171 Old Cambridge Rd, Woburn, MA 01801
171 Old Cambridge Rd, Woburn, MA 01801
171 Old Cambridge Rd, Woburn, MA 01801
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$3,000,000
Est. payment /mo
0.93 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73469266

HOA Y/N false

Year Built 1900

Annual Tax Amount $26,594

Tax Year 2026

Lot Size 0.930 Acres

Acres 0.93

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.

Location

State MA

County Middlesex

Zoning BH

Others

Senior Community false

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Listed by JMR Commercial RE Services

NEARBY SCHOOLS & PROPERTIES

BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

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171 Old Cambridge Rd