
171 Elm Blackstone — Photo 1 of 40
$599,900
Investment Analysis — 171 Elm
Blackstone, MA 01504 — East Blackstone
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01504 carries an estimated $3,080/mo in gross rent — about a 3.74% cap rate and $22,440/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,105
Style
Single Family
Built
1978
If you've been dreaming of a home that feels like a cozy Vermont getaway, you may have just found it! Tucked along one of Blackstone's picturesque winding country roads, this one-of-a-kind A-frame offers the feeling of a peaceful vacation retreat right here in Massachusetts. Set on nearly an acre of beautiful grounds surrounded by mature trees, the property enjoys a truly special setting along the Mill River. It's not every day you find a home where you can step outside, settle into an Adirondack chair and listen to the river flowing alongside your own property.Inside, unmistakable A-frame character blends beautifully with thoughtful updates and comfortable everyday living. The spacious living and dining area opens through sliders to an expansive deck spanning the width of the home, creating a wonderful extension of the living space and offering incredible views of the lush backyard, surrounding nature and winding river beyond. The kitchen features granite countertops, generous cabinetry and plenty of workspace, making it as functional as it is inviting.The home offers 3 bedrooms and 2 baths, with beautiful cathedral ceilings in the upstairs bedrooms adding to the architectural character. Downstairs, the finished walkout lower level provides even more living space. A cozy wood stove in the family room makes this the perfect place to settle in on a chilly New England evening, while the additional space offers flexibility for a home office, exercise area, hobbies or entertaining. Step outside to the oversized patio and enjoy yet another place to take in this incredible setting.Outdoors is where this property becomes truly special. Enjoy morning coffee on the deck, afternoons by the river and evenings gathered outside surrounded by nature. There's room to entertain, garden, unwind and experience the changing New England seasons right outside your door. A large storage shed provides plenty of space for outdoor equipment and all the extras.Rustic charm, modern updates, distinctive A-frame architecture and an idyllic riverfront setting come together to create a home unlike the typical property you'll find on the market. Here, home feels a little more like a getaway every day.
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: 553 sq ft (the lesser of 900 sq ft or half the 1,105 sq ft principal dwelling). Lot size: 39,340 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
Water Heater • Range • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Park • Walk/Jog Trails • Laundromat • Bike Path • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl BasementMaster Bedroom
Lvl FirstBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondListing Agent: Paula Sullivan
Listing Office: Century 21 Custom Home Realty
MLS® Number: 73567139
