Woburn, MA 🏘️  Multifamily Value Add Opportunity! 🚨

This classic 3-unit multi-family property offers great income potential, featuring two tenant-occupied units on month-to-month leases ($1,600 +) and a vacant third unit ready for your customization, featuring foam insulation and studded walls. Centrally located near vibrant shops, restaurants, and dining, this property offers lifestyle convenience. Built in 1890, the home requires some exterior maintenance, including siding and roof repairs, presenting a great opportunity to add value in this high-demand area, making it a smart investment choice!

🌟Property Details🌟

Unit count: 3

Two 2 beds / 1 baths & | One 2 beds / 1 baths

Square Footage: 1,830 sqft

Year Built: 1890

Parking: Off street, 7 total spots!

🌟Property Overview🌟

The property features city water and sewer, off-street parking for up to seven vehicles, and a spacious unfinished basement for storage. Recent updates include rebuilt decks, a new fence installed this summer, and updated water heaters. Property needs cosmetic work done. 

Asking Price: $609,900

ARV: $700,000 +

Click HERE for ➡️ PHOTOS!

SOLD COMPS

31 Park St, Woburn, MA 01801- Sold on 04/16/2024 for $705,000 (Updated)

5 beds/2 bath, 1,816 sqft

10 Campbell St, Woburn, MA 01801- Sold on  01/26/2024 for $875,000 (Updated)

 6 beds/4 bath, 3,001 sqft

2 Spring St, Woburn, MA 01801- Sold on  01/04/2024 for $800,000 (Updated)

 4 beds/3 bath, 2,806 sqft

PLEASE CALL TO SCHEDULE SHOWINGS

BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.

● Buyer pays ALL closing costs●

Get in touch with us NOW! 

All financial projections and estimates are based on our own analysis and opinion. Please do not show up to the property unannounced. NOT FOR PUBLIC DISTRIBUTION. PRIVATE COMMUNICATION ONLY. If you are a real estate agent and have a potential buyer lined up for the property, please add your commission or fee on top. Thank you!

NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER. 

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