62 Willow Rd is a substantially renovated 4-unit multifamily property currently generating $8,650 per month in rental income, with one 2-bed unit scheduled to become vacant as of Aug 1st. The property features a desirable unit mix of (1)3-bedroom, (2)2-bed, and (1)1-bed units totaling approximately 3,200 sqft, providing flexibility for both investors and owner-occupants. Over $350k in capital improvements have been completed, including a new septic system, deck and stairway reconstruction, full unit renovations, heating upgrades, electrical updates, plumbing improvements, and foundation/exterior work. Separate utilities for each unit help minimize operating expenses and simplify management. The upcoming vacancy presents an opportunity to increase cash flow through a market-rate lease or occupy the unit while benefiting from income generated by the remaining apartments. With significant recent improvements, off-street parking, and strong rental demand in the area. OH 6/13 & 6/14 12-2pm
Features
8 bedrooms
4 bathrooms
directions_car6 carspaces
6 open car spaces
3202 sq. ft. floor area
crop_free12197 sq. ft. lot size
cottageOther
Property history for 62 Willow Road
2025
Sold
$340,000
21 Mar 2025
2014
Sold
$159,500
02 Jun 2014 by Jackie Esielionis, of Laer Realty Partners
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Local market activity for 8 bedroom other properties in Ayer
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