199 Main St Shrewsbury — Photo 1 of 41
$1,095,000
Investment Analysis — 199 Main St
Shrewsbury, MA 01545
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01545 carries an estimated $3,470/mo in gross rent — about a 2.06% cap rate and $22,563/yr in estimated NOI at the $1,095,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,403
Style
Single Family
Built
1977
Bring your vision to this Tudor style home! Situated on 1.58 acres, this home is on sale for the first time in 50 years. The home presents a prime opportunity for any investor or homeowner, with 125 feet of frontage on Shrewsbury's rapidly evolving Main Street commercial corridor. The existing 2 story residence, built in 1977, offers 2,438 square feet of finished living space across 3 bedrooms and 2 full baths. Including the garage and basement, the property delivers 4,068 square feet of total potential usable space. OPEN HOUSE Sat 8/29 at 11:00-1:00pm and Sun 8/30 at 2-4pm.
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 2,403 sq ft principal dwelling). Lot size: 68,825 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 MLS and other third-party data may be inaccurate or out of date.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 • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Medical Facility • Highway Access • Private School • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstOffice
Lvl SecondFamily Room
Lvl BasementPrimary Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondProperty History
$1,195,000
Aug 31, 2026
MLS® 73511930
$1,195,000
Aug 31, 2026
MLS® 73511933
$1,095,000
Aug 26, 2026
MLS® 73568619
$1,195,000
May 3, 2026
MLS® 73511930
$1,195,000
May 3, 2026
MLS® 73511933
Listing Agent: Scott Dennett
Listing Office: Keller Williams Pinnacle Central
MLS® Number: 73568619