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4 Beds
3 Baths
2,852 sqft

$899,700

510 Prospect St, Methuen MA, 01844

Price per sqft$315.46
Built in2013
Property size2,852 sqft
Property typeMulti-family

Overview

Active

New

Listed Oct 20, 2026

Updated 18h ago

THE POSSIBILITIES OF THIS PROPERTY ARE ALMOST ENDLESS! NOTE: THIS IS NOT CURRENTLY A MULTI FAMILY. There is IMMEDIATE potential for an ADU either in the basement or in the barn/garage (previously DELEADED). The walk-out basement has approx 700 sq ft of finish-able space. The first level of the barn/garage has approx 1035 sq ft, the 2nd level of the barn has approx 770 sq ft and the 3rd level of the barn has an additional 372 sq ft. The first level of the barn/garage would be perfect for a handicap accessible unit !  All of which could be finished with the proper permits. The lower level of the barn could still remain as a garage but also has other potential. In addition, a buyer could potentially apply for a zoning change to Multi-Family, which could allow the barn to be finished into 2 or 3 different units plus the walk-out lower level of the main house. Prospect Street already has multiple 2 & 3 family homes as well as multi-use & commercial properties so a zoning change is a real possibility. But in the meantime, while you are pursuing these permits, you get to enjoy (or rent out) this FABULOUS 13-year old, better than new home! The kitchen is the heart of the home w/ custom cabinetry, granite countertops, marble backsplash & stainless appliances, opening seamlessly to the family room w/ gas fireplace & slider to the private, elevated deck w/ electric awning w/ remote. A dedicated office w/ French doors & large windows is conveniently located near the laundry rm (not just a laundry closet) & half bath. The lovely dining room features crown moulding, wainscoting & a granite ledge. Second floor has 4 spacious bedrooms - all w/ hardwood floors & 2 full baths. A full walk-out basement offers exceptional storage & exciting potential for future expansion. Enjoy the turnaround driveway, abundant parking, irrigation system & low-maintenance vinyl siding.There is even a side porch to enjoy morning coffee or afternoon cocktails while overlooking the glorious landscaping. City water, city sewer & natural gas! The location is exceptionally convenient—just minutes to I-93 & I-495, The Loop, shopping, dining, Market Basket, Home Depot, Target & tax-free NH. A truly distinctive property where history, nature, flexibility & modern living come together in a setting that is hard to duplicate! Opportunities like this are almost impossible to find!

$5,986/mo

Est. mortgage payment based on a $899,700 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73593027

Interior Features

Bedrooms
4
Bathrooms
3
Fireplace
Yes
Basement
Yes

Exterior Features

Lot Size
0.54 Acres

Other Property Details

Taxes
$8,756
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

This listing is provided by The Peggy Patenaude Team with William Raveis R.E. & Home Services

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Data last updated 4:20 AM UTC, 10/22/2026

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