Billerica, MA 01862,38-40 Talbot Ave
Billerica, MA 01862,38-40 Talbot Ave
Billerica, MA 01862,38-40 Talbot Ave
Billerica, MA 01862,38-40 Talbot Ave
Billerica, MA 01862,38-40 Talbot Ave
Billerica, MA 01862,38-40 Talbot Ave
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$ 899,000
Est. payment | /mo

7 Beds

3 Baths

3,085 SqFt


Save
$ 899,000
Est. payment | /mo
Save

7 Beds

3 Baths

3,085 SqFt

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

Direction Pollard to Talbot Ave

Rooms

Basement Unfinished

Interior

Interior Features Living Room, Kitchen, Dining Room, Office/Den

Heating Forced Air, Natural Gas

Cooling None

Appliance Range, Refrigerator

Exterior

Community Features Public Transportation, Park, Highway Access, House of Worship, Public School, T-Station

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Lot Description Level

Story 3

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Douglas Elliman Real Estate - The Sarkis Team

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38-40 Talbot Ave

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