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377-379 Boston Rd, Billerica MA 01821

$1,400,000

Estimated $3,088.17/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $350,000

Total Rent: 138000/year

Estimated CAP Rate: 9.16%

12 Bedrooms

7 Full, 1 Half Baths

6,223 SqFt

Total Parking: 14 (4 Garage)

59,111 SqFt

Unique home with great opportunity for an investor, zoned for residential business with 4 apartments and ,a multi room attached office, also a great opportunity for a professional to have extra income, inground pool, extra living space in pool area ,4 car detached garage, 3 fireplaces, close to major highways ,shopping, restaurants, commuter rail and many more amenities. Appointment required for tenants with 24 hours to show, only Monday through Friday 9-3 accompanied showings.

This home has been viewed 138 times

Last Checked: February 4th, 2025 at 5:18am (Source: MLS PIN #73289802)

Gross Income: $138,000

Gross Expenses: $9,817

Net Income Calc: $128,183

CAP Rate: 9.16%

Annual Expenses for 377-379 Boston Rd, Billerica MA 01821

Total Gross Expenses (Calculated)$9,817/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,817

Annual Income & Unit Breakdown for 377-379 Boston Rd, Billerica MA 01821

Total Gross Income (Calculated)$138,000

Unit 1

Rental Income$4,000

LeaseN

Bedrooms5

Bathrooms3 Full

Floor1

Levels in Unit3

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water), Unit 2(heat, Water), Unit 4(heat

Unit 2

Rental Income$3,500

LeaseN

Bedrooms3

Bathrooms2 Full, 1 Half

Floor2

Levels in Unit1

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water), Unit 2(heat, Water), Unit 4(heat

Unit 3

Rental Income$1,800

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water), Unit 2(heat, Water), Unit 4(heat

Unit 4

Rental Income$2,200

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water), Unit 2(heat, Water), Unit 4(heat

General Information for 377-379 Boston Rd, Billerica MA 01821

Listing ID73289802

Property TypeMulti Family / 4 Family

Price$1,400,000 ($224.97/SqFt)

Style4 Family

CityBillerica

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total6,223 SqFt

Approximate Lot Size (Acres)1.36 acres

Total Parking14 (4 Garage)

Garage Parking4 / Detached

Year Built1932

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel, Wooded

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRes- Apt

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 377-379 Boston Rd, Billerica MA 01821

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureThis property is zoned 4 unit apartment .

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$138,000

Total Net Income By Broker$138,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 377-379 Boston Rd, Billerica MA 01821

Real Estate Taxes$9,817

Tax Year2024

Assessed Value$869,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$138,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$138,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.16%

Location Information for 377-379 Boston Rd, Billerica MA 01821

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Public Transportation, T-station, Pool

Contact Information for 377-379 Boston Rd, Billerica MA 01821

Agent

Name: Jeanette Tighe

Office

Name: EXIT Premier Real Estate

Phone: 781-270-4770

Payment Calculator

, Interest

Property Taxes 818.08

Principal & Interest 8626.35

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

EXIT Premier Real Estate

Jeanette Tighe

Agent Phone

Office Phone

(781) 270-4770

Text Agent Call Agent Call Office

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