317 Boston Road Billerica MA 01862
317 Boston Road Billerica MA 01862
317 Boston Road Billerica MA 01862
317 Boston Road Billerica MA 01862
317 Boston Road Billerica MA 01862
317 Boston Road Billerica MA 01862
317 Boston Road Billerica MA 01862
317 Boston Road Billerica MA 01862
317 Boston Road Billerica MA 01862

Listing Tools

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.

Property Details of 317 Boston Road, North Billerica

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Listed by J. Murray Regan, JMR Commercial RE Services

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