4 Amherst St Billerica — Photo 1 of 24
$750,000
Investment Analysis — 4 Amherst St
Billerica, MA 01862 — North Billerica
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01862 carries an estimated $2,960/mo in gross rent — about a 2.56% cap rate and $19,180/yr in estimated NOI at the $750,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,851
Style
Single Family
Built
1967
Welcome to your riverside retreat! This turnkey home boasts plenty of space to enjoy. On the upper level you have an open floorplan with the living room and kitchen to entertain guests and a dedicated dining room for sit-down meals. The main bedroom includes a walk-in closet, and the new washer and dryer are in the hall for easy access. The lower level has three additional spaces that can be used as bedrooms, offices, workout areas, or gathering spaces. Moving outside, you have a heated sun room and more outer deck space from which to enjoy trees and view the Concord River. A large enclosed yard is perfect for privacy for cookouts and space for pets to roam. Two sheds round out the outdoor work/storage space. Also, there is a bonus enclosed storage room under the house. Imagine sipping tea on the deck, hopping into a kayak off the dock, living the landscaping dream on the large lot, or just relaxing in the central AC. Plus, the commuter rail and highway can get you around quickly.
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 1,851 sq ft principal dwelling). Lot size: 56,171 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 • Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15.2 x 11.7
Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
Dining Room
Lvl First12.2 x 11.3
Ceiling Fan(s), Flooring - Hardwood, Recessed Lighting
Kitchen
Lvl First18.4 x 9.2
Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Recessed Lighting, Lighting - Pendant
Office
Lvl Basement10.8 x 8.9
Flooring - Vinyl, Lighting - Overhead
Primary Bedroom
Lvl First18.5 x 11.5
Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Basement11.2 x 17.4
Bedroom 3
Lvl Basement22.3 x 11
Fireplace, Flooring - Vinyl, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom 2
Lvl BasementListing Agent: Boris Yelin
Listing Office: eXp Realty
MLS® Number: 73552468