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$1,399,000
Total Beds: 6 Total Baths: 5
Total Units: 3 SQFT: 5386
LOT size: 0.23 Acres
16 Quincy St
Methuen, MA 01844
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Property Description

This exceptional multi-residence property showcases beautifully preserved historic character, featuring rich original woodwork, intricate millwork, pocket doors, and multiple fireplaces. Details that are nearly impossible to replicate today. The main residence offers expansive living spaces designed for both everyday comfort and elegant entertaining. Filled with natural light and classic charm. Beyond the owner's space, two additional units provide strong income potential, each with private living areas, separate utilities, and updated systems. Major upgrades have already been completed, including updated plumbing, modern heating systems, and on-demand hot water offering the perfect balance of historic beauty and modern reliability. Outdoor living is equally inviting, with private deck space and thoughtfully landscaped areas that enhance the overall lifestyle experience. This is not your typical multi-family, it is a rare blend of character, flexibility, and income potential!!

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 6
  • Total Full Baths: 5
  • Total Fireplaces: 4
  • Amenities: Highway Access, Laundromat, Medical Facility, Public School, Public Transportation, Shopping
  • Basement Features: Bulkhead, Concrete Floor, Full
  • Common Rooms: Dining Room, Family Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Security System, Stone/Granite/Solid Counters, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Common Heating: Central Heat, Central Heat, Ductless Mini-Split System, Electric, Electric, Extra Flue, Forced Air, Forced Air, Gas, Heat Pump, Hot Water Radiators, Oil, Space Heater, Steam
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Owner Provided
  • Gross Operating Income: 82800
  • Gross Expenses: 55141
  • Water/Sewer: 1265
  • INSC: 3936
  • Repairs & Maintenance: 6200
  • Management Fee: 3500
  • Net Operating Income: 27659

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Storm Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1915
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Shingle, Slate
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73517102
  • Last Updated: 05/25/26

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Map

Seller's Representative: Kris Peters, eXp Realty LLC - Corporate Office
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-05-25 03:05:00