156 Main St Douglas — Photo 1 of 35
Recent Drop: $20,000
$329,900
Investment Analysis — 156 Main St
Douglas, MA 01516
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01516 carries an estimated $2,660/mo in gross rent — about a 5.94% cap rate and $19,588/yr in estimated NOI at the $329,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,735
Style
Single Family
Built
1780
Charming antique colonial has been in the family for multiple generations and is ready for someone to do the repairs needed to make all the distinctive features shine. You'll appreciate the beautiful built-in bookcases, cabinets, and period wood trim detail as you tour the home, along with the original hardwood floors throughout (most protected by carpeting). Updated kitchen with center island, formal dining rm & living rm, separate entrance home ofc. with vaulted ceiling & large main bedroom with 3/4 bath & laundry complete the first floor. Second floor has 2 bedrooms & bath with classic soaking tub. Expandable, walk-in attic storage from bath. Wooded backyard and wrap around porch screened in along the side for pleasant afternoon reading. Convenient location close to downtown, schools, and commuter routes. This property will need a cash or rehab loan and will be a wonderful place to call home with plenty of space; 1735 s.f. for all your living needs. Updates include new oil tank, electric panel, and boiler under 10 years old. Investor or renovation opportunity with value added potential. Welcome home!
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: 868 sq ft (the lesser of 900 sq ft or half the 1,735 sq ft principal dwelling). Lot size: 21,466 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
Range • Dishwasher • Refrigerator
Neighborhood
Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Flooring - Wall to Wall Carpet
Dining Room
Lvl FirstFlooring - Hardwood, Deck - Exterior, Exterior Access
Kitchen
Lvl FirstFlooring - Vinyl, Kitchen Island
Office
Lvl FirstSkylight, Ceiling - Vaulted, Flooring - Wall to Wall Carpet, Exterior Access
Master Bedroom
Lvl FirstCloset, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - With Shower Stall, Flooring - Hardwood
Bathroom 2
Lvl SecondBathroom - With Tub, Attic Access
Property History
$329,900
Was $349,900
Sep 8, 2026
MLS® 73568265
$349,900
Aug 26, 2026
MLS® 73568265
Listing Agent: Jeanne Mchale
Listing Office: REMAX Executive Realty
MLS® Number: 73568265