Sold for $880,000

$880,000

38-40 Talbot Ave, North Billerica, MA 01862

7beds

3,085sqft

3 Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$285/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

Owner options

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$4,461/mo

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What's special

Updated bathBright efficient layout

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!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Natural Gas

Cooling

None

Appliances

Included: Range, Refrigerator

Features

Living Room, Kitchen, Dining Room, Office/Den
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 3,085
Total interior livable area: 3,085 sqft
Finished area above ground: 3,085

Property

Parking

Total spaces: 6
Parking features: Paved Drive
Uncovered spaces: 6

Lot

Size: 0.31 Acres
Features: Level

Details

Parcel number: 366315
Zoning: 105

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Foundation: Stone, Brick/Mortar
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Park, Highway Access, House of Worship, Public School, T-Station

Location

Region: North Billerica

Financial & listing details

Price per square foot: $285/sqft
Tax assessed value: $664,100
Annual tax amount: $7,614
Date on market: 1/13/2026
Total actual rent: 6800
Road surface type: Paved

Price history

Date	Event	Price
12/30/2025	Sold	$880,000-2.1%$285/sqft
Source: MLS PIN #73456520 Report a problem
11/29/2025	Contingent	$899,000$291/sqft
Source: MLS PIN #73456520 Report a problem
11/20/2025	Listed for sale	$899,000$291/sqft
Source: MLS PIN #73456520 Report a problem