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155 Concord St Ashland — Photo 1 of 12

155 Concord St Ashland — Photo 1 of 12

$375,000

Investment Analysis — 155 Concord St

Ashland, MA 01721

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01721 carries an estimated $3,270/mo in gross rent — about a 6.13% cap rate and $22,992/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,476

Style

Single Family

Built

1945

Attention Contractors/builders and renovators, this may be the opportunity you have been waiting, Spacious 1945 built ranch/ cottage with 1476 SF of living area in need of substantial renovation on a 1-acre lot. Located within walking distance to downtown Ashland. The home is not habitable in its current condition. Fireplace living room with sliders to a rear deck overlooking the private yard. With vision and lots of work, this home could shine once again and be a great fall project. Property cannot be connected to public sewer, and Title V is buyer responsibility. Heating system is newer and electric on circuit breakers

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: 738 sq ft (the lesser of 900 sq ft or half the 1,476 sq ft principal dwelling). Lot size: 43,504 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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$375,000
Annual Taxes$6,830

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms5
Fireplaces1
FlooringWood, Carpet, Hardwood
BasementWalk-Out Access, Unfinished

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRes B

Property & Lot

Acres1
SqFt Lot43,504
Lot FeaturesGentle Sloping

Amenities & Appliances

Water Heater

Neighborhood

Public Transportation • Medical Facility • Highway Access • Public School • T-Station

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl First

Flooring - Wood, Slider

Dining Room
Lvl First

Flooring - Wood

Kitchen
Lvl First

Dining Area, Slider

Master Bedroom
Lvl First

Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First
Bathroom 1
Lvl First

Bathroom - Full

Listing Provided By

Listing Agent: Stephen O Loughlin

Listing Office: Realty Executives

MLS® Number: 73570438