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35 Leominster Rd Lunenburg — Photo 1 of 38

35 Leominster Rd Lunenburg — Photo 1 of 38

$460,000

Investment Analysis — 35 Leominster Rd

Lunenburg, MA 01462

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 7-bedroom in 01462 carries an estimated $3,950/mo in gross rent — about a 4.92% cap rate and $22,621/yr in estimated NOI at the $460,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

5.5

SqFt

5,000

Style

Single Family

Built

1910

Rehabbers and Builders!! — 1910 Colonial, 5,294 sq ft, on approximately 0.9 acres following subdivision of the original parcel. Tied into TOWN SEWER before closing. Slate roof, full walk-out basement, third floor already studded for 4 more bedrooms. Needs everything inside and out; recent water damage; sold strictly AS-IS, use caution. Cash or renovation financing, proof of funds required.

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 5,000 sq ft principal dwelling). Lot size: 38,000 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 MLS and other third-party data may be inaccurate or out of date.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$460,000
Annual Taxes$13,403

Parking

Garage4
Off-Street16

Interior Specifications

Total Rooms12
Fireplaces2
FlooringWood, Vinyl, Carpet
BasementFull, Walk-Out Access, Unfinished

Climate & Utilities

HeatingCentral
CoolingNone
WaterPublic
SewerPublic Sewer, Other

Building & Exterior

ConstructionFrame
RoofSlate
FoundationOther
ZoningRES

Property & Lot

Acres0.87
SqFt Lot38,000
Lot FeaturesLevel

Amenities & Appliances

Water Heater • Other

Neighborhood

Park • Conservation Area • Highway Access • Public School

Geography

Listing Provided By

Listing Agent: Asim Ghani

Listing Office: LXTN Realty

MLS® Number: 73565951