Lots 1-4 North Street Erving — Photo 1 of 10
Recent Drop: $35,000
$240,000
Investment Analysis — Lots 1-4 North Street
Erving, MA 01344
Based on HUD Small Area Fair Market Rent for Franklin County, MA, a home in 01344 carries an estimated $1,010/mo in gross rent — about a 3.29% cap rate and $7,885/yr in estimated NOI at the $240,000 list price. Adjust every assumption in the calculator below.
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Builders and investors - take notice! FOUR approved building lots totaling 20 acres with TOWN SEWER are ready for your next project in the highly desirable town of Erving! With an ANR plan already approved by the town and each lot assigned its own street number, this package is fully teed up for development. Even better? Town sewer is available at the street - no private septic needed - offering you significant cost savings and ease of installation. Located in acommunity known for *ultra-low taxes* and *no sewer usage fees*, these parcels offer unbeatable potential for profit. Whether you build all four homes at once or phase the development, opportunities like this don’t come around often in such a builder-friendly town. Don’t miss your chance to develop in one of Franklin County’s most attractive markets. Your next project starts here!
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Golf • Medical Facility • Conservation Area
Geography
Property History
$240,000
Was $275,000
Jul 10, 2026
MLS® 73477883
$275,000
Feb 17, 2026
MLS® 73477883
$275,000
Jan 31, 2026
MLS® 73399474
$275,000
Jul 3, 2025
MLS® 73399474
Listing Agent: Olivia Paras
Listing Office: LAER Realty Partners
MLS® Number: 73477883
