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INVESTMENT SNAPSHOT
About this property
Great multi-family investment opportunity here at 22 Gilboa St in Douglas, MA featuring a 3-unit multi-family with a VACANT first floor 2-bedroom unit 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.
Property details
| Units | 3 |
| Living area | 2,100 sqft |
| Lot size | 4,782 sqft |
| Year built | 1900 |
| Price / sqft | $280 |
| County | Worcester |
| MLS # | 73477532 |
Listing status
| Days on market | 100 days |
| Listed on | February 16, 2026 |
Taxes & financials
| Annual property tax | $4,563 |
| Tax year | 2024 |
| Assessed value | $346,500 |
| Zoning | VR |
| Gross income (actual) | $59,400/yr |
| Net operating income (actual) | $59,400/yr |
| Total actual rent | $4,950/mo |
Building & lot
| Stories | 4 |
| Total rooms | 15 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive, Off Street, Paved |
| Foundation | Stone |
Utilities & systems
| Heating | Oil |
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Douglas →
Listing courtesy of Byrnes Real Estate Group LLC — Nicholas Redden. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 22 Gilboa St, Douglas MA 01516 have?
It is a 3-unit multi-family property with 2,100 sqft of living area, built in 1900.
How long has 22 Gilboa St, Douglas MA 01516 been on the market?
22 Gilboa St, Douglas MA 01516 has been listed for 100 days (since February 16, 2026).
What is the price per unit?
At a list price of $589,000 across 3 units, that works out to roughly $196,333 per unit.
What are the property taxes on 22 Gilboa St, Douglas MA 01516?
Annual property taxes are $4,563 (2024), on an assessed value of $346,500.
What is the price per square foot?
At $589,000 for 2,100 sqft, that's about $280 per square foot.
Is there parking?
6 total parking spaces (paved drive, off street, paved).
Where is this property located?
22 Gilboa St, Douglas MA 01516 is in Douglas, Worcester County, MA 01516.