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48 Main Westminster — Photo 1 of 42

48 Main Westminster — Photo 1 of 42

$425,000

Investment Analysis — 48 Main

Westminster, MA 01473

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 2-bedroom in 01473 carries an estimated $2,490/mo in gross rent — about a 4.51% cap rate and $19,164/yr in estimated NOI at the $425,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,228

Style

Single Family

Built

1880

Charming New England Colonial in the Heart of Westminster! Whether you’re a first-time homebuyer, looking to downsize, or simply seeking a move-in-ready home with character, this delightful 2-bedroom, 1-bath Colonial is ready to welcome you home. The updated kitchen features granite countertops and stainless-steel appliances, while the refreshed bathroom and freshly painted interiors make settling in easy. Outside, the large, shaded backyard offers the perfect setting for entertaining, gardening, or simply relaxing and enjoying the peaceful New England surroundings. Set within Westminster’s Village Center zoning, this home offers the rare convenience of walkable amenities and quintessential New England charm. Stroll to the local country store, coffee and ice cream shops, library, and restaurants, then enjoy easy access to Wachusett Mountain for skiing, hiking, and outdoor adventure. A charming home, a wonderful location, and an easy lifestyle — this is Westminster living at its best!

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: 614 sq ft (the lesser of 900 sq ft or half the 1,228 sq ft principal dwelling). Lot size: 16,988 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$425,000
Annual Taxes$3,545

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile
BasementFull, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingSteam, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRes

Property & Lot

Acres0.39
SqFt Lot16,988
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Shopping • Golf • Medical Facility • Laundromat • Conservation Area • Highway Access

Geography

Listing Provided By

Listing Agent: Stephanie Porter

Listing Office: Keller Williams Realty North Central

MLS® Number: 73563561