About 171 Old Cambridge Rd
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.
Features of 171 Old Cambridge Rd
| MLS® # | 73469266 |
|---|---|
| Price | $3,000,000 |
| Acres | 0.93 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 171 Old Cambridge Rd |
|---|---|
| City | Woburn |
| County | Middlesex |
| State | MA |
| Zip Code | 01801 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Zoning | BH |
|---|
Listing Details
| Agent | J. Murray Regan |
|---|---|
| Office | JMR Commercial RE Services |