aisellshomes.space

$599,990

Active

22 Gilboa St

Douglas, MA, 01516

Multi-Family · MLS #73477532

Price/sqft

$286

Days on market

New today

Year built

1900

Lot size

0.11 ac

2,100 sq ft

Sq Ft

0.11 acres

Lot

1900

Year Built

Taxes: $4,563 (2024)

About this home

Great multi-family investment opportunity here at 22 Gilboa St in Douglas, MA featuring a 3-unit multi-family with a VACANT first floor 2-bedroom unit and the rest of the tenants on month-to-month lease agreements, offering immediate flexibility for rent adjustments or owner-occupancy strategies. The property includes 6 total bedrooms and 3 bathrooms and currently produces a strong $4,950 monthly rent roll. The building is in good overall condition, with a recently renovated Unit 1 and updates completed in Units 2 and 3, enhancing tenant appeal while still leaving room for value-add improvements. Off-street parking adds convenience, making this a straightforward, income-producing asset with both immediate cash flow and strategic upside.

Listed by Nicholas Redden · Byrnes Real Estate Group LLC

Schedule a showing

22 Gilboa St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$3,664 / month

Down payment20% · $119,998
Interest rate6.50%

Loan term

Principal & interest
$3,034
Property tax
$380
Home insurance
$250

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.