3 Family - 3 Units Up/Down at 22 Gilboa St, Douglas MA 01516
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$549,990

22 Gilboa St, Douglas MA 01516
Douglas, MA 01516
Listed by Nicholas Redden
Bedrooms
6
Bathrooms
3
Living area
2,100 sqft
Year built
1900

About this home

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

MLS
MLS Property Information Network
MLS #
73477532
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
247
On market date
February 16, 2026
Stories
4
Total bathrooms
3
Garage spaces
N/A
Parking spaces
6
Lot size
0.11 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Douglas Primary School
0.49 mi away · Grades -1-1
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
198
Student:teacher ratio
15.2:1
District
Douglas
Middle
Douglas Middle School
0.6 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
274
Student:teacher ratio
12.5:1
District
Douglas
High
Douglas High School
0.94 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
336
Student:teacher ratio
9.9:1
District
Douglas

Walkability

Blended score for Douglas's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

32
Car-dependent
out of 100
EPA National Walkability Index
5.5 / 20 -- Least walkable
Google Places amenity density
38 / 100
Restaurants & cafes9
Grocery stores0
Parks0
Schools6
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Douglas, from live MLS data.

On the market 247 days -- 152 more days than Douglas's current average of 95 days.
For reference, the median list price across 61 active listings in Douglas right now is $570,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,462/mo
$109,998 down
$439,992 loan
Principal & interest$2,854
Property tax (est.)$458
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 13, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.