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31 South St Bernardston — Photo 1 of 42

31 South St Bernardston — Photo 1 of 42

$499,900

Investment Analysis — 31 South St

Bernardston, MA 01337

Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 3-bedroom in 01337 carries an estimated $2,160/mo in gross rent — about a 2.84% cap rate and $14,179/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

2,919

Style

Single Family

Built

1790

Set on 2 acres in the heart of Bernardston village, this 1790 Colonial is filled with the kind of character you just don’t find in newer homes. The main living space offers 3 bedrooms and 2 full baths, including a first-floor bedroom, with wood floors, multiple fireplaces, period details and generously sized rooms throughout. An additional 3-room accessory apartment includes 1 bedroom and 1 full bath, adding flexibility for extended family, guests or other uses. Outside, the setting is equally appealing with a covered front porch, stone patio, expansive lawn, mature trees, wooded areas and a pond, plus a large 2-story, 2-bay barn/garage offering plenty of room for storage, workshop space or hobbies. Enjoy the feel of a spacious country property while being right in the village, close to Cushman Park, the library and local shops, with convenient access to major routes.

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 2,919 sq ft principal dwelling). Lot size: 87,120 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

Original Price$499,900
Annual Taxes$5,520

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms7
Fireplaces4
FlooringTile, Carpet, Hardwood
BasementFull, Interior Entry, Dirt Floor

Climate & Utilities

HeatingCentral, Hot Water, Oil
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Slate
FoundationBlock, Stone
ZoningCV

Property & Lot

Acres2
SqFt Lot87,120
Lot FeaturesLevel

Amenities & Appliances

Water Heater • Range • Refrigerator

Neighborhood

Park • Stable(s) • Highway Access • House of Worship • Private School • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBedroom 3Bathroom 1
Living Room
Lvl First

Flooring - Wood

Dining Room
Lvl First

Flooring - Wood

Kitchen
Lvl First

Flooring - Laminate

Family Room
Lvl First

Flooring - Wood

Master Bedroom
Lvl Second

Flooring - Wood

Bedroom 2
Lvl Second
Bedroom 3
Lvl First

Flooring - Wood

Bathroom 1
Lvl First

Bathroom - Full, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Flooring - Vinyl

Listing Provided By

Listing Agent: Donald Mailloux

Listing Office: Coldwell Banker Community REALTORS®

MLS® Number: 73575379