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18 Days on market
54 S Main Street Ashburnham — Photo 1 of 18

54 S Main Street Ashburnham — Photo 1 of 18

$499,000

Investment Analysis — 54 S Main Street

Ashburnham, MA 01430 — South Ashburnham

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 5-bedroom in 01430 carries an estimated $3,950/mo in gross rent — about a 6.15% cap rate and $30,711/yr in estimated NOI at the $499,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2.5

SqFt

2,622

Style

Single Family

Built

1880

Antique charm meets exceptional versatility in this spacious Colonial offering 2,622’ of living area on 1.2 acres with town water and sewer. The extremely flexible floor plan provides the potential for 5–6 bedrooms, including one or more bedrooms on the first floor. The living room has a fireplace, while the dining room showcases a built-in corner china cupboards and hardwood flooring that add to the home's timeless character. The first floor includes a fully applianced kitchen with tile flooring and center island, a convenient mudroom off the kitchen and access to a large back deck overlooking the private backyard. A full bathroom with tiled walk-in shower and a convenient half bathroom complete the first floor. At the heart of the second floor is a centrally located family room and den surrounded by several bedrooms and a bathroom with shower stall. Adding even more versatility is a second-floor kitchenette area along with access to a second staircase connecting the first and second floors. A walk-up third floor is partially finished and provides additional space for storage or future expansion. A standout feature of this property is the attached two-story garage/barn, ideal for a workshop, office, studio, storage or other creative uses. Outside, there is plenty of parking and ample room for gardens, recreation and outdoor activities. With town water and sewer, the property may also present an opportunity for a future ADU. Conveniently located near schools, a playground and Routes 101 & 140.

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 2,622 sq ft principal dwelling). Lot size: 52,272 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

Original Price$499,000
Annual Taxes$5,313

Parking

Garage2
Off-Street5

Interior Specifications

Total Rooms12
Fireplaces1
FlooringTile, Hardwood, Flooring - Hardwood
BasementPartial, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingSteam, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber, Metal
FoundationStone
ZoningRA

Property & Lot

Acres1.2
SqFt Lot52,272
Lot FeaturesLevel

Amenities & Appliances

Electric Water Heater • Range • Oven • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Medical Facility • House of Worship • Private School • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Family RoomBedroom 3Bedroom 4Bedroom 5Bathroom 3
First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

13 x 27

Ceiling Fan(s), Flooring - Hardwood

Dining Room
Lvl First

12 x 13

Ceiling Fan(s), Flooring - Hardwood

Kitchen
Lvl First

16 x 16

Flooring - Stone/Ceramic Tile, Kitchen Island, Dryer Hookup - Electric, Washer Hookup, Window Seat

Family Room
Lvl Second

11 x 13

Flooring - Hardwood

Primary Bedroom
Lvl First

10 x 15

Ceiling Fan(s), Flooring - Hardwood

Bedroom 2
Lvl First

13 x 15

Bedroom 3
Lvl Second

13 x 16

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

10 x 12

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 5
Lvl Second

9 x 13

Ceiling Fan(s), Closet, Flooring - Hardwood

Bathroom 1
Lvl First

5 x 7

Bathroom 2
Lvl First

5 x 13

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

5 x 7

Bathroom - 3/4, Bathroom - With Shower Stall, Pedestal Sink

Listing Provided By

Listing Agent: Cory Gracie

Listing Office: LAER Realty Partners

MLS® Number: 73567952