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 on Tenant-at-Will agreements, 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 15 times
Last Checked: December 7th, 2025 at 7:08am (Source: MLS PIN #73458906)
Gross Income: $76,752
Gross Expenses: $4,887
Net Income Calc: $71,865
CAP Rate: 11.98%
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 Tax$4,887
Annual Income & Unit Breakdown for 5 B St, Douglas MA 01516
Total Gross Income (Calculated)$76,752
Unit 1
Rental Income$1,599
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,599
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,599
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,599
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 5 B St, Douglas MA 01516
Listing ID73458906
Property TypeMulti Family / 4 Family
Price$599,900 ($181.13/SqFt)
Style4 Family
CityDouglas
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total3,312 SqFt
Approximate Lot Size (Acres)0.67 acres
Total Parking10 (2 Garage)
Garage Parking2 / Detached
Year Built1850
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningVR
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesStream
Energy Features
Terms
Disclosures for 5 B St, Douglas MA 01516
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$95,940
Total Net Income By Broker$95,940
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 5 B St, Douglas MA 01516