$499,900
Total Beds: 6 Total Baths: 2
Total Units: 2 SQFT: 2112
LOT size: 0.43 Acres
61-63 Billerica Avenue
Billerica, MA 01862

Property Description

Don't miss this rare opportunity for a smart investor or owner occupant to purchase a nice piece of property in Billerica. This well cared for property has been recently renovated with new windows, plumbing, electrical, refinished hardwood floors, interior paint, and more! Both units offer a large and fully appliance eat in kitchen, living room, 3 bedrooms, a full bath and a front porch. The full basement offers plenty of storage and the laundry area. The large and partially fenced lot offers plenty of play area and parking. The utilities are separated including the common areas. This property is conveniently located near the North Billerica T station and route 495. The property is connected to town water and sewer and natural gas. The first floor unit will be delivered vacant. The 2nd floor tenant would like to stay. Lead paint certificate of compliance is pending. Schedule your showing today!

Property Details

Building Information

  • Total Units: 2
  • Total Rent: 3800
  • Total Floors: 3
  • Levels: 2
  • Total Rooms: 10
  • RMS: 10
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Amenities: Highway Access, Public Transportation, T-Station
  • Basement Features: Full, Interior Access, Sump Pump
  • Common Rooms: Laundry

Financial

  • APOD Available: No
  • Expenses Source: Estimated, Owner Provided
  • Expenses Year End: 12/19
  • Gross Operating Income: 45600
  • Gross Expenses: 2494
  • Water/Sewer: 474
  • INSC: 1720
  • Repairs & Maintenance: 500
  • Miscellaneous Expense: 300
  • Net Operating Income: 20306

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Electric Info: 200 Amps, Circuit Breakers, Common, Individually Metered, Other (See Remarks), Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Dryer, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Rent: 1900
  • Included in Rent: Water
  • Under Lease: No
  • Rooms: 5
  • Floors: 1
  • Bedrooms: 3
  • Full Baths: 1
  • Other Rooms: Kitchen, Living Room
  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Features: Hardwood Floors, Stone/Ceramic Tile Floor
  • Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Levels: 1

Unit 2 Description

  • Rent: 1900
  • Included in Rent: Other (See Remarks), Water
  • Under Lease: No
  • Rooms: 5
  • Floors: 2
  • Bedrooms: 3
  • Full Baths: 1
  • Other Rooms: Kitchen, Living Room
  • Appliances: Dishwasher, Range, Refrigerator
  • Interior Features: Bathroom With Tub & Shower, Hardwood Floors, Stone/Ceramic Tile Floor
  • Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Levels: 1

Construction

  • Year Built: 1923
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile, Vinyl / VTC
  • Lead Paint: Certified Treated
  • Year Round: Yes

Other Information

  • MLS ID# 72619729
  • Last Updated: 03/28/20
  • Terms: Contract for Deed, Rent w/Option

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