55 Franklin St West Boylston — Photo 1 of 14
$399,900
Investment Analysis — 55 Franklin St
West Boylston, MA 01583
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01583 carries an estimated $2,380/mo in gross rent — about a 4.07% cap rate and $16,259/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,482
Style
Single Family
Built
1945
Don’t miss this amazing opportunity to own a single-family home in West Boylston! Loads of Charm and Character! Featuring 3 bedrooms, bath, and a one-car garage. The Country Kitchen is equipped with appliances including a new stove. This home has an open floor plan with a Breakfast Bar, large living room, and a built-in China Hutch. The Den with fireplace opens up to the heated Sunroom, and large deck. Perfect for entertaining and gatherings. Located in a prime commuter area on .53-acre lot with an Inground pool! Enjoy the amenities that West Boylston has to offer: Wachusett reservoir, Rail Trail, Wachusett CC, Wachusett Mountain, Rte. 12 Restaurant Row and Walking distance to West Boylston schools! This home has a recent Roof, Heating system and Hot water tank. With some cosmetic updates, you can transform this home and build instant equity. Perfect for an investor or a homeowner looking to create value and make it their 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: 741 sq ft (the lesser of 900 sq ft or half the 1,482 sq ft principal dwelling). Lot size: 22,500 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
Water Heater • Range • Oven • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCloset/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Archway
Dining Room
Lvl FirstFlooring - Wall to Wall Carpet
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Country Kitchen
Family Room
Lvl Main,FirstFlooring - Wall to Wall Carpet
Primary Bedroom
Lvl FirstFlooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstFlooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - With Tub & Shower
Listing Agent: Maryann Schelin
Listing Office: RE/MAX Vision
MLS® Number: 73561296