23 Pinehurst Ave Billerica — Photo 1 of 34
$849,999
Investment Analysis — 23 Pinehurst Ave
Billerica, MA 01821
Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 01821 carries an estimated $5,580/mo in gross rent — about a 5.16% cap rate and $43,883/yr in estimated NOI at the $849,999 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,856
Style
Multi Family
Built
1940
Welcome to 23 Pinehurst Ave, Billerica, MA! Excellent location! Situated near the Burlington line, this property is located in a desirable neighborhood with convenient access to surrounding communities, shopping, dining, major roads, and everyday amenities. Presenting a distinctive multi-family property originally built in 1940, offering approximately 1,856 sq. ft. of living space on a 5,001 sq. ft. lot. This two-story property features 4 bedrooms and 2 full bathrooms, providing a versatile layout for both comfortable living and investment potential.The property offers an excellent owner-occupant opportunity—live in one unit while generating rental income from the other, helping offset your monthly expenses and build long-term equity.Recent Updates Include: New roof , Basement windows , Gas heating system — 2024, Unit 2 freshly painted, New vinyl flooring in Unit#2, New dishwasher and microwave, Updated kitchen cabinets, Quartz countertops. The property offers two separate driveways, with access from both Pinehurst Avenue and Glenside Avenue, providing convenient parking and easy access from either street. Whether you're looking for a property to make your dream home or an investment opportunity with rental income potential, 23 Pinehurst Ave offers flexibility, recent improvements, and plenty of possibilities.Don't miss your opportunity to become the proud owner of this beautiful Billerica multi-family property! Schedule your private showing today.
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.
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Listing Agent: Zahidul Islam
Listing Office: Cameron Prestige, LLC
MLS® Number: 73581560