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Listed price in listed location currency (USD).
$3,000,000

000

MLS® 73469289

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 9929 sqft
Garage 
Taxes $15,431
Days Active 105
Lot Size 
Approx. Age 1910
Avg. Price Per Sqft $302
MLS® Number 73469289

Property Address: 317 Boston Rd, North Billerica, MA, 01862-2622

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number73469289
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 16, 2026List Date
$3,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
317 Boston Rd, North Billerica, MA

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