
49 Elmwood St Auburn — Photo 1 of 22
$475,000
Investment Analysis — 49 Elmwood St
Auburn, MA 01501 — Pakachoag Hill
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 3.06% cap rate and $14,530/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,536
Style
Single Family
Built
1963
There’s more to this Auburn ranch than meets the eye! Set on a .33-acre lot in the Pakachoag Hill area, this 3-bedroom home combines comfortable one-level living with bonus space below and a backyard that feels wonderfully tucked away. The bright living room makes a welcoming first impression, with a large bay window bringing in abundant natural light and showcasing the gorgeous view. The kitchen and dining area come together as the natural hub of the home. There’s plenty of space to cook with abundant cabinetry, granite countertops and stainless steel appliances, while the generous peninsula invites conversation and casual meals. And the dining area provides room to gather around the table and the a slider carries the living space outdoors to the oversized composite deck, with the tiered backyard and mature greenery creating a beautiful backdrop.Hardwood floors flow from the living room down the hall and into all three bedrooms, while an updated full bath rounds out the ease of one-level living.And then there’s downstairs! The lower level adds an unexpected amount of versatility with a spacious family room, second full bath and direct access to the two-car garage. Movie nights, game days, hobbies, a home office or simply room to spread out, this is bonus space ready to change along with the way you live.Energy-conscious updates work behind the scenes, too, with solar helping power the heat pumps that provide both heating and cooling, complemented by hot water baseboard heating system.Outside, the tiered yard creates more than one way to enjoy the property. Relax or gather on the oversized deck, enjoy the level yard space just beyond it, or head up to the upper tier for even more room to play, garden or simply enjoy being outdoors.And while the setting feels nicely removed, everyday conveniences are remarkably close. Major commuting routes and shopping throughout Auburn and beyond are easily accessible. And Pakachoag Elementary School and Pakachoag Golf Course are just around the corner. WELCOME HOME!
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: 768 sq ft (the lesser of 900 sq ft or half the 1,536 sq ft principal dwelling). Lot size: 14,555 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.
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Amenities & Appliances
Water Heater • Tankless Water Heater • Oven • Dishwasher • Microwave • Range • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17 x 11
Closet, Flooring - Wood, Window(s) - Bay/Bow/Box, Exterior Access
Dining Room
Lvl First8 x 13
Flooring - Stone/Ceramic Tile, Deck - Exterior, Exterior Access, Slider
Kitchen
Lvl First11 x 13
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Family Room
Lvl Basement24 x 17
Closet, Flooring - Vinyl, Exterior Access
Master Bedroom
Lvl First12 x 11
Ceiling Fan(s), Closet, Flooring - Wood
Bedroom 2
Lvl First11 x 11
Bedroom 3
Lvl First10 x 11
Ceiling Fan(s), Closet, Flooring - Wood
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl BasementBathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Aimee Siers
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73575409
