254 Russell St Woburn — Photo 1 of 41
$1,175,000
Investment Analysis — 254 Russell St
Woburn, MA 01801 — Shaker Glen
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01801 carries an estimated $3,780/mo in gross rent — about a 2.40% cap rate and $28,206/yr in estimated NOI at the $1,175,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,859
Style
Single Family
Built
1930
Welcome to 254 Russell Street, a beautifully updated home in Woburn’s desirable Shakerhill neighborhood, offering an impressive list of recent improvements and versatile living space. The exterior features new siding, roof, and windows, while the interior offers refinished floors, a brand-new kitchen with new appliances, and two fully renovated bathrooms. Enjoy two large heated sunrooms, perfect for year-round relaxation, entertaining, home offices, or additional living space. The partially finished basement and expansive multi-purpose spaces provide exceptional flexibility for a home gym, recreation room, office, studio, or storage. Additional updates include a new oil tank. Conveniently located near Lexington, MA and I-95, with easy access to major commuting routes, shopping, dining, and surrounding communities. Thoughtfully updated and move-in ready, this home offers space, flexibility, and peace of mind.
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 2,859 sq ft principal dwelling). Lot size: 10,019 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Microwave • Refrigerator • Freezer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondListing Agent: Peterson Properties Team
Listing Office: Ferrari + Co. Real Estate
MLS® Number: 73567460
