For sale by owner
    • $1,389,000

    21-27 Gay St, North Chelmsford, MA 01863

    12beds
    4,900sqft
    : 
    MultiFamily
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $283/sqft
    $-- HOA

    What's special

    Individual heating systemsNew blindsRefinished hardwood floorsNest thermostatsUpdated appliancesFresh paintPrivate basement access
    Opportunity Knocks in North Chelmsford! Rarely available and truly unique, this cash flowing 4-family townhouse-style property offers an incredible opportunity for investors or owner-occupants. Perfect for a 1031 exchange or for those looking to live in one unit and rent out the other three, this property combines character, convenience, and strong rental income potential. Each spacious unit includes: 3 bedrooms, kitchen, living room, and den/dining area Private basement access and walk-up attic Individual heating systems (1 brand new gas tankless, 3 newer high-efficiency oil tanks) Fresh paint, refinished hardwood floors, new blinds, and updated appliances Nest thermostats, updated electrical and plumbing systems Many improvements completed since 2020 Additional features include off-street parking for 10 cars, a 2-car garage, and separately metered utilities. Located just minutes from the Merrimack River, Lowell, Route 3, and I-495, in the heart of the charming North Chelmsford village. Also ideal for future condo conversion (buyer to verify). Virtual video walkthroughs available for all units Financial breakdown and all costs can be shared over Zillow as well Strong rental income history – contact for details Important Notes: Do not call the number listed — phone calls will not be returned (Please message on Zillow for more details and how to see virtual videos) Do not reach out as an agent to list apartment on behalf of the owner (owner is not interested) All showings require proof of funds or pre-approval
    What the owner loves about this home
    This has been an amazing property to own — it’s rare to find a 4-family townhouse-style home in North Chelmsford that actually cash flows in today’s market. Each unit is spacious with 3 bedrooms, its own basement and attic access, and separate heating systems, which makes it super easy to manage and ideal for long-term tenants. Since purchasing, we've made a lot of upgrades: refinished hardwood floors, fresh paint, new blinds and appliances, Nest thermostats, and major improvements to the electrical and plumbing. One unit has a brand new gas tankless system, and the others have newer high-efficiency oil tanks. The property also has great off-street parking (10 cars + a 2-car garage), which tenants really appreciate. Whether you’re looking to live in one unit and rent out the rest, or add a solid income property to your portfolio, this place offers long-term flexibility. Plus, the location is unbeatable—tucked into a quiet village setting but just minutes from major routes
    60 days
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