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$1,150,000
6
Beds
5
Baths
3,091
Living Area
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Property Description
5.43% cap rate ---- Core-plus multifamily asset with both on-site laundry and ample parking requires little capital expenditure and is a value-add investment opportunity with below market rents. First floor consists of one 1-bedroom unit and one 2-bedroom unit. There is also a small, private flex space with its own bath on the first floor. Second floor consists of one 1-bedroom unit and one 2-bedroom unit. Separate electric, heating and central cooling for each dwelling unit. Full basement with coin-operated laundry room. ---- Please be advised that this property is a legal 3-family, but does contain 4 dwelling units. Property gutted to the studs and renovated 1999. 4 new heating systems (2022-2023), central cooling condensers & water heaters. Roof 2024. ---- Tours provided to pre-qualified buyers by appointment.
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Highlights
- Area: North Woburn
- Heating: Forced Air, Natural Gas, Individual, Unit Control
- Parking Spots: 8
- Property Type: 3 Family
- Total Rooms: 15
- Status: Closed
- Cooling: Central Air, Individual, Unit Control
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Appliances: Washer, Dryer, Range, Refrigerator, Dishwasher
- Construction: Frame
- Flooring: Carpet, Laminate
- Interior Features: Laundry Room, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate, Renovated Since
- Zoning: R-2
- Basement: Full, Walk-Out Access, Bulkhead, Concrete, Unfinished
- Exterior Features: Professional Landscaping
- Foundation: Concrete Perimeter, Stone
- Lot Features: Easements, Level
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
- Parking Features: Paved Drive, Off Street, Common
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $903,500
- Tax Year: 2025
- Total Rent: $7,585
- Rental Fee Includes: Unit 1(Heat, Electric, Gas, Water, Hot Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $7,716
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Lamacchia Realty, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
