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144 Baldwin St Leicester — Photo 1 of 40

144 Baldwin St Leicester — Photo 1 of 40

$579,900

Investment Analysis — 144 Baldwin St

Leicester, MA 01524

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01524 carries an estimated $2,040/mo in gross rent — about a 2.28% cap rate and $13,224/yr in estimated NOI at the $579,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,813

Style

Single Family

Built

1988

Welcome to your own private oasis! This beautifully maintained and updated three bedroom one-level home offers a unique, inviting design with distinctive angles, cathedral ceilings, abundant natural light, and an exceptional open-concept flow. The cozy front living room features a stunning two-sided center fireplace with pellet stove insert, flowing seamlessly into the dining area with access to the covered back deck and private yard. The bright gorgeous kitchen (redone in 2020) features shaker cabinetry with crown moulding to the ceiling, quartz countertops, subway tile backsplash, stainless appliances, and a unique work nook overlooking the backyard. New wide plank ash flooring graces the main living areas and continues into the bedrooms. The spacious primary suite boasts a cathedral ceiling and a luxurious private bath with walk-in shower, corner Jacuzzi tub, and walk-in closet. Two additional bedrooms and a recently upgraded full bathroom complete this level. The walk-out basement offers a finished room currently used as a gym and laundry, with abundant additional space for storage or future finishing. Major updates include roof (2010), Marvin windows (2013), furnace and hot water tank (2018), mini-split and portable generator with generator inlet (2020), paved driveway (2024), and BRAND NEW SEPTIC. Other bonuses include a reverse osmosis water system, a one-car garage with generous storage for all your exterior maintenance equipment, and a fenced area in the expansive yard for pets or play. Located in desirable southern Leicester near Stiles Reservoir, the Charlton line, and under 15 minutes to the Mass Pike. Priced well below a recent appraisal value of $595,000 done this June! A truly special home that feels like a vacation retreat!

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 1,813 sq ft principal dwelling). Lot size: 36,238 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.

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Open Houses

Property Details

Financials

Original Price$579,900
Annual Taxes$5,381

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Hardwood, Flooring - Wall to Wall Carpet
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete

Climate & Utilities

HeatingBaseboard, Oil
CoolingDuctless
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSA

Property & Lot

Acres0.83
SqFt Lot36,238
Lot FeaturesGentle Sloping

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Water Treatment

Neighborhood

Public Transportation • Park • Medical Facility • Conservation Area • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Main,First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl Main,First

20 x 17

Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box

Dining Room
Lvl Main,First

20 x 14.166666666

Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Exterior Access, Slider, Lighting - Overhead

Kitchen
Lvl Main,First

8.833333333 x 4.916666666

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Recessed Lighting, Remodeled, Stainless Steel Appliances

Master Bedroom
Lvl Main,First

15 x 17

Bathroom - Full, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead

Bedroom 2
Lvl Main,First

13.333333333 x 12.75

Bedroom 3
Lvl Main,First

12.166666666 x 11.25

Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bathroom 1
Lvl Main,First

5.75 x 7.583333333

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

Bathroom 2
Lvl Main,First

5.166666666 x 14.416666666

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Recessed Lighting, Lighting - Overhead

Listing Provided By

Listing Agent: Jill Bailey

Listing Office: Redfin Corp.

MLS® Number: 73572886