
148 Center Street Ashburnham — Photo 1 of 42
$479,000
Investment Analysis — 148 Center Street
Ashburnham, MA 01430
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 4-bedroom in 01430 carries an estimated $3,950/mo in gross rent — about a 6.56% cap rate and $31,402/yr in estimated NOI at the $479,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
1,800
Style
Single Family
Built
1875
It's always the right time to buy the right home!! Great commuter location in desirable Ashburnham! Enjoy the charm of country living with the convenience of public water and sewer. This beautifully renovated home features neutral colors, crisp finishes, exquisite hardware, upgraded doors, custom moldings, inlay paneling, and thoughtful details throughout. The open-concept kitchen, dining, and living area is perfect for entertaining, with soft-close cabinetry, butcher block countertops, and stainless steel appliances. Lead Safe Home! The first floor offers a primary bedroom with a full ensuite bath, ideal as a main suite, guest space, or in-law option, plus a mudroom, laundry, heated sunroom, and family room with custom beadboard. Warm wood floors run throughout. Upstairs you'll find three additional bedrooms and a full bath. Bright, airy, and spacious with a flexible floor plan, a quiet private , low maintenance backyard and quick access to the highway, commuter rail, hiking and skiing. Quick closing possible!
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 1,800 sq ft principal dwelling). Lot size: 44,866 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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator • Range Hood
Neighborhood
Shopping • Walk/Jog Trails • Conservation Area • House of Worship • Private School • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting, Remodeled
Dining Room
Lvl Main,FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting, Remodeled
Kitchen
Lvl Main,FirstFlooring - Hardwood, Pantry, Countertops - Upgraded, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Lighting - Pendant
Family Room
Lvl Main,FirstFlooring - Hardwood, Open Floorplan, Remodeled, Beadboard, Decorative Molding
Primary Bedroom
Lvl Main,FirstBathroom - Full, Closet, Flooring - Hardwood, Remodeled
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wood, Remodeled
Bedroom 4
Lvl SecondCloset, Flooring - Wood, Remodeled
Bathroom 1
Lvl Main,FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl Main,FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity
Bathroom 3
Lvl SecondBathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Remodeled
Listing Agent: Kathleen Walsh
Listing Office: Keller Williams Realty North Central
MLS® Number: 73580671