Active
42 Days on market
131 Boston #11&12 Billerica — Photo 1 of 16

131 Boston #11&12 Billerica — Photo 1 of 16

$475,000

Investment Analysis — 131 Boston #11&12

Billerica, MA 01862

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a home in 01862 carries an estimated $1,700/mo in gross rent — about a 1.89% cap rate and $8,992/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

--

SqFt

1,651

Style

Other

Built

1985

Welcome to 131 Boston Road, Units 11 & 12, a rare opportunity to own two premier end-unit commercial condominiums in the highly sought-after Tanden Plaza South. Positioned on Boston Road (Route 3A), one of Billerica's busiest and most established commercial corridors, this property offers exceptional visibility, strong daily traffic counts, prominent signage opportunities, and outstanding accessibility just minutes from I-495, Route 3, and the surrounding Merrimack Valley. Ideal for owner-users, investors, or entrepreneurs, the property features two versatile commercial units with two private restrooms, ample on-site parking, and flexible layouts suitable for a wide variety of retail, office, medical, professional, or service-oriented businesses. The property is currently home to a well-established and successful hair salon, while the adjoining space operates as a retail beauty supply store specializing in wigs, hair extensions, and related beauty products. Continue the existing business model, generate rental income, occupy one space while leasing the other, or bring your own vision to this highly visible location. The established hair salon business is also available for purchase in conjunction with the real estate, offering a true turnkey opportunity for the right buyer. Surrounded by a growing business community and strong consumer demand, this is an exceptional opportunity to own a high-exposure commercial asset in one of Billerica's most desirable retail locations.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$475,000
Annual Taxes$6,512

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
RoofRubber
Foundation--
Zoning4

Property & Lot

Acres--
SqFt Lot--
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Geography

Listing Provided By

Listing Agent: Shailyn Harrington

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73557854