
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20 x 12
Flooring - Hardwood, Lighting - Sconce
Dining Room
Lvl First15 x 11
Flooring - Hardwood, Lighting - Overhead
Kitchen
Lvl First18 x 14
Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Kitchen Island, Recessed Lighting, Slider, Stainless Steel Appliances, Lighting - Overhead
Primary Bedroom
Lvl Second20 x 12
Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 2
Lvl Second15 x 13
Bedroom 3
Lvl Second14 x 11
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bathroom 1
Lvl First7 x 5
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second9 x 8
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Listing Agent: Team Lillian Montalto
Listing Office: Lillian Montalto Signature Properties
MLS® Number: 73557217