:Methuen
Zip Code:01844
Property Features
Utilities: Public Water, Public Sewer, Natural Gas Available
Zoning:RD
Directions:Merrimack St to Wallace St
Tax and Financial Info
Tax Year: 2023
Tax Annual Amount: $3,321
Contingency: Pending P&S
Net Operating Income: $32,699
Buyer Agency Compensation: 2
Transaction Broker Compensation: 2
Buyer Agent Compensation: 2
Disclosures: Association fee is bi-annually and due in July and December. SF includes finished basement. Estimated NNN is $2.65
Listing Agent/Office
Listing provided courtesy of Zhuoming Sun, Realty One Group Nest.
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5 Wallace St #5 Methuen, MA 01844
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Listing Information Last Updated 6/9/2023
