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Developer opportunity! Mixed used commercial and residential building in Downtown Methuen. Approved for 4 residential units which would need to be build out. Three existing commercial units in place now, one is rented at $1600 per month. Seller has blueprints/plans for residential units along with estimated costs to build. Only one residential unit is part of the affordable housing program, monthly rent to be $1491 which would be made available through a lottery to income-eligible households. Plans allow for large units, elevator and off street parking.

Property Details of 2 Charles Street

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Listed by Fermin Group and Michelle Fermin of Century 21 North East

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