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$1,200,000   Price Analysis
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9 Depot St
Westford, MA 01886
10 bed 8 bath 4,474 SqFt ($268/SqFt)
1.33 acre lot. Built 1870
Listed 2023-07-23, Taxes $13,712
May be USDA loan restricted due to income limits
near Westford

INVESTORS TAKE NOTE!

7-Unit Residential Property. Here is a spectacular opportunity to own a large multi-unit complex with fantastic income po tential 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 and two studio units. 2 FHW boilers were recently updated. Roof replaced 2023. Property also boasts a large Barn/Garage for additional storage, 2 driveways and plenty of parking for tenants and guests as well as ample outdoor space.

Located a short distnce 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. OPEN HOUSE with accompanied showings on 7/25 & 7/26 5:30-7:30 pm.


Presented by Raymond Boutin at
RE/MAX Innovative Properties.
Listing Agent Photo

Property MLS #73139604 from MLSPIN

Bedrooms: 10

Total Rooms: 27
Basement Description: Partial, Crawl Space, Unfinished

Total Bathrooms: 7.5
Full Bathrooms: 7
1/2 Bathrooms: 1

Storage
Bathroom With Tub & Shower
Kitchen
Living RM/Dining RM Combo
Office/Den
Living Room
Dining Room
Flooring: Varies, Wood, Carpet

Range
Refrigerator
Washer
Dryer
Dishwasher

Fireplace Features: Wood Burning
Heating Features: Baseboard, Oil, Hot Water, Natural Gas
Heating: Yes
Number of Fireplaces: 2

Balcony/Deck
Varies per Unit
Other Structures: Shed(s), Barn/Stable
Patio And Porch Features: Porch
Road Frontage Type: Public
Road Surface Type: Paved

Covered Spaces: 2
Garage Spaces: 2
Open Parking: Yes
Parking Features: Off Street, Common, Stone/Gravel, Paved
Parking Total: 15

Lot Description: Wooded, Level
Lot Size Acres: 1.33
Lot Size Square Feet: 57935

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Wps
High School: Whs
Middle School: Wps

Abbot Elementary School is a public elementary school located approximately 0.2 miles away.
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Westford Academy is a public high school located approximately 1.6 miles away.
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Stony Brook School is a public middle school located approximately 1.9 miles away.
directions icon Map directions

Nashoba Learning Group is a private elementary, middle and high school located approximately 1.7 miles away.
directions icon Map directions

Gross Income: 87600
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Number of Units: 7

Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, Public School

Annual Tax Amount: 13712
Tax Block: 0090
Source Listing Status: Active
County: Middlesex
Directions: Int 495 (ex 83) > Boston Rd > Main St > Depot St
Tax Year: 2023
Source Property Type: Residential Income
Insurance Expense: 3052
Parcel Number: 874044
Postal Code Plus 4: 2602
Zoning: RA
Property Subtype: 5+ Family - 5+ Units Up/Down
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$607,700 + $321,300
$929,000
$13,712
2021$469,300 + $284,700
$754,000
$12,547
2021$605,700 + $284,700
$890,400
$12,547
2020$464,200 + $284,700
$748,900
$12,230
2019$300,100 + $310,900
$611,000
$10,118
2018$292,100 + $300,900
$593,000
$9,595
2016$205,800 + $287,500
$493,300
$8,041
2015$205,800 + $277,400
$483,200
$7,847
2014$202,400 + $268,200
$470,600
$7,812
2006$309,600 + $278,100
$587,700
$7,593
2005$282,300 + $244,300
$526,600
$7,204
2004$226,900 + $231,600
$458,500
$6,419
2003$226,900 + $210,000
$436,900
$6,339

Price Changed 2024-01-12
$1,200,000
MLSPIN
Price Changed 2023-09-26
$1,300,000
MLSPIN
Listed 2023-07-23
$1,400,000
MLSPIN
Sold 1998-01-16
$125,000
Public Record

Net Operating Income: 67679
Operating Expense: 6054

Electric: Circuit Breakers
Sewer: Private Sewer
Varies per Unit
Water Sewer Expense: 1701
Water Source: Public

Year Built: 1870
Building Area Total: 4474
Building Area Units: Square Feet
Construction Materials: Frame
Foundation Details: Irregular
Property Age: 154
Roof: Shingle
Levels or Stories: 8
Year Built Details: Actual
Year Built Source: Public Records
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.