Great multi-family investment opportunity here at 22 Gilboa St in Douglas, MA featuring a 3-unit multi-family with a VACANT first floor 2-bedroom unit and the rest of the tenants on month-to-month lease agreements, offering immediate flexibility for rent adjustments or owner-occupancy strategies. The property includes 6 total bedrooms and 3 bathrooms and currently produces a strong $4,950 monthly rent roll. The building is in good overall condition, with a recently renovated Unit 1 and updates completed in Units 2 and 3, enhancing tenant appeal while still leaving room for value-add improvements. Off-street parking adds convenience, making this a straightforward, income-producing asset with both immediate cash flow and strategic upside.
- Heating System:
- Oil
- Parking:
- Off Street, Paved, Paved Drive
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Lead Paint:
- Unknown
- Market Time:
- 60
- Parking Spaces:
- 6
- Tax Year:
- 2024
- Status:
- Active
- Price Per Sqft:
- $286
- Zoning:
- VR
- No Units:
- 3
- Orig Price:
- $650,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Douglas
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01516
- Longitude:
- W72° 17' 12.9''
- Latitude:
- N42° 4' 37.7''
Residential Income
22 Gilboa St, Douglas, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $599,990
- Bedrooms :
- 6
- Rooms :
- 15
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 2,100 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.11 Acre
- Listing ID :
- 73477532
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com