38-40 Talbot Ave, Billerica MA 01862

Billerica, MA 01862
$899,000
Est. $5,380/month
7
Beds
3
Baths
3,085
Sq Ft
$291
Price/Sq Ft
0.31
Acres
1900
Year Built
10
Days on Market
Pending Listed Nov 20, 2025 • MLS# 73456520 Copied!

About this home

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!

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Living Area
3,085 sq ft
Total Rooms
14
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,085 sq ft
Lot Size 0.31 acres
Bedrooms 7
Full Baths 3
Total Rooms 14

Interior

Heating Forced Air, Natural Gas
Cooling None
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement Unfinished
Laundry None
Features Living Room, Kitchen, Dining Room, Office/den

Exterior

Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,615
Assessed Value $664,100

Interior Features

Flooring:
Appliances: Range, Refrigerator
Interior Features: Living Room, Kitchen, Dining Room, Office/Den
Windows:
Basement: Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: None
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive

Location

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Neighborhood

38-40 Talbot Ave, Billerica MA 01862

Billerica, MA 01862

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $635
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Nov 20, 2025
$899,000
Original listing
Agent: The Sarkis Team Office: Douglas Elliman Real Estate - The Sarkis Team

Price & Status History

Date Event Price Change
Nov 20, 2025 New Listing Added $899,000

Market Statistics

Days on Market
10 days
Price per Sq Ft
$291

Tax History

Year Taxes Assessment
2025 $7,615 $664,100

Financial Details

Annual Property Tax
$7,615
Tax Year 2025
Assessed Value
$664,100

Listing Information

Listing Agent The Sarkis Team
Listing Office Douglas Elliman Real Estate - The Sarkis Team
Agent MLS ID TM328399
Office MLS ID AN8041
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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