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38-40 Talbot Ave Billerica, MA 01862

For Sale
$899,000

Three-family property in Billerica with strong rental income.

Lot size:
0.31 Acres

Property Features for 38-40 Talbot Ave

General Information

Lot size
0.31 Acres

Building Details

Year built
1900

Source: Douglas Elliman Real Estate - The Sarkis Team Agent Mackenzie Cormier

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Tenanted Three-Family Property

This is a fully tenanted three-family property located in Billerica. The property is situated in a convenient location, with proximity to the MBTA Commuter Rail, major routes, and local amenities. The property generates a strong annual rental income of $81,600. Unit 38A features 2 bedrooms and an updated bath with an efficient layout. Unit 38B includes 2 bedrooms, 1 bath, and a finished third-floor walk-up attic that is currently used as a bedroom. Unit 40A, the largest of the three, features 3 bedrooms and a walk-up attic with potential to be finished. The current rents are $2,000, $2,100, and $2,700. The tenant arrangements are at will, offering flexibility for investors or future owner-occupants.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Billerica
County
Middlesex
State
Massachusetts
Longitude
-71.2866607
Latitude
42.587609

FAQs

What type of property is this?
Triplex - Three-family property in Billerica with strong rental income.
Where is this triplex located?
The property is located at 38-40 Talbot Ave Billerica, MA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: - Strong annual rental income of $81,600.; - Fully tenanted three-family property.; - Convenient Billerica location near MBTA Commuter Rail, major routes, and local amenities.
More about this property
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