29 Gorham St Chelmsford — Photo 1 of 34
$699,900
Investment Analysis — 29 Gorham St
Chelmsford, MA 01824
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01824 carries an estimated $3,840/mo in gross rent — about a 3.79% cap rate and $26,539/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,623
Style
Single Family
Built
1900
BACK AND FILLED WITH UPDATES!! {#1} The previous 4 Lots have now been combined (see attached for recorded doc) into 1 single lot, spanning a whopping 31,000 Sq.Ft.+ {#2} ADU Plans underway as well as Garage plans (also see attached for *Proposed* Plans - nothing yet finalized; can be modified; on Buyer to proceed with at Buyer's choice of ADU/Garage plans). {#3} BRAND NEW ROOF JUST COMPLETED AUGUST 2026 (Must see new Drone photos). Roof work cost was $35K (invoice available); fully permitted; "Before" Drone photos available at request for comparison. {#4} The property still needs your renovation to fully come to life, so bring your contractors. PHENOMENAL OPPORTUNITY FOR DEVELOPERS/FLIPPERS, HOMEOWNERS READY FOR SOME WORK ON THEIR DREAM HOME, AND BUY-AND-HOLD INVESTORS ALIKE. Video and 3D Tour available upon request. Easy to show, but come check us out at our first Open House this Saturday, 09/05, from 11am-1pm. OFFERS DUE BY: THURSDAY, 09/10/2026, BY 5PM.
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 2,623 sq ft principal dwelling). Lot size: 31,387 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 • Disposal • Refrigerator • Freezer • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Property History
$699,900
Aug 31, 2026
MLS® 73570075
$699,900
Jul 31, 2026
MLS® 73512902
$699,900
May 5, 2026
MLS® 73512902
$699,900
Mar 31, 2026
MLS® 73440267
$699,900
Oct 6, 2025
MLS® 73440267
$675,000
Jan 31, 2025
MLS® 73301444
$675,000
Oct 10, 2024
MLS® 73301444
Listing Agent: The Lindersimao Sales Solutions Team
Listing Office: Prestige Property Solutions, Inc.
MLS® Number: 73570075