Great investment opportunity in the heart of Ashland, minutes from downtown. This well-maintained two-family features a first-floor unit with two bedrooms, a living room, and a third room that can easily be converted into a bedroom. The second-floor unit offers four bedrooms and is vacant, previously rented for $3,000/month.The property has six parking spaces and a large lot with potential to build another house behind the property, subject to town approvals. Electrical has been updated, water heaters are less than five years old, and the heating system is newer and well maintained. The basement was recently insulated. Decks were built six years ago and have been maintained, and the siding and roof are newer and in good condition.Perfect for an investor or owner-occupant looking to live in one unit and use rental income to help pay the mortgage.
This home has been viewed 9 times
Last Checked: September 21st, 2026 at 6:33am (Source: MLS PIN #73577891)
Gross Income: $60,000
Gross Expenses: $6,893
Net Income Calc: $53,107
Annual Expenses for 226-228 Union Street, Ashland MA 01721
Total Gross Expenses (Calculated)$6,893/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6893
Annual Income & Unit Breakdown for 226-228 Union Street, Ashland MA 01721
Total Gross Income (Calculated)$60,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 226-228 Union Street, Ashland MA 01721
Listing ID73577891
Property TypeMulti Family / 2 Family
Price749999 ($367.29/SqFt)
StyleMulti Family
CityAshland
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2042
Approximate Lot Size (Acres)0.3
Total Parking5
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 226-228 Union Street, Ashland MA 01721
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher/Dryer And Sellers Personal Items.
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 226-228 Union Street, Ashland MA 01721
Real Estate Taxes6893
Tax Year2026
Assessed Value$542,300
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 226-228 Union Street, Ashland MA 01721
Neighborhood(s)
Area Amenities
Contact Information for 226-228 Union Street, Ashland MA 01721