Active
45 Days on market
234 Elm St Amesbury — Photo 1 of 30

234 Elm St Amesbury — Photo 1 of 30

$599,900

Investment Analysis — 234 Elm St

Amesbury, MA 01913

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01913 carries an estimated $3,080/mo in gross rent — about a 3.43% cap rate and $20,595/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,520

Style

Single Family

Built

1857

Original 1857 character meets thoughtful modern updates in this Amesbury Colonial on a corner lot. The three-season sunroom is a standout feature, offering a light-filled bonus space that extends the living area toward the yard. Wide-plank floors, period moldings, exposed beams, and built-ins showcase the home's historic charm. Recent renovations include custom barn-door closets and fresh finishes in the primary bedroom, along with updates to the first-floor full bath. The main level features a 12x20 living room, a separate 15x11 dining room, and a 18x14 kitchen. Upstairs are three bedrooms, including a spacious 20x12 primary bedroom. Natural gas forced-air heat, town water, and town sewer provide convenient utility services, while the above-ground heated pool adds a great outdoor feature for warmer months. Vinyl siding, an asphalt-shingle roof, a full basement, and a circular paved driveway with ample parking for up to four vehicles. Conveniently located near downtown Amesbury shopping, dining, and major commuter routes including I-495 and I-95.

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: 760 sq ft (the lesser of 900 sq ft or half the 1,520 sq ft principal dwelling). Lot size: 10,440 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.

Immersive Experience

Property Details

Financials

Original Price$599,900
Annual Taxes$7,495

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile, Carpet, Flooring - Hardwood
BasementFull, Interior Entry, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Brick/Mortar
ZoningR8

Property & Lot

Acres0.24
SqFt Lot10,440
Lot FeaturesCorner Lot

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

20 x 12

Flooring - Hardwood, Lighting - Sconce

Dining Room
Lvl First

15 x 11

Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl First

18 x 14

Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Kitchen Island, Recessed Lighting, Slider, Stainless Steel Appliances, Lighting - Overhead

Primary Bedroom
Lvl Second

20 x 12

Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 2
Lvl Second

15 x 13

Bedroom 3
Lvl Second

14 x 11

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bathroom 1
Lvl First

7 x 5

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

9 x 8

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce

Listing Provided By

Listing Agent: Team Lillian Montalto

Listing Office: Lillian Montalto Signature Properties

MLS® Number: 73557217