74 Main St Blackstone — Photo 1 of 3
$299,000
Investment Analysis — 74 Main St
Blackstone, MA 01504
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01504 carries an estimated $2,160/mo in gross rent — about a 5.91% cap rate and $17,685/yr in estimated NOI at the $299,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1.5
SqFt
3,280
Style
Single Family
Built
1929
Beautiful historic red brick church with strong adaptive-reuse potential. Structurally sound with running water, electricity, a functional kitchen and bathroom, and a solid foundation and framing. Insulation is needed. Potential for conversion to a single-family or multi-family residence. Sold as-is. 0.14 acres (6,098 sq. ft.) with a 2-car parking area added two years ago by cutting the curb. The original structure had no designated parking.
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 3,280 sq ft principal dwelling). Lot size: 6,098 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 MLS and other third-party data may be inaccurate or out of date.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 • Water Heater
Geography
Listing Agent: Paul Johnson
Listing Office: Paul J. Johnson
MLS® Number: 73576159