
15-17 Pleasant St Lunenburg — Photo 1 of 19
Recent Drop: $30,000
$519,000
Investment Analysis — 15-17 Pleasant St
Lunenburg, MA 01462
Based on rent reported on the MLS listing, a 4-bedroom in 01462 carries $1,700/mo in gross rent — about a 1.58% cap rate and $8,190/yr in estimated NOI at the $519,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,394
Style
Single Family
Built
1850
BACK ON THE MARKET!! PRICED TO SELL!! This unique commercial/residentially zoned property has TWO HOMES on it which offers exceptional flexibility for owner-occupants, investors, multi-generational living, rental income, or business use. The main 2-bedroom Cape features hardwood floors, a versatile floor plan with first-floor office/bedroom, full bath, full kitchen, dining room, and laundry. There are two spacious bedrooms upstairs. The separate 2-bedroom Accessory Dwelling Unit includes an eat-in kitchen, front-to-back living room, full bath, and first level laundry room. Set on a picturesque half-acre lot with separate parking areas, a shared yard, and a tranquil creek, all just minutes from shopping, dining, medical facilities, and Route 2. A truly rare opportunity with endless potential! (Some photos have been enhanced with AI)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,394 sq ft principal dwelling). Lot size: 24,829 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Gas Water Heater • Tankless Water Heater • Range • Dishwasher • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Laundromat
Geography
Property History
$519,000
Was $549,000
Sep 18, 2026
MLS® 73542190
$549,000
Jun 26, 2026
MLS® 73542190
Listing Agent: Keith Manning
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73542190