
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Main,First25 x 12
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup
Dining Room
Lvl Main,First13 x 12
Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Kitchen
Lvl Main,First16 x 11
Closet, Flooring - Laminate, Dining Area, Exterior Access, Lighting - Overhead
Master Bedroom
Lvl Second23 x 16
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second16 x 12
Bedroom 3
Lvl Second12 x 11
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 4
Lvl Main,First14 x 11
Closet, Flooring - Hardwood
Bathroom 1
Lvl Main,First8 x 7
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second8 x 8
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Listing Agent: Victoria Kustov
Listing Office: Elite Realty Experts, LLC
MLS® Number: 73574465
