Fantastic investment opportunity in Douglas! This 4-unit multifamily offers 3,312 sq ft of living space across four identical 1-bed/1-bath units, each featuring a versatile bonus room ideal for an office, storage, or additional living space. All units are currently occupied, providing immediate rental income. Positioned on a generous 29,041 sq ft lot, the property features a detached garage, a large storage shed, expansive yard space, and a shared driveway with plenty of parking for residents. A full basement provides additional storage and convenient access to utilities. Located minutes from Douglas center, schools, shopping, and Route 16, this property benefits from strong rental demand and offers excellent long-term upside for investors. Opportunities like this—with multiple units, land, and income potential—don’t come around often.Schedule your showing today—don’t miss this opportunity!
This home has been viewed 45 times
Last Checked: January 28th, 2026 at 5:43am (Source: MLS PIN #73458906)
Gross Income: $52,980
Gross Expenses: $4,887
Net Income Calc: $48,093
Annual Expenses for 5 B St, Douglas MA 01516
Total Gross Expenses (Calculated)$4,887/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4887
Annual Income & Unit Breakdown for 5 B St, Douglas MA 01516
Total Gross Income (Calculated)$52,980
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 5 B St, Douglas MA 01516
Listing ID73458906
Property TypeMulti Family / 4 Family
Price599900 ($181.13/SqFt)
Style4 Family
CityDouglas
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3312
Approximate Lot Size (Acres)0.67
Total Parking10 (2 Garage)
Garage Parking2
Year Built1850
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningVR
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 5 B St, Douglas MA 01516
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher And Dryer Are Not Included
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 5 B St, Douglas MA 01516