38-40 Talbot Ave Billerica MA 01862 MLS #73456520

38-40 Talbot Ave
Billerica, MA, 01862
$899,000
7 Beds
3 Baths
3,085 SqFt
0.31 Acres
$899,000
38-40 Talbot Ave
Billerica, MA, 01862
Incredible opportunity to own a fully tenanted three family in a convenient Billerica location minutes to the MBTA Commuter Rail, major routes, and local amenities. With strong rental income and flexible tenant at will arrangements, this property is ideal for investors or future owner occupants. Unit 38A offers 2 bedrooms & an updated bath with a bright, efficient layout that appeals to long term renters. Unit 38B includes 2 bedrooms, 1 bath, and a finished third floor walk up attic currently used as a bedroom. Unit 40A, the largest, features 3 bedrooms and a walk-up attic with potential to finish. Current rents of $2,000, $2,100, and $2,700 generate a strong $81,600 in annual rental income. Whether you’re an investor looking to expand your portfolio or an owner occupant seeking rental income to offset costs, this is a rare and profitable find in a great Billerica location!

Property Details

Price:
$899,000
MLS #:
73456520
Status:
Pending
Beds:
7
Baths:
3
Address:
38-40 Talbot Ave
Type:
Multi Family
Subtype:
3 Family
City:
Billerica
Listed Date:
Nov 19, 2025
State:
MA
Finished Sq Ft:
3,085
Total Sq Ft:
3,085
ZIP:
01862
Lot Size:
13,504 sqft / 0.31 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
None
Heating
Forced Air, Natural Gas

Exterior

Community Features
Public Transportation, Park, Highway Access, House of Worship, Public School, T- Station
Parking Features
Paved Drive
Parking Spots
6
Roof
Shingle

Financial

Net Operating Income
$76,457
Tax Year
2025
Taxes
$7,615
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of Douglas Elliman Real Estate. 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.
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38-40 Talbot Ave
Billerica, MA