171 Old Cambridge Rd
Woburn, MA 01801

$3,000,000

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Listing Details

$3,000,000
MLS# 73469266
Type Commercial - Business
Status Active

0.927 acres
Lot Size
1900
Year Built

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Listed By

Agency Name: JMR Commercial RE Services
Agent Name: J. Murray Regan
Agency Phone: 617-851-3458

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

Home Value Estimate

Description

A 2 to 2.5-story wood frame, vinyl sided (former hospital), with a combination membrane and asphalt shingle roof, elevator access, full granite/brick wall foundation & concrete slab basement, built circa 1900, renovated over time. The property is a MASH certified as a 50-bed sober house under the 12-Step Education Program of NE. This investment offers tremendous upside, when stabilized at an 85% occupancy. Rents were increased as of Oct 2025 to $310/week for singles, $235/week for shared rooms, $1,250/month for singles & $1,000 for shared rooms (all include food). to date, the mix has historically been 10% monthly fees & 90% weekly fees....read more

Features

$26,594 Taxes
Built in 1900

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