249 Granite St Leominster — Photo 1 of 2
$350,000
Investment Analysis — 249 Granite St
Leominster, MA 01453
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01453 carries an estimated $2,790/mo in gross rent — about a 5.25% cap rate and $18,358/yr in estimated NOI at the $350,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,678
Style
Single Family
Built
1984
Attention Contractors, flippers, and Investors! Great opportunity to build some sweat equity. Single Family with 1678 SQFT and 4 Bed 2 Bath. Endless possibilities. This is a property with a TON of potential. SOLD AS IS! Public Disclosures: Seller is under contract to purchase the property, and buyer understands that seller's obligations to sell the property are contingent upon the seller acquiring title to the property pursuant to that agreement. Seller and seller’s reps. hold a real estate broker or agent license.
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: 839 sq ft (the lesser of 900 sq ft or half the 1,678 sq ft principal dwelling). Lot size: 30,267 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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Sabrina Zyla
Listing Office: All Inclusive Realty, LLC
MLS® Number: 73565924