Address
9 Depot St, Westford, MA
Price
$ 1,200,000
Property Attributes
- MLS#73139604
- TypeMulti-Family
- CountyMIDDLESEX
- CityWestford
- Zip01886
- Style5+ Family - 5+ Units Up/Down
- Year Built1870
- Taxes$ 13712
- Price$ 1,200,000
- Bedrooms10
- Full Bathrooms7
- Half Bathrooms1
- Sqr Footage4474
- Lot Size1.33 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
INVESTORS TAKE NOTE! 7-Unit Residential Property. Here is a spectacular opportunity to own a large multi-unit complex with great income potential in the heart of the much-desired Westford township. Property consists of 7 separately metered units, a 3 bed/1.5 bath, 2 bed/1 bath, three 1 bed/1 baths, & two studio units. 2 FHW boilers were recently updated. Roof replaced 2023. Property also boasts a large Barn/Garage for additional storage, 2 driveways, & plenty of parking for tenants & guests as well as ample outdoor space. Located a short distance from historic Westford center & easy access to Interstate 495 tenants get the best of both worlds where they can enjoy local shops & restaurants as well as an easy commute to work. All units are occupied with a solid rental history so new owners will be able to see returns on their investment immediately. Don't miss your chance to see this one-of-a-kind property for yourself!
| Elementary School | Middle School | High School |
|---|---|---|
| WPS Elementary School | Wps Middle School | WHS High School |
| Price History | |
|---|---|
| 7/23/2023 | Listed $1,400,000 |
| 9/26/2023 | 8% - $1,300,000 |
| 1/12/2024 | 8% - $1,200,000 |
General Features
| Interior Features | Storage,Bathroom With Tub & Shower,Kitchen,Living RM/Dining RM Combo,Office/Den,Living Room,Dining Room |
|---|---|
| Sewer | Private Sewer |
| Heating | Baseboard,Oil,Hot Water,Natural Gas |
| Utilities | Varies per Unit |
| Roof | Shingle |
| Appliances | Range,Refrigerator,Washer,Dryer,Dishwasher |
| Exterior Features | Balcony/Deck,Varies per Unit |
| Zoning | RA |
| Garage Spaces | 2 |
| Patio/Porch Features | Porch |
| Construction Materials | Frame |
| Year Built | 1870 |
| Electric | Circuit Breakers |
| Property SubType | 5+ Family - 5+ Units Up/Down |
| Tax Year | 2023 |
| Gross Income | 87600 |
| Community Features | Public Transportation,Shopping,Park,Walk/Jog Trails,Conservation Area,Highway Access,House of Worship,Public School |
| County | Middlesex |
| Net Operating Income | 67679 |
| Operating Expense | 6054 |
| Insurance Expense | 3052 |
| Property Type | Residential Income |
| Garage Y/N | Yes |
| Other Structures | Shed(s),Barn/Stable |
| Rent Includes | Unit 1(Water),Unit 2(Water),Unit 3(Water),Unit 4(Water) |
| Total Rooms | 27 |
| Status | Active |
| Directions | Int 495 (ex 83) > Boston Rd > Main St > Depot St |
| High School | Whs |
| City | Westford |
| Disclosures | Buyers/buyer agents to verify all information. There are two additional Studio Apartments leased at $650/mo. |
| Senior Community Y/N | No |
| Total Units | 7 |
| Lot Size Square Feet | 57935 |
| Waterfront Y/N | No |
| Street Name | Depot St |
| Elementary School | Wps |
| Year Built Details | Actual |
| Tax Annual Amount | 13712 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Wps |
| Water Sewer Expense | 1701 |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 929000 |
| Total Actual Rent | 7200 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Partial,Crawl Space,Unfinished |
|---|---|
| Flooring | Varies,Wood,Carpet |
| Total Fireplaces | 2 |
| Fireplace Features | Wood Burning |
| Total Stories | 8 |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Full Baths | 7 |
| Half Baths | 1 |
| Total Bedrooms | 10 |
| Total Baths | 8 |
Exterior Features
| Parking Features | Off Street,Common,Stone/Gravel,Paved |
|---|---|
| Lot Features | Wooded,Level |
| Water Source | Public |
| Total Parking | 15 |
| Lot Size Area | 1.33 |
| Foundation Details | Irregular |
| Spa | No |
| Building Area Total | 4474 |
| Lot Size Acres | 1.33 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Covered Spaces | 2 |
| Road Frontage Type | Public |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 01886
Price
Taxes
Visits
Year Built
Walkscore
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
