Three-Unit Mixed-Use
For Sale
$1,224,900
Pending
52 Pleasant Street, Woburn, MA 01801
Combines professional office space with two apartments and dedicated on-site parking.
Property Size2,808 SF
Days on Market140
Property Features for 52 Pleasant Street
General Information
Standard status
Pending
Size
2,808 SF
Property subtype
3 Family - 3 Units Up/Down
Building Details
Year Built
1940
Listing Agency:
Lamacchia Realty, Inc.
(339) 645-9300
Listed By:
Eileen Doherty
(781) 760-8110
Source:
Lockandkeyre
Added: May 30
Changed: Oct 15
Last Checked: Oct 15 at 12:22AM
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 Lamacchia Realty, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property contains 2,808 square feet and was built in 1940. The office component includes a foyer with half bath, two office rooms, recessed lighting, a sink-equipped room, and a walkout basement suitable for additional storage or workspace. Two residential apartments complete the configuration. Both feature eat-in kitchens with granite countertops, stainless steel appliances, in-unit laundry, full bathrooms, and private decks. One apartment spans two floors with four bedrooms and a living room with fireplace; the other offers one bedroom and a large living room.
Positioned on a corner lot, the property provides parking for 12 vehicles, landscaped grounds, and a stone wall. The setting is across from a library, within the downtown area, near Horn Pond, and on a bus line. S-I zoning is also identified for the property.
Positioned on a corner lot, the property provides parking for 12 vehicles, landscaped grounds, and a stone wall. The setting is across from a library, within the downtown area, near Horn Pond, and on a bus line. S-I zoning is also identified for the property.
Key Highlights
- Three‑unit mixed‑use property with office space and 2 apartments
- 2,808 square feet on a corner lot
- On‑site parking for 12 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,099
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,781,980
$1.8M
Cap Rate 7%
$1,272,843
$1.3M
Cap Rate 9%
$989,989
$990.0K
Market Conditions
NOI Build-Up for 2,808 SF
Gross rent
$152.3K $54.24/SF
− Vacancy
−$33.5K −$11.93/SF
EGI
$118.8K $42.31/SF
− OpEx
−$29.7K −$10.58/SF
NOI
$89.1K $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%
$1,781,980
Cap Rate 7%
$1,272,843
Cap Rate 9%
$989,989
Alternative Uses
Best Use
Office B
$1.27M
$1.11M – $1.48M
NOI $89,099 @ 7.0% cap · market cap 7.27%
Second Best
Apartment 5plus
$798.1K
$698.4K – $931.2K
NOI $55,870 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,363 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
Explore this area
Business Placement
Demographics for 01801, MA
40,891
Population
16,982
Households
2.4
Avg Household Size
41
Median Age
47%
College-Educated
94%
High-School Grad
12.7 sq mi
ZIP Area
3,220
Density / Sq Mi
$107,754
Median Household Income
$60,637
Median Earnings
$2,190
Median Rent
$641,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines professional office space with two apartments and dedicated on-site parking.
Where is this mixed-use property located?
The property is located at 52 Pleasant Street Woburn, MA.
What is the asking price?
The asking price for this property is $1,224,900.
What are key features of this property?
This property features: Three‑unit mixed‑use property with office space and 2 apartments; 2,808 square feet on a corner lot; On‑site parking for 12 vehicles
