9 Byron Ave Methuen — Photo 1 of 27
$549,000
Investment Analysis — 9 Byron Ave
Methuen, MA 01844
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01844 carries an estimated $2,770/mo in gross rent — about a 3.67% cap rate and $20,133/yr in estimated NOI at the $549,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,782
Style
Single Family
Built
1953
Charming and expanded 3BR / 2BA Ranch-style home in a highly convenient Methuen neighborhood! This move-in ready property welcomes you with an open and functional floor plan which includes a dedicated 8x7 private home office—perfect for remote work. Lovely hardwood floors flowing through the bedrooms, kitchen and dining area on the main level. The kitchen comes fully equipped with granite countertops, stainless steel appliances, and ample cabinetry. Spend your summer months relaxing or hosting gatherings on the back deck, overlooking your backyard.Retreat downstairs to a massive, finished basement. Boasting a rare separate exterior entrance, this lower level is perfectly suited for overnight guests, extended family, or a potential in-law setup. Enjoy the convenience of an attached garage and a spacious paved driveway providing plenty of off-street parking. Minutes from major highways, schools, shopping, and dining. First Showings to Begin at Open House on Sunday September 20th from 12-2.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 891 sq ft (the lesser of 900 sq ft or half the 1,782 sq ft principal dwelling). Lot size: 10,001 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First20 x 1226
Ceiling Fan(s), Flooring - Wall to Wall Carpet
Kitchen
Lvl Main,First26 x 24
Dining Area, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances
Office
Lvl Main8 x 7
Ceiling Fan(s), Flooring - Wall to Wall Carpet
Primary Bedroom
Lvl First11 x 13
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl First10 x 13
Bedroom 3
Lvl First11 x 13
Ceiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl Main,First10 x 13
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Laundry Chute
Bathroom 2
Lvl Basement12 x 10
Bathroom - Full, Flooring - Laminate, Dryer Hookup - Electric, Washer Hookup
Listing Agent: Lori Bouchie
Listing Office: RE/MAX Beacon
MLS® Number: 73576646