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Residential Income Property
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Pending

19-21 Old Elm St, Billerica, MA 01862

Multi-family on a road with public water, sewer, and gas; seller never occupied.

Property SizeContact for details
Days on Market149

Property Features for 19-21 Old Elm St

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Highway Access Yes
Utilities to Site Yes
Listing Agency: Berkshire Hathaway HomeServices Town and Country Real Estate
Listed By: Barbara Coppinger · License #MA
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Sep 4 at 7:42AM

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 Berkshire Hathaway HomeServices Town and Country Real Estate

Investment Insights

Based on property information with market context.

For sale, this multi-family/residential income property is being offered at a price below assessed value. The seller has never occupied the home, and neither the seller nor the agent makes representations regarding the accuracy of any information provided. Prospective buyers and their agents should conduct their own due diligence, verifications, and research.

The property is located on a road served by public water, sewer, and gas. The public remarks also indicate the location is convenient to commuter rail and major highways.

Financing is described as very unlikely; the offering is described for cash or construction loans.

Key Highlights

  • Multi‑family property on a road with public water, sewer, and gas
  • Seller has never occupied the property
  • Priced below assessed value

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby

Demographics for 01862, MA

11,430
Population
4,263
Households
2.7
Avg Household Size
40
Median Age
39%
College-Educated
91%
High-School Grad
9.1 sq mi
ZIP Area
1,256
Density / Sq Mi
$131,214
Median Household Income
$67,595
Median Earnings
$1,881
Median Rent
$503,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multi-family on a road with public water, sewer, and gas; seller never occupied.
Where is this multifamily property located?
The property is located at 19-21 Old Elm St Billerica, MA.
What are key features of this property?
This property features: Multi‑family property on a road with public water, sewer, and gas; Seller has never occupied the property; Priced below assessed value
More about this property
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