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38-40 Talbot Ave, Billerica, MA 01862
- $880,000
- 7
- BD
- 3
- BA
- 3,085
- SqFt
- Sold Price
- $880,000
- List Price
- $899,000
- Status
- SOLD
- MLS#
- 73456520
- Bedrooms
- 7
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 3,085
- Lot Size (Acres)
- 0.31
- Year Built
- 1900
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!
Additional Information
- Taxes
- $7,614
- Interior Features
- Living Room, Kitchen, Dining Room, Office/Den
- Parking Description
- Paved Drive
- Lot Description
- Level
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: The Sarkis Team from Listing Office: Douglas Elliman Real Estate - The Sarkis Team.
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