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Two-Family Home with Barn

15 Central St Ashburnham, MA 01430

15 Central St, Ashburnham, MA, 01430
$450,000
For Sale
Claim this Listing
$450,000

Two-family home in Ashburnham with barn and recent updates.

Property Size2,080 SF
Price / SF$216.35
AddedMay 26
Days on Market51
Last RefreshMay 27 at 9:36 pm

Property Features for 15 Central St

General Information

Standard status
Active
Size
2,080 SF
Property subtype
2 Family - 2 Units Up/Down

Building Details

Year Built
1878

Listing office Keller Williams Realty North Central

Listing date May 26, 2026

Source Lockandkeyre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty North Central


Investment Insights

Based on property information with market context.

This two-family home is located in Ashburnham. It offers spacious units suitable for owner-occupancy or investment. A large attached barn area provides storage or workshop potential, complemented by a one-car garage and a generous yard. Recent improvements include siding, windows, doors, metal trim, fascia, a hot water heater, and electrical updates. The property also features an unfinished third floor. The property is conveniently located near the town center, local amenities, and Cushing Academy. Nearby outdoor recreation opportunities include Mount Watatic, the rail trail, hiking, kayaking, and biking. The property size is 2080 square feet.

Key Highlights

  • Two‑family home ideal for owner‑occupancy or investment.
  • Large attached barn offers significant storage or workshop space.
  • Recent updates include siding, windows, doors, and electrical.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $41.2k $19.80
− Vacancy −$1.0k −$0.49
EGI $40.2k $19.31
− OpEx −$12.1k −$5.79
NOI $28.1k $13.52
2,080 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$401.7K
$351.5K – $468.6K (±1% cap)
NOI $28,117 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$349.6K
$305.9K – $407.8K (±1% cap)
NOI $24,469 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$710.3K
$621.5K – $828.7K (±1% cap)
NOI $49,720 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Big Box & Wholesale Store Auto Repair Shop Dental Office Electrical Service Building Supply Grocery & Convenience Store Real Estate Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family home in Ashburnham with barn and recent updates.
Where is this duplex located?
The property is located at 15 Central St Ashburnham, MA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑family home ideal for owner‑occupancy or investment.; Large attached barn offers significant storage or workshop space.; Recent updates include siding, windows, doors, and electrical.
Contact an agent
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