Live-Work Property with Carriage
New
For Sale
$1,500,000
11-15 Taylor St, Littleton, MA 01460
Business zoning, two residential units, and a separate carriage house bring residential and commercial flexibility to the property.
Property Size4,275 SF
Price / SF$350.88
Days on Market4
Property Features for 11-15 Taylor St
General Information
Standard status
Active
Size
4,275 SF
Property subtype
Residential Income
Zoning
Business
Taxes and HOA fees
Annual Taxes
$20,330
Amenities
Full,Bulkhead,Concrete,Unfinished
Hardwood
Yes
6
5
Skylight(s),Insulated Windows
Washer Hookup,Dryer Hookup,Washer & Dryer Hookup,Electric Dryer Hookup
Measured
2
Electric
Stone/Granite/Solid Counters,High Speed Internet,Walk-In Closet(s),Bathroom with Shower Stall,Bathroom With Tub & Shower,Remodeled,Internet Available - Fiber-Optic,Open Floorplan,Slider,Kitchen,Famil
4275
No
Cleared,Level
Public
Insulated Doors
0.82
19
4
133.00
Paved Drive,Off Street,Common,Paved
Concrete Perimeter,Stone,Granite
Building Details
Building Size
4,275 SF
Year Built
1900
Stories
5
Listing Agency:
J. R. Pierre Real Estate
(617) 625-1193
Listed By:
Rivard Pierre · License #9031521
(617) 233-9894
Source:
Jrpierre
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 2:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J. R. Pierre Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,275-square-foot live-work property occupies 0.82 acres and includes a Victorian residence configured as two units, with six bedrooms and six bathrooms. A substantial renovation completed in 2022 included new mechanical, plumbing, electrical, roofing, insulation, window, and kitchen systems. A 12-zone mini-split system provides heating and cooling. The residence also has a roof deck and a framed connection between the units that can be opened to combine the living areas.
A four-car carriage house contains two separate two-car bays, lower-level storage, and more than 900 square feet of unfinished walk-up space. The driveway accommodates a full vehicle loop for trucks and trailers, with additional yard area. Business zoning and the property’s existing configuration provide a mix of residential and commercial space; future changes or uses are subject to required approvals.
A four-car carriage house contains two separate two-car bays, lower-level storage, and more than 900 square feet of unfinished walk-up space. The driveway accommodates a full vehicle loop for trucks and trailers, with additional yard area. Business zoning and the property’s existing configuration provide a mix of residential and commercial space; future changes or uses are subject to required approvals.
Key Highlights
- 4,275‑square‑foot property on 0.82 acres
- Two‑unit residence with 6 bedrooms and 6 bathrooms
- Renovation completed in 2022, including building systems and kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$135,647
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,712,940
$2.7M
Cap Rate 7%
$1,937,814
$1.9M
Cap Rate 9%
$1,507,189
$1.5M
Market Conditions
NOI Build-Up for 4,275 SF
Gross rent
$231.9K $54.24/SF
− Vacancy
−$51.0K −$11.93/SF
EGI
$180.9K $42.31/SF
− OpEx
−$45.2K −$10.58/SF
NOI
$135.6K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,712,940
Cap Rate 7%
$1,937,814
Cap Rate 9%
$1,507,189
Alternative Uses
Best Use
Office B
$1.94M
$1.70M – $2.26M
NOI $135,647 @ 7.0% cap · market cap 9.04%
Second Best
Multifamily LT 5
$1.29M
$1.13M – $1.51M
NOI $90,461 @ 7.0% cap · market cap 6.03%
Theoretical Best
Office A
$2.53M
$2.21M – $2.95M
NOI $177,155 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Explore this area
Business Placement
Demographics for 01460, MA
10,141
Population
3,858
Households
2.6
Avg Household Size
43
Median Age
61%
College-Educated
96%
High-School Grad
16.5 sq mi
ZIP Area
615
Density / Sq Mi
$146,250
Median Household Income
$80,259
Median Earnings
$1,542
Median Rent
$633,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Live-work space - Business zoning, two residential units, and a separate carriage house bring residential and commercial flexibility to the property.
Where is this live-work space located?
The property is located at 11-15 Taylor St Littleton, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,275‑square‑foot property on 0.82 acres; Two‑unit residence with 6 bedrooms and 6 bathrooms; Renovation completed in 2022, including building systems and kitchens
