24 Litchfield Avenue Southbridge — Photo 1 of 33
$375,000
Investment Analysis — 24 Litchfield Avenue
Southbridge, MA 01550
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01550 carries an estimated $2,380/mo in gross rent — about a 4.71% cap rate and $17,672/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,666
Style
Single Family
Built
1940
This Expandable 4-5 Bed Cape Cod Style Home is Very Deceiving from Outside! Original Family has Owned & Maintained this home, since Originally Designed & Built by their Uncle, an Architect. His Forethought in Design offers Flexibility to meet Your Personal Needs of Today. Quality Built throughout. Eat in Kitchen. Formal Dining Room. Large Living Room can double as Dining, Office or Play area Space. Spacious 1 -2 Bedrooms on 1st Flr all with Closets. Find 2 – 3 Bedrooms on 2nd Flr with Built In Storage Areas. 1 1/2 Baths. The Basement has Framed Area containing Shower Stall, Laundry with Double Bay Sink & Separate Storage. Also find a Workshop Area. Garage is Heated. Town Services. Front Porch was Screened in at one time, still have the screens. Backyard is completely private! Updates: Windows, Boiler & Ext. Paint (10+/- yrs), Roof & Heat Tape (20 +/- yrs), Security System. Hour to Boston, Hartford & Providence!
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: 833 sq ft (the lesser of 900 sq ft or half the 1,666 sq ft principal dwelling). Lot size: 7,841 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
Neighborhood
Public Transportation • Shopping • Park • Stable(s) • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Lighting - Sconce
Kitchen
Lvl Main,FirstCeiling Fan(s), Flooring - Vinyl, Dining Area, Lighting - Overhead
Master Bedroom
Lvl FirstCloset, Flooring - Wood, Lighting - Overhead
Bedroom 2
Lvl FirstBedroom 3
Lvl SecondCloset, Flooring - Vinyl, Lighting - Overhead
Bedroom 4
Lvl SecondCloset, Flooring - Wood, Lighting - Overhead
Bedroom 5
Lvl SecondFlooring - Vinyl, Lighting - Sconce
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Bathroom 2
Lvl SecondBathroom - Half, Flooring - Vinyl, Lighting - Sconce
Listing Agent: Cynthia Sowa Forgit
Listing Office: RE/MAX Prof Associates
MLS® Number: 73574955
