Great multi-family investment opportunity here at 22 Gilboa St in Douglas, MA featuring a 3-unit multi-family with the first floor 2-bedroom unit being delivered vacant at closing and the rest of the tenants on month-to-month lease agreements, offering immediate flexibility for rent adjustments or owner-occupancy strategies. The property includes 6 total bedrooms and 3 bathrooms and currently produces a strong $4,950 monthly rent roll. The building is in good overall condition, with a recently renovated Unit 1 and updates completed in Units 2 and 3, enhancing tenant appeal while still leaving room for value-add improvements. Off-street parking adds convenience, making this a straightforward, income-producing asset with both immediate cash flow and strategic upside.
Douglas is located in Massachusetts. Douglas, Massachusetts has a population of 8,975. Douglas is more family-centric than the surrounding county with 38.47% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Douglas, Massachusetts is $135,250. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in Douglas is 42.7 years.
The average high temperature in July is 81 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 49.3 inches per year, with 40.7 inches of snow per year.
