
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl First13 x 27
Ceiling Fan(s), Flooring - Hardwood
Dining Room
Lvl First12 x 13
Ceiling Fan(s), Flooring - Hardwood
Kitchen
Lvl First16 x 16
Flooring - Stone/Ceramic Tile, Kitchen Island, Dryer Hookup - Electric, Washer Hookup, Window Seat
Family Room
Lvl Second11 x 13
Flooring - Hardwood
Primary Bedroom
Lvl First10 x 15
Ceiling Fan(s), Flooring - Hardwood
Bedroom 2
Lvl First13 x 15
Bedroom 3
Lvl Second13 x 16
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 4
Lvl Second10 x 12
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 5
Lvl Second9 x 13
Ceiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl First5 x 7
Bathroom 2
Lvl First5 x 13
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second5 x 7
Bathroom - 3/4, Bathroom - With Shower Stall, Pedestal Sink
Listing Agent: Cory Gracie
Listing Office: LAER Realty Partners
MLS® Number: 73567952