Active
46 Days on market
2 Lexington St Woburn — Photo 1 of 33

2 Lexington St Woburn — Photo 1 of 33

$949,900

Investment Analysis — 2 Lexington St

Woburn, MA 01801

Based on rent reported on the MLS listing, a 2-unit multi-family in 01801 carries $5,825/mo in gross rent — about a 4.97% cap rate and $47,189/yr in estimated NOI at the $949,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,399

Style

Multi Family

Built

1930

Open House Sat and Sunday! 22+23. Fully Leased – Investor Opportunity!Attention investors! Don't miss this unique 2,400 sq. ft. two-family home ideally located on the Winchester/Woburn line. This well-maintained, income-producing property is fully leased and offers strong rental appeal.The first-floor unit features 2 bedrooms, 2 full bathrooms, an eat-in kitchen, in-unit laundry, and access to a private rear porch and patio. The second-floor unit offers 2 bedrooms, 1 full bathroom, an open-concept kitchen, in-unit laundry, and a private back porch.The property also boasts an expansive driveway with ample off-street parking, accommodating significantly more vehicles than reflected in the public record.Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this versatile property presents an outstanding opportunity in a highly desirable location.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$949,900
Annual Taxes$5,935

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms8
FireplacesNone
FlooringWood
BasementFull, Partially Finished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR-1

Property & Lot

Acres0.2
SqFt Lot8,712
Lot FeaturesCorner Lot, Wooded

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Listing Provided By

Listing Agent: Adam Kotkin

Listing Office: Red Tree Real Estate

MLS® Number: 73556554