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87 Days on market
48 Central St Auburn — Photo 1 of 27

48 Central St Auburn — Photo 1 of 27

Recent Drop: $40,000

$509,900
$469,900

$469,900

Investment Analysis — 48 Central St

Auburn, MA 01501

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01501 carries an estimated $2,230/mo in gross rent — about a 2.82% cap rate and $13,268/yr in estimated NOI at the $469,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

2,012

Style

Single Family

Built

1980

HUGE PRICE DROP!!! This spacious 2,000+ sq. ft. home is in a fantastic Auburn commuter location! Set up nicely off Central Street with plenty of parking, this property features 3 bedrooms, 2 full baths & an attached 2 car garage. The main level offers a great layout w/ a mudroom area off the garage, living room, dining room, eat-in kitchen w/ granite counters, plus a full bath for added convenience. The home was recently updated prior to the current ownership & offers propane hot water baseboard heat along w/ solar to help keep electric costs economical. Upstairs you will find 3 nicely sized bedrooms & a second full bath. Need more room? The enormous basement offers excellent potential for future finished space, storage, workshop area or more. A hard-to-find combination of size, updates, garage space, parking & location, all just minutes to major routes, shopping, schools & area amenities! Needs a little cleaning up but you can make this your own with a little love! Solar is a PPA so no lease payment!

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 2,012 sq ft principal dwelling). Lot size: 18,260 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.

Immersive Experience

Property Details

Financials

Original Price$509,900
Annual Taxes$7,070

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms5
Fireplaces2
FlooringVinyl, Carpet
BasementFull, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Propane
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES A

Property & Lot

Acres0.42
SqFt Lot18,260
Lot FeaturesCleared, Sloped

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl Second

Property History

Price Drop
$469,900

Was $509,900

Aug 24, 2026

MLS® 73537809

Listed
$509,900

Jun 17, 2026

MLS® 73537809

Listing Provided By

Listing Agent: Jared Meehan

Listing Office: RE/MAX Bell Park Realty

MLS® Number: 73537809