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Properties

  • 317 Boston Rd, Billerica, Massachusetts, ,Commercial Sale,For Sale,Boston Rd,73469289
  • 317 Boston Rd, Billerica, Massachusetts, ,Commercial Sale,For Sale,Boston Rd,73469289
  • 317 Boston Rd, Billerica, Massachusetts, ,Commercial Sale,For Sale,Boston Rd,73469289
  • 317 Boston Rd, Billerica, Massachusetts, ,Commercial Sale,For Sale,Boston Rd,73469289
  • 317 Boston Rd, Billerica, Massachusetts, ,Commercial Sale,For Sale,Boston Rd,73469289
  • 317 Boston Rd, Billerica, Massachusetts, ,Commercial Sale,For Sale,Boston Rd,73469289
  • 317 Boston Rd, Billerica, Massachusetts, ,Commercial Sale,For Sale,Boston Rd,73469289
  • 317 Boston Rd, Billerica, Massachusetts, ,Commercial Sale,For Sale,Boston Rd,73469289
Property Description

A 2 to 2.5-story wood frame, vinyl sided, former nursing home, Victorian-style structure, with a combination of slate and asphalt shingle roof, 100% sprinklered, a full granite/brick walled foundation & concrete slab basement, built circa 1910, renovated over time. The property is a MASH certified 53-bed sober house under the 12-Step Education Program of NE. This investment offers tremendous upside, when stabilized at an 85% occupancy. Rents were increased as of October 2025, to $310/week for singles, $235/week for shared rooms, $1,250/month for singles & $1,000/month for shared rooms, which includes food. To date, the mix has historically been 10% monthly fees and 90% weekly fees. The property is in need of upgrades. A stabilized proforma at a 15% vacancy, may produce a potential NOI of $71,331 that includes a NNN lease payment to the real estate ownership of $250,000 annually.

Additional Information
Area:
North Billerica
Tax Year:
2026
Status:
Active
Zoning:
GB
Orig Price:
$3,000,000
Waterfront:
No
MlsStatus:
Active
Address Map
City:
Billerica
State:
MA
County:
Middlesex
Postal Code:
01862
Longitude:
W72° 43' 24''
Latitude:
N42° 34' 9.1''
  • Google Map

Commercial Sale

317 Boston Rd, Billerica, Massachusetts

9,929 Sqft
$3,000,000
Listing ID #73469289
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$3,000,000
Square Footage :
9,929 Sqft
Year Built :
1910
Lot Area :
1.40 Acre
Listing ID :
73469289
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Agent info
Robb Enterprises
  • Stephen E. Robb
  • View website
  • 617-212-0251
  • srobb@robbenterprises.com

Contact Agent

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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