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!
- Heating System:
- Forced Air, Natural Gas
- Cooling System:
- No
- Basement:
- Unfinished
- Parking:
- Paved Drive
- Appliances:
- Range, Refrigerator
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Sale is Subject to Suitable Housing. Property Identified.
- Garage Parking
- Interior Features:
- Kitchen, Dining Room, Office/den, Living Room
- Lead Paint:
- Unknown
- Road Type:
- Paved
- Rent Fee Includes:
- Unit 1(water), Other (See Remarks)), Unit 2(Water, Unit 3(water
- Market Time:
- 14
- Parking Spaces:
- 6
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $285
- Zoning:
- 105
- No Units:
- 3
- Orig Price:
- $899,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Billerica
- State:
- MA
- County:
- Middlesex
- Postal Code:
- 01862
- Longitude:
- W72° 42' 48.4''
- Latitude:
- N42° 35' 15.3''
Residential Income
38-40 Talbot Ave, Billerica, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $899,000
- Bedrooms :
- 7
- Rooms :
- 14
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 3,085 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.31 Acre
- Listing ID :
- 73456520
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com