Active
2 Days on market

$529,900

Investment Analysis — 71 River St

Leominster, MA 01453

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01453 carries an estimated $2,380/mo in gross rent — about a 3.06% cap rate and $16,223/yr in estimated NOI at the $529,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3

SqFt

1,644

Style

Single Family

Built

1900

Discover a lifestyle of refined comfort at this totally renovated Village Colonial in 2020. This distinctive residence has been meticulously remodeled and spanning 1644 square feet, offers a fresh perspective on classic design. Every detail has been carefully considered to create an atmosphere of modern elegance and effortless living. The heart of this home lies in its open-plan kitchen, seamlessly integrating with the living room. Here, stone counters provide a sophisticated workspace, complemented by a functional peninsula that encourages social interaction. Retreat to one of the three thoughtfully designed bedrooms. The three full bathrooms offer contemporary conveniences, with one featuring a double vanity and a spacious walk-in shower. The decorative ladder on 2nd floor leads to the third-floor loft. Beyond the interior, a private yard beckons for outdoor enjoyment. Imagine evenings g hosting family, or simply relaxing in the expansive outdoor living space. A charming patio and porch further extend your living options, This completely remodeled property offers a unique opportunity to embrace a sophisticated and comfortable lifestyle;

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: 822 sq ft (the lesser of 900 sq ft or half the 1,644 sq ft principal dwelling). Lot size: 6,695 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.

Open Houses

Property Details

Financials

Original Price$529,900
Annual Taxes$5,483

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms6
FireplacesNone
FlooringFlooring - Wall to Wall Carpet
BasementFull, Partially Finished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.15
SqFt Lot6,695
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Microwave • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 3Bathroom 2Bathroom 3
Main,First
Living RoomKitchenBedroom 2Bathroom 1
Living Room
Lvl Main,First

13 x 14

Flooring - Laminate

Kitchen
Lvl Main,First

19 x 10

Flooring - Vinyl, Countertops - Stone/Granite/Solid, Exterior Access, Stainless Steel Appliances, Gas Stove

Primary Bedroom
Lvl Second

12 x 11

Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Main,First

9 x 11

Bedroom 3
Lvl Second

10 x 10

Bathroom - Full, Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl Main,First

7 x 9

Bathroom - Full, Bathroom - With Tub & Shower, Countertops - Stone/Granite/Solid, Double Vanity

Bathroom 2
Lvl Second

7 x 9

Bathroom - Full, Bathroom - With Shower Stall, Countertops - Stone/Granite/Solid, Double Vanity

Bathroom 3
Lvl Second

8 x 6

Bathroom - Full, Bathroom - With Shower Stall, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: Eileen Griffin Wright

Listing Office: Keller Williams Realty North Central

MLS® Number: 73581838