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15 Marrett Rd Burlington — Photo 1 of 34

15 Marrett Rd Burlington — Photo 1 of 34

$750,000

Investment Analysis — 15 Marrett Rd

Burlington, MA 01803

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01803 carries an estimated $4,580/mo in gross rent — about a 4.63% cap rate and $34,707/yr in estimated NOI at the $750,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1.5

SqFt

1,778

Style

Single Family

Built

1973

Some properties are meant to be admired as they are. Others offer the rare opportunity to become exactly what a buyer envisions. Presenting an exceptional opportunity at 15 Marrett Rd in Burlington - set on a generous half-acre lot in a desirable Burlington location, this spacious 4-bedroom home offers approximately 1,778 sq. ft. of living space, a versatile floor plan, and plenty of potential for its next owner. The main level features a spacious fireplaced living room, dining room, eat-in kitchen, half bath, and convenient first-floor bedroom. Upstairs, you'll find a front-to-back primary bedroom with direct access to the full bath, plus two additional generously sized bedrooms. The unfinished basement features high ceilings and offers potential for additional living, recreation, or storage space. While the property would benefit from updates and improvements, it represents a rare opportunity for buyers seeking to build equity through thoughtful renovations in a sought-after location. Whether you are a homeowner looking to customize a property to your individual taste, a contractor searching for your next project, or an investor seeking value in a desirable community, this home offers significant potential. Several major exterior improvements have already been completed, including siding (2018), roof (2018), and windows (2018), along with a welcoming farmer's porch (2002). The expansive lot with two storage sheds provides plenty of outdoor space and possibilities. Ideally located within Burlington, the property offers convenient access to shopping, dining, parks, many local amenities, and major commuting routes. Bring your ideas and make this Burlington home your 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: 889 sq ft (the lesser of 900 sq ft or half the 1,778 sq ft principal dwelling). Lot size: 23,483 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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Property Details

Financials

Original Price$750,000
Annual Taxes$7,063

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms7
Fireplaces1
FlooringTile, Concrete, Laminate, Hardwood
BasementFull, Interior Entry, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRO

Property & Lot

Acres0.54
SqFt Lot23,483
Lot FeaturesEasements, Cleared, Gentle Sloping, Sloped

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
Main,First
Living RoomDining RoomKitchenBedroom 4Bathroom 1
Living Room
Lvl Main,First

25 x 12

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup

Dining Room
Lvl Main,First

13 x 12

Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead

Kitchen
Lvl Main,First

16 x 11

Closet, Flooring - Laminate, Dining Area, Exterior Access, Lighting - Overhead

Master Bedroom
Lvl Second

23 x 16

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

16 x 12

Bedroom 3
Lvl Second

12 x 11

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 4
Lvl Main,First

14 x 11

Closet, Flooring - Hardwood

Bathroom 1
Lvl Main,First

8 x 7

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

8 x 8

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Victoria Kustov

Listing Office: Elite Realty Experts, LLC

MLS® Number: 73574465