317 Boston Rd
billerica, MA 018623 000 000 US$
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A 2 to 2.5-story wood frame, vinyl sided, former nursing home, Victorian-style structure, with a combination of slate and asphalt shingle roof, 100% sprinklered, a full granite/brick walled foundation & concrete slab basement, built circa 1910, renovated over time. The property is a MASH certified 53-bed sober house under the 12-Step Education Program of NE. This investment offers tremendous upside, when stabilized at an 85% occupancy. Rents were increased as of October 2025, to $310/week for singles, $235/week for shared rooms, $1,250/month for singles & $1,000/month for shared rooms, which includes food. To date, the mix has historically been 10% monthly fees and 90% weekly fees. The property is in need of upgrades. A stabilized proforma at a 15% vacancy, may produce a potential NOI of $71,331 that includes a NNN lease payment to the real estate ownership of $250,000 annually.
Detaljer
9,929 Sq Ft
1.4 Privata hektar Partistorlek
kommersiell
1 286 US$ Månadsvis skatt
Inbyggt 1910
MLS/Listnings-ID 73469289
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TOTAL MÅNADSKOSTNAD
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- PRINCIPAL & INTEREST
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- FASTIGHETSSKATT
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HEMPRIS
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