- For Sale Contact for pricing
- Property Type Special Purpose
- Property Size 9,131 SF
- Lot Size 40,400 SF
- Zoning Business Highway
- Parking Spaces Avail. 16
- Parking Ratio 1.75 / 1,000 SF
- Building Class D
- Year Built 1900
- Date Updated Sep 9, 2025
- Construction Type wood frame
A 2 to 2½ story wood frame, vinyl sided structure (former hospital), with a combination rubber membrane and asphalt shingle roof, elevator access, a full granite/brick foundation walled and concrete slab basement, built circa 1900, renovated over time. The property is state certified as a 50-bed sober house under the 12-Step Education Program of New England. This investment offers tremendous upside, when stabilized at an 85% occupancy (currently at 73% annualized). Rents will be increased, as of October 2025, to $310 per week for singles, $235 per week for shared accommodations, $1,250 per month for singles and $1,000 for shared accommodations (includes food). To date, the mix has historically been 10% monthly fees and 90% weekly fees. The property is in need of an upgrade.
Stabilized Proforma - The property has 50 beds and a 9,131 sq ft gross building area. Gross scheduled income is $639,010 ($69.98/sq ft), including $6,250 from laundry ($125/bed/yr). After a 15% vacancy/collection loss ($95,852 or $10.50/sq ft), effective gross income is $543,159 ($59.49/sq ft). Expenses total $132,048 ($14.46/sq ft), or 24.31% of EGI, with key costs: admin $5,431.59 (1%), repairs $27,157.93 (5%), marketing $300 (0.06%), insurance $11,000 (2.03%), electricity $11,000 (2.03%), gas $1,891.08 (0.35%), oil $11,342.36 (2.09%), water/sewer $9,000 (1.66%), landscaping $500 (0.09%), snow plowing $1,500 (0.28%), trash $3,378.40 (0.62%), internet $3,300 (0.61%), food/household $11,800 (2.17%), payroll $30,000 (5.52%), licenses $794.33 (0.15%), and reserves $3,652.40 (0.67%). Net operating income is $411,110 ($45.02/sq ft), or 75.69% of EGI.
If you have any questions or would like to schedule a viewing, please call or send us an email.
Reach out to the broker for more info on lease terms and amenities
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Location
Getting Around
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Walk Score ®
58/100 Somewhat Walkable
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Transit Score ®
28/100 Some Transit
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Bike Score ®
41/100 Somewhat Bikeable
- City Woburn, MA
- Neighborhood Woburn
- Zip Code 01801
- Market Suburban Boston
Points of Interest
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Anderson RTC
3.85 miles
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Reading
5.25 miles
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Davis
5.74 miles
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Ball Square
5.87 miles
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Oak Grove
5.97 miles
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Waltham
7.08 miles
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Church Street - Johnston Gate
7.19 miles
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Church Street - West
7.20 miles
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Elevator to Harvard MBTA station
7.23 miles
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Brattle Square - Bus Tunnel
7.23 miles
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Gulf
0.10 miles
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McDermottroe Getty
0.22 miles
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ChargePoint
0.81 miles
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AL Prime
1.23 miles
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Speedway
1.38 miles
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King Petroleum
1.54 miles
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Mobil
1.58 miles
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Phillips 66
1.60 miles
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King
1.84 miles
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EVgo
1.94 miles
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YMCA Parking
0.44 miles
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Shaker Glen public parking
0.68 miles
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Mary Cummings Park
1.21 miles
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Blanchard Woods Parking
1.50 miles
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Reservoir Parking Lot
1.68 miles
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Lahey Hospital Parking Garage
1.68 miles
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Peterson School Parking
1.70 miles
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Walnut Street Lot
1.71 miles
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Valet Parking
1.73 miles
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Lahey Parking
1.75 miles
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Hyatt House Boston/Burlington
1.29 miles
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Sonesta ES Suites
1.66 miles
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Boston Marriott
1.67 miles
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Hilton Garden Inn
1.69 miles
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Residence Inn
1.92 miles
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Extended Stay America
2.23 miles
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Crowne Plaza Boston - Woburn
2.29 miles
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Sonesta Simply Suites Boston Burlington
2.45 miles
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Archer Hotel
2.62 miles
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Quality Inn & Suites
3.60 miles
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KFC
0.04 miles
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Taco Bell
0.04 miles
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Dunkin'
0.11 miles
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McDonald's
0.13 miles
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Ninety Nine Restaurant & Pub
0.18 miles
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Sogno
0.83 miles
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Krave Kitchen & Bar
0.93 miles
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Outback Steakhouse
1.17 miles
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Potbelly
1.32 miles
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The Treasury Indian & Greek Kitchen
1.33 miles
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Clyde Reeves Elementary School
0.35 miles
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Northeastern University, Burlington Campus
0.87 miles
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Vinson-Owen School
1.30 miles
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Daniel P. Hurld Elementary School
1.31 miles
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Saint Charles School
1.57 miles
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Lynch Elementary School
1.60 miles
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Harrington School
1.80 miles
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Howard F. Ambrose Elementary School
1.97 miles
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Hurld-Wyman School (new site)
2.01 miles
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Woburn Memorial High School
2.07 miles
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Primrose School
0.27 miles
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Launch & Learn EduCare Center
0.83 miles
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Woburn Creative Start
2.73 miles
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Creative Learning Academy
2.98 miles
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KinderCare
3.34 miles
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Bear Cub Mandarin Immersion Preschool Academy
3.35 miles
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Sunshine Nursery School
3.45 miles
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Elizabeth's Daycare and Preschool Center
3.59 miles
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Rogers-Pierce Children's Center
3.94 miles
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International School of Boston
4.01 miles
Frequently Asked Questions
The sale price for 171 Old Cambridge Rd is available upon request. Contact the listing broker for more information.
171 Old Cambridge Rd totals 9,131 square feet.
171 Old Cambridge Rd was built in 1900.
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