MLS#73469266
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
A 2 to 2.5-story wood frame, vinyl sided (former hospital), with a combination membrane and asphalt shingle roof, elevator access, full granite/brick wall foundation & concrete slab basement, built circa 1900, renovated over time. The property is a MASH certified as a 50-bed sober house under the 12-Step Education Program of NE. This investment offers tremendous upside, when stabilized at an 85% occupancy. Rents were increased as of Oct 2025 to $310/week for singles, $235/week for shared rooms, $1,250/month for singles & $1,000 for shared rooms (all include food). to date, the mix has historically been 10% monthly fees & 90% weekly fees. A stabilized proforma at a 15% vacancy, may produce a potential NOI of $65,,567 that includes a NNN lease payment to the real estate ownership of $235,000 annually.
Property Features
Property Type: Commercial - Business
Lot Size: 0.93 Acres
Taxes: $26,594
Year Built: 1900
Feature Descriptions
Business Type: Commercial
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 186
Parcel Number: Map 64 Block 8 Lot 16,913577
Rental Term: Monthly
Listed By / Shown By
Listed By
Agency Name: JMR Commercial RE Services
Agent Name: J. Murray Regan
Agency Phone: 617-851-3458
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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171 Old Cambridge Rd | MLS# 73469266
This commercial property located at 171 Old Cambridge Rd, Woburn, MA 01801 is currently listed for sale with an asking price of $3,000,000. Search Woburn real estate on www.masiellogrouprealestate.com today.