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7 Prospect St, Woburn, MA, 01801

6beds
7baths
4,314sqft
$1,199,900
$278price/sqft
$8,201/moest. monthly cost
$328,040/yrincome needed

About This Home

Great value, priced well below the appraised value! Once in a lifetime opportunity with this desirable mixed-use property offering five residential units coupled with a thriving business. Calling all dentists, medical professionals, convenience store owners, smoke shop, therapists, consultants, accountants, bookkeepers, Real Estate/ travel agents and any business owner. Seize the opportunity to elevate your business and to generate passive income in desirable Woburn! Four one-bedroom units, one two bedroom plus a store front currently used as a convenience store. Six total bedrooms and seven baths with parking for twelve. Located close to the bus line as well as shops & restaurants in Woburn Center. See attached floorplan and tour.

Getting Around

92
WalkingWalker's Paradise
28
TransitSome Transit
53
BikeBikeable

Schools

5/10
4/10
6/10
Woburn High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - Rooming House

Interior

Appliances

  • Appliances included: Range,ENERGY STAR Qualified Refrigerator,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 7

Features

  • Bathroom With Tub & Shower,Living Room,Kitchen
  • Window features: Insulated Windows
  • Flooring: Vinyl,Carpet,Hardwood
  • Finished area below ground: 500
  • Finished area above ground: 3,814

Interior Area

  • Total structure area: 4,314
  • Total interior livable area: 4,314 sqft

Property

Details

  • Parcel number: M:51 B:19 L:16 U:00,911592
  • Zoning: B-D

Lot

  • Lot size: 6,970 sqft

Parking

  • Total spaces: 11
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 11

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance *$275$3,300
Property Taxes $1,009$12,108
Electricity $850$10,208
Total$8,201$98,412
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$281,177/yr
40% on housing$246,030/yr
45% on housing$218,693/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$278This listing

vs Other Active Listings

Avg $/sqft

ZIP 01801$375
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 01801$401
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-03Listed for sale$1,199,900
2026-05-01Listing removed$1,199,900
2026-04-21Price change$1,199,900
2026-02-09Listed for sale$1,249,900
2026-01-01Listing removed$1,249,900
2025-11-20Price change$1,249,900
2025-11-06Listed for sale$1,299,900
2025-11-01Listing removed$1,299,900
2025-10-14Price change$1,299,900
2025-09-26Listed for sale$1,349,900
2025-09-07Contingent$1,349,900
2025-07-14Listed for sale$1,349,900
2025-07-01Listing removed$1,399,900
2025-05-31Listed for sale$1,399,900
2025-05-31Listing removed$1,399,000
2025-01-14Price change$1,399,000
2024-12-12Listed for sale$1,499,000
2024-12-01Listing removed$1,599,000
2024-08-21Listed for sale$1,599,000
2000-12-21Sold$295,000

For Sale by Agent

AgentPaul A. Conti
BrokeragePaul Conti Real Estate

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