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You are here:
296 Days on Boston Pads
Price Reduced $200,000
42 Photos
$1,200,000
7 Unit
10 Beds
8 Baths
4474 SQFT
1.33 Acre
9 Depot St
Westford, MA 01886

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!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 7
  • Total Floors: 8
  • Total Bedrooms: 10
  • Total Full Baths: 7
  • Total Half Baths: 1
  • Total Fireplaces: 2
  • Amenities: Conservation Area, Highway Access, House of Worship, Park, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Crawl, Mixed, Partial, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Storage
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Common Heating: Active Solar, Electric Baseboard, Electric Baseboard, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators, Oil, Radiant

Financial

  • APOD Available: No
  • Gross Operating Income: 87600
  • Gross Expenses: 6054
  • Water/Sewer: 1701
  • INSC: 3052
  • RFS: 1301
  • Net Operating Income: 67679

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: On-Site, Private Sewerage

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1870
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Irregular
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73139604
  • Last Updated: 05/02/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
01/16/2024Active$1,200,000$268MLSPIN
01/12/2024Price Change$1,200,000$268MLSPIN
09/30/2023Active$1,300,000$291MLSPIN
09/26/2023Price Change$1,300,000$291MLSPIN
07/26/2023Active$1,400,000$313MLSPIN
07/22/2023New$1,400,000$313MLSPIN

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Map & Resources

Seller's Representative: Raymond Boutin, RE/MAX Innovative Properties
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2%
Facilitator Compensation: 1%
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-05-02 11:11:00