317 Boston Rd
Billerica, MA 01862

$3,000,000

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Listing Details

$3,000,000
MLS# 73469289
Type Commercial - Business
Status Active

9,929
Square Feet
1.400 acres
Lot Size
1910
Year Built

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Listed By

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

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 nursing home, Victorian-style structure, with a combination of slate and asphalt shingle roof, 100% sprinklered, a full granite/brick walled foundation & concrete slab basement, built circa 1910, renovated over time. The property is a MASH certified 53-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 October 2025, to $310/week for singles, $235/week for shared rooms, $1,250/month for singles & $1,000/month for shared rooms, which includes food. To date, the mix has historically...read more

Features

$15,430 Taxes
Built in 1910

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