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Lynne McGrath
REALTOR®
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255 Hampshire St, Methuen, MA 01844

$1,100,000
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Active Under Contract
BEDS9 BATHS3 full 1 partial SQUARE FEET5,616 MLS#73490012
STATUSActive Under Contract PROPERTY TYPEMulti Unit - Multiple

Property Description

Attention Developers & Builders, this is the opportunity you've been waiting for! Nearly 7 acres of prime residential land straddling Methuen, MA and Salem, NH, offered as a package with an existing 1850 Colonial 3-family. Large contiguous parcels like this are extraordinarily rare in Methuen, where developable land of this scale is virtually nonexistent in today's market. This is a once-in-a-generation chance to assemble a meaningful residential development in one of the Merrimack Valley's most sought-after communities. The sprawling lot offers exceptional potential for subdivision into multiple home sites, subject to city/town approval. Bordered by the NH state line to the north & east, Rte 213 to the south, & Rte 28 to the west outstanding accessibility to major employment centers & commuting routes. Existing improvements include a 3-car garage, barn, & outbuildings. Don't miss your chance to leave your mark on this growing community! Includes 2 acres in Salem NH (MBLU155/ / 9514/ /

255 Hampshire St | MLS# 73490012

This multi-family property located at 255 Hampshire St, Methuen, MA 01844 is currently listed for sale with an asking price of $1,100,000. Search Methuen real estate on lynnemcgrath.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Fireplaces: 2
Garage: 3
Heating: Steam, Oil
Lot Size: 7.00 Acres
Roof Type: Shingle
Stories: 4.0
Taxes: $11,668
Year Built: 1850

Amenities

Bathroom With Tub & Shower
Country Kitchen
Pantry
Living Room
Kitchen

Feature Descriptions

Appliances: Range
Building Area Total: 5616
Community Features: Shopping
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 31
Dwelling Type: 3 Family
Exterior: Frame
Fireplace Features: Wood Burning
Fireplace Y/N: Yes
Flooring: Hardwood, Wood
GarageY/N: Yes
HeatingY/N: 1
Lot Features: Level
Open Parking Y/N: Yes
Parcel Number: M:00610 B:00059 L:00003,2040231
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 9
Rooms Total: 19
Sewer: Public Sewer, Other
Units: 3
Water: Public, Other
Window Features: Screens

Listed By / Shown By

Listed By

Agency Name: Team Zingales Realty, LLC
Agency Phone: 888-832-6910
Agent Name: Team Zingales

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Shown By

Agent Name: Lynne McGrath
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 3,741.29 per month $2,448.12 Principal & Interest $972.33 Property Tax $320.83 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/23/2026. The listing information on this page last changed on 04/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/23/2026 12:00:38 AM EST) or MLSPIN MLS (last updated Wed 04/22/2026 11:38:30 PM EST) or Prime MLS (last updated Wed 04/22/2026 11:33:16 PM EST) or MREIS (last updated Wed 04/22/2026 11:55:22 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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