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317 Boston Road, North BillericaBillerica, MA 01862Price: $3,000,000

  • Price: $3,000,000
  • 33 Days on Market
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Federal 30-year interest rate: 6.09% last updated on Feb 12, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $3,000,000List Price
  • 1.4Acreage
  • 9,929Square Feet

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Listed by J. Murray Regan of JMR Commercial RE Services
A 2 to 2.5-story wood frame, vinyl sided, former nursing home, Victorian-style structure, with a combination of slate and asphalt shingle roof, 100% sprinklered, a full granite/brick walled foundation & concrete slab basement, built circa 1910, renovated over time. The property is a MASH certified 53-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 October 2025, to $310/week for singles, $235/week for shared rooms, $1,250/month for singles & $1,000/month for shared rooms, which includes food. To date, the mix has historically been 10% monthly fees and 90% weekly fees. The property is in need of upgrades. A stabilized proforma at a 15% vacancy, may produce a potential NOI of $71,331 that includes a NNN lease payment to the real estate ownership of $250,000 annually.

Property Details of 317 Boston Road, North Billerica

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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