- 12 beds
- 4 baths
- 4,800 sqft
- 10,001 sqft lot
- $197 per sqft
- 1937 build
- – on site
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RARE Multi-Family Investment Opportunity in Saugus – FOUR Townhouse Units on One Parcel. This rare investment property offers four spacious townhouse-style units, each with 3 bedrooms and 1 bathroom, spanning approximately 1,200 sq ft per unit, for a total of 4,800 sq ft of living space on a 10,000 sq ft lot. Each unit features hardwood floors, a bonus room on the upper level, and separate utilities. Tenants enjoy private rear decks, ample green space, and dedicated off-street parking.Currently fully occupied (Tenants at Will), this property presents significant potential to increase cash flow by adjusting rents to current market rates.Ideally located with convenient access to highways and a short commute to Boston, this property is perfect for investors or owner-occupants looking to live in one unit while generating income from the others.
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Last updated Jun 12, 2025
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MLS# 73380408 —
The Building
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Year Built:1937
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Year Built Details:Approximate
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Year Built Source:Owner
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Construction Materials:Frame
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Basement:Walk-Out Access
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Foundation Area:99999
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Foundation Details:Concrete Perimeter
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Patio And Porch Features:Porch
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Levels:8
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Stories Total:8
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Stories:8
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# of Units Total:4
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Building Area Total:4800
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Building Area Units:Square Feet
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Building Area Source:Owner
Interior
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Rooms Total:24
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Interior Features:Ceiling Fan(s)
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Flooring:Tile
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Fireplace:false
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Laundry Features:Gas Dryer Hookup
Room Dimensions
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Living Area:4800
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Living Area Source:Owner
Financial & Terms
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Rent Includes:Unit 1(Water)
Location
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Directions:Essex Street to Maple
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Latitude:42.451143
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Longitude:-71.014534
The Property
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Parcel Number:M:005E B:0005 L:0006,2152233
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Property Type:Residential Income
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Property Subtype:4 Family - 4 Units Side by Side
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Lot Features:Level
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Lot Size Units:Acres
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Lot Size Area:0.23
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Lot Size SqFt:10001
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Lot Size Acres:0.23
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Zoning:NA
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Fencing:Fenced
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Waterview:No
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Exclusions:Tenants Personal Property
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Waterfront:false
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Farm Land Area Units:Square Feet
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Road Frontage Type:Public
Listing Agent
- Contact info:
- Office phone:
- (857) 991-1225
Taxes
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Tax Year:2025
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Tax Annual Amount:12334
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Tax Assessed Value:1154900
Beds
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Bedrooms Total:12
Baths
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Total Baths:4
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Total Baths:4
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Full Baths:4
The Listing
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Home Warranty:false
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Sub Agency Relationship Offered:No
Heating & Cooling
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Heating:Oil
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Heating:true
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Cooling:Window Unit(s)
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Cooling:true
Utilities
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Utilities:for Gas Range
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Electric:100 Amp Service
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Range
The Community
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Senior Community:false
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Community Features:Public Transportation
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Spa:false
Parking
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Garage:false
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Parking Total:10
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Parking Features:Paved Drive
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/11/25
Jun 11, 2025
|
Sold | MLSPIN | $950,000 | 10.6% |
5/29/25
May 29, 2025
|
Pending | MLSPIN | $859,000 | |
5/27/25
May 27, 2025
|
Listed / Active | MLSPIN | $859,000 |