$880,000
7
Beds
3
Baths
3,085
Living Area
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Property Description
Incredible opportunity to own a fully tenanted three family in a convenient Billerica location minutes to the MBTA Commuter Rail, major routes, and local amenities. With strong rental income and flexible tenant at will arrangements, this property is ideal for investors or future owner occupants. Unit 38A offers 2 bedrooms & an updated bath with a bright, efficient layout that appeals to long term renters. Unit 38B includes 2 bedrooms, 1 bath, and a finished third floor walk up attic currently used as a bedroom. Unit 40A, the largest, features 3 bedrooms and a walk-up attic with potential to finish. Current rents of $2,000, $2,100, and $2,700 generate a strong $81,600 in annual rental income. Whether you’re an investor looking to expand your portfolio or an owner occupant seeking rental income to offset costs, this is a rare and profitable find in a great Billerica location!
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Highlights
- Heating: Forced Air, Natural Gas
- Parking Spots: 6
- Property Type: 3 Family
- Total Rooms: 14
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator
- Foundation: Stone, Brick/Mortar
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Unfinished
- Interior Features: Living Room, Kitchen, Dining Room, Office/Den
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: 105
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Amenities
- Community Features: Public Transportation, Park, Highway Access, House of Worship, Public School, T-Station
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $664,100
- Tax Year: 2025
- Total Rent: $6,800
- Rental Fee Includes: Unit 1(Water), Unit 2(Water, Other (See Remarks)), Unit 3(Water, Other (See Remarks))
- Taxes: $7,614
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Listing information provided courtesy of Splice Realty.
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