38-40 Talbot Ave Open House Save Request In-Person Tour Request Virtual Tour
Billerica,MA 01862
OPEN HOUSE
Sun Nov 23, 11:30am - 1:30pm
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,085 sqft
Price per Sqft $291
MLS Listing ID 73456520
Bedrooms 7
Full Baths 3
Year Built 1900
Annual Tax Amount $7,614
Tax Year 2025
Property Sub-Type 3 Family
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!
Location
State MA
County Middlesex
Zoning 105
Interior
Heating Forced Air,Natural Gas
Cooling None
Exterior
Community Features Public Transportation,Park,Highway Access,House of Worship,Public School,T-Station
Roof Type Shingle
Building
Lot Description Level
Story 3
Foundation Stone,Brick/Mortar
Sewer Public Sewer
Water Public