
54 River St Billerica — Photo 1 of 42
Recent Drop: $20,000
$764,900
Investment Analysis — 54 River St
Billerica, MA 01821
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01821 carries an estimated $3,890/mo in gross rent — about a 3.70% cap rate and $28,336/yr in estimated NOI at the $764,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,303
Style
Single Family
Built
1961
Welcome home to this beautifully maintained Colonial offering 2,303 sq. ft. of comfortable living space on a picturesque 0.57-acre lot. Lovingly cared for by the same family for over 40 years, this cherished home has been the backdrop for countless memories and is now ready to begin its next chapter with new owners.Step inside to discover a warm and inviting floor plan featuring hardwood floors, a spacious living room, formal dining room, comfortable family room, two full bathrooms, and a well-maintained kitchen that provides the perfect opportunity to update and make it your own. The second floor offers four generously sized bedrooms, including a spacious primary bedroom with excellent closet space.The partially finished lower level adds approximately 435 sq. ft. of versatile living space, ideal for a home office, playroom, fitness room, media room, or hobby area.Energy-efficient solar panels help reduce utility costs, while the expansive private backyard provides the perfect setting for entertaining, gardening, outdoor recreation, or simply relaxing. With ample space, the property may also offer exciting future possibilities for an accessory dwelling unit (ADU), subject to buyer verification and local zoning requirements.Conveniently located near Billerica Memorial High School, Parker Elementary School, the Billerica Public Library, shopping, parks, and major commuter routes, this exceptional home offers the perfect combination of space, comfort, and location.First showings will be at the Open House this weekend—don't miss this opportunity to make this beloved home your own!
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 2,303 sq ft principal dwelling). Lot size: 24,999 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstCloset, Flooring - Hardwood, Lighting - Pendant
Kitchen
Lvl FirstCloset/Cabinets - Custom Built, Pantry
Family Room
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl SecondProperty History
$764,900
Was $784,900
Sep 9, 2026
MLS® 73558995
$784,900
Aug 5, 2026
MLS® 73558995
$799,900
Aug 4, 2026
MLS® 73506841
$799,900
Apr 24, 2026
MLS® 73506841
Listing Agent: Laxmi Khanal
Listing Office: StartPoint Realty
MLS® Number: 73558995