Cindy Pollard - Andrew Abu Inc Realtors Logo
$3,000,000
( $302.15Per Sq Foot )
 $16,105 est/mo Sourced by Back At You

317 Boston Rd,Billerica, MA 01862

Billerica, MA 01862

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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 been 10% monthly fees and 90% weekly fees. The property is in need of upgrades. A stabilized proforma at a 15% vacancy, may produce a potential NOI of $71,331 that includes a NNN lease payment to the real estate ownership of $250,000 annually.

Details

MLS #73469289
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1910
Days On Site259
Listing Provided ByJMR Commercial RE Services | J. Murray Regan

Features

SQ Feet9,929
ZoningGB
Acreage1.40

Taxes

Tax Annual Amount15430.85
Tax Block4
Tax Lot0
Tax Year2026
Tax Map Number41

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityBillerica
Zip Code01862
AreaNorth Billerica
Listing VS Median (in 01862)
Price:
$3,000,000
low | high
Med:
$614,950
100% of Average
sqft:
9,929
low | high
Med:
1,656
100% of Average
$ / sqft:
$302
low | high
Med:
$376
25.630879871503% of Average
On site:
259
low | high
Med:
53.5
100% of Average
Sourced by Back At You

Market Activity 01862

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Contact

Learn More About This Property

Cindy Pollard

Cindy Pollard

Andrew Abu Inc

109727 (508) 797-2195cindy@andrewabu.com
StateMA
CountyMiddlesex
CityBillerica
Zip Code01862
AreaNorth Billerica
Listing VS Median (in 01862)
Price:
$3,000,000
low | high
Med:
$614,950
100% of Average
sqft:
9,929
low | high
Med:
1,656
100% of Average
$ / sqft:
$302
low | high
Med:
$376
25.630879871503% of Average
On site:
259
low | high
Med:
53.5
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 7:58:37 AM PDT