USAMANorth Billerica317 Boston Rd
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317 Boston Rd, North Billerica, MA

Real Estate

For Sale

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

000

MLS® 73469289

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 9929 sqft
Garage No
HOA Fees 
Taxes $15,431
Days Active 3
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
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1910
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

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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