9 Depot Street

Westford, MA 01886

$1,200,000
Price
10
Beds
7
Baths
1
1/2 Bath
4,474 Sq. Ft.
$268 / Sq. Ft.
4,474
Sq. Ft.
$268
per Sq. Ft.

Description

Investors take note! 7-Unit Residential Property. Here is a spectacular opportunity to own a large multi-unit complex with great income potential in the heart of the much-desired Westford township. Property consists of 7 separately metered units, a 3 bed/1.5 bath, 2 bed/1 bath, three 1 bed/1 baths, & two studio units. 2 FHW boilers were recently updated. Roof replaced 2023. Property also boasts a large Barn/Garage for additional storage, 2 driveways, & plenty of parking for tenants & guests as well...Investors take note! 7-Unit Residential Property. Here is a spectacular opportunity to own a large multi-unit complex with great income potential in the heart of the much-desired Westford township. Property consists of 7 separately metered units, a 3 bed/1.5 bath, 2 bed/1 bath, three 1 bed/1 baths, & two studio units. 2 FHW boilers were recently updated. Roof replaced 2023. Property also boasts a large Barn/Garage for additional storage, 2 driveways, & plenty of parking for tenants & guests as well as ample outdoor space. Located a short distance from historic Westford center & easy access to Interstate 495 tenants get the best of both worlds where they can enjoy local shops & restaurants as well as an easy commute to work. All units are occupied with a solid rental history so new owners will be able to see returns on their investment immediately. Don't miss your chance to see this one-of-a-kind property for yourself!
  1. Listed by Raymond Boutin • RE/MAX Innovative Properties

Property Details for 9 Depot Street

Town
Westford
Area
MA-Westford
Garage Spaces
2
Parking Spaces
15.00
Parking Spaces Total
17

Location

Listing Courtesy of RE/MAX Innovative Properties, Raymond Boutin
Add your commute
LISTING UPDATED: 04/24/2024 12:25 PM

Property Details for 9 Depot Street

StatusActive
MLS #73139604
Days on Market282
Taxes$13,712 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1870
CountyMiddlesex County

Location

Listing Courtesy of RE/MAX Innovative Properties, Raymond Boutin
Add your commute

Building Information for 9 Depot Street

Stories8Residences7Year Built1870Building Size-Lot Size1.33 AC / 57,935 SF

Payment Calculator

$7,692 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,143

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9 Depot Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, Public School
  • Living Area: 4474.0
  • SqFt with Basement: No
  • Total Units: 7
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Wps
  • High School: Whs
  • Middle School: Wps
Features
Interior Features
  • Appliances: Range, Refrigerator, Washer, Dryer, Dishwasher
  • Basement Features: Partial, Crawl, Unfinished Basement
  • Num of Baths: 8.0
  • Num of Full Baths: 7
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 7.50
  • Bathrooms Total Integer: 8
  • FireplaceFeatures: Wood Burning
  • FireplaceYN: Yes
  • Fireplaces: 2
  • Flooring: Varies, Wood, Carpet
  • Interior Features: Storage, Bathroom With Tub & Shower, Kitchen, Living RM/Dining RM Combo, Office/Den, Living Room, Dining Room
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Balcony/Deck, Varies per Unit
  • Exterior Features: Barn/Stable, Porch
  • Lot Description: Wooded, Level
  • Other Structures: Shed(s), Barn/Stable
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Off-Street, Common, Stone/Gravel, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Common, Stone/Gravel, Paved Driveway
  • Parking Features: Off-Street, Common, Stone/Gravel, Paved Driveway
Utilities
  • Electric: Circuit Breakers
  • Heating: Baseboard, Oil, Hot Water, Natural Gas
  • Heating: Yes
  • Sewer: Private Sewerage
  • Utility Connections: Varies per Unit
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Buyers/buyer agents to verify all information. There are two additional Studio Apartments leased at $650/mo.
Tax Information
  • Tax ID: 874044
  • Assessments: $929,000
  • Block: 0090
  • Book: 9005
  • Map: 0026
  • Tax Year: 2023
  • Zoning: RA
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 8
Other Building Characteristics
  • Foundation: Irregular
Income / Expenses
  • GOI: $87,600.00
  • Insurance: $3,052.00
  • GRE: $6,054
  • RFS: $1,301
  • NOI: $67,679.00
  • Operating Expense: $6,054.00
  • WSE: $1,701.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 2
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,200.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 1%

Property History for 9 Depot Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9 Depot Street

Taxable ValueLand$337,400Additions$647,100Total$984,500
Tax Record2024$13,557 ($1,130 / month)
Home Facts
Baths8Total Finished SqFt4,474 SqFtAbove Grade Finished SqFt4,474 SqFtUnfinished Basement SqFt2,396 SqFtStories2Lot Size57,935 SqFtStyleMulti-Family Res (5+ Units)Year Built1870ZoningRACountyMIDDLESEXAPNWFOR M:0026.0 P:0090 S:0000

Schools near 9 Depot Street

This home is within Westford School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Nabnasset
PublicPK to 2

Abbot Elementary School
Public3 to 5

Stony Brook School
Public6 to 8

Westford Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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9 Depot Street is a multi-family home for sale in Westford, MA 01886. This property was listed for sale on July 22, 2023 by RE/MAX Innovative Properties, it's currently listed at $1,200,000. It has been on the market for a total of 282 days and was last sold on January 16, 1998. This listing's school district is Westford School District. Nearby schools include Nabnasset, Abbot Elementary School and Stony Brook School. 9 Depot Street is a 10-bed, 7.5-bath, 4,474 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Innovative Properties, Raymond Boutin

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.