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10 Days on market
572 Main St Sturbridge — Photo 1 of 41

572 Main St Sturbridge — Photo 1 of 41

$650,000

Investment Analysis — 572 Main St

Sturbridge, MA 01518

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01518 carries an estimated $1,530/mo in gross rent — about a 0.97% cap rate and $6,322/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

--

SqFt

8,616

Style

Other

Built

1880

Here is your chance to own the Historic Blackington Building located in the charming town of Sturbridge, MA. The building contains 8,618 square feet, zoned CTD for commercial. The property is located right on Route 20 in a busy area of Sturbridge surrounded by retail stores, markets, breweries, restaurants and other business locations. Three tenants currently occupy the property. A dry sprinkler system has been installed in the building with yearly inspections. A 2.5 acre piece of land is included which provides ample parking for tenants, clients and customers. Plans were drawn up for a +50 parking spaces lot. Plenty of opportunity for future expansion or redevelopment and strong rental income and investment returns. Owner had approval and plans for development of loft style apartments on the second floor at one time. Construction to add a lift to the property can be seen in some of the photos.

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 MLS and other third-party data may be inaccurate or out of date.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$650,000
Annual Taxes$7,632

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
Roof--
Foundation--
ZoningCTD

Property & Lot

Acres0.25
SqFt Lot10,890
Lot Features--

Geography

Listing Provided By

Listing Agent: Melissa Hilli

Listing Office: Aucoin Ryan Realty

MLS® Number: 73571560