Sold
38-40 Talbot Ave, Billerica, MA
Billerica · MA 01862
- $880,000
- Price
- 7
- Beds
- 3
- Baths
- 3085
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
3 Units
Lot size:
0.31 Acre Lot
Price per square foot:
$291 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
Incredible opportunity to own a fully tenanted three family in a convenient Billerica location minutes to the MBTA Commuter Rail, major routes, and local amenities. With strong rental income and flexible tenant at will arrangements, this property is ideal for investors or future owner occupants. Unit 38A offers 2 bedrooms & an updated bath with a bright, efficient layout that appeals to long term renters. Unit 38B includes 2 bedrooms, 1 bath, and a finished third floor walk up attic currently used as a bedroom. Unit 40A, the largest, features 3 bedrooms and a walk-up attic with potential to finish. Current rents of $2,000, $2,100, and $2,700 generate a strong $81,600 in annual rental income. Whether you?re an investor looking to expand your portfolio or an owner occupant seeking rental income to offset costs, this is a rare and profitable find in a great Billerica location!
Neighborhood & Transit
38-40 Talbot Ave, Billerica · MA 01862
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
North Billerica Commuter Rail 1 route 0.48 mi
- Lowell Line
Price Insight
- Days on Market:
- 302 days
- Listing Price:
- $899,000
- Price per Sq.Ft:
- $291
- Tax Assessment:
- $664,100 in 2025
- Taxes:
- $635 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 3,085 Sq.Ft
- Broker Disclosure about Living Area
- 3rd floor walk up in Unit 38B is finished living space (not included in sqft)
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3085
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 13,504 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 6 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- The Sarkis Team
- Listing office
- Douglas Elliman Real Estate - The Sarkis Team
- MLS PIN #
- 73456520
- Disclosure
- Property being sold AS IS. Buyer & buyer agent to do due diligence. Sellers/seller agent not responsible for discrepancies. Tenants all TAW. Tenants pay for all utilities except water & sewer. Lead Certificate from 1977 attached. Unit 40 not photographed
- Disclosure
- 3rd floor walk up in Unit 38B is finished living space (not included in sqft)