Property summary
This exceptional investment opportunity in Ashburnham, MA, presents three buildings on a 1.11-acre lot at 33 Main Street. The primary structure is a well-maintained brick building featuring four offices and three apartments, all currently rented. Recent upgrades include newer windows and a new roof. The property benefits from tenants at will, with tenants responsible for their own heat and electricity. Adding to the income potential, a thriving daycare center, operating successfully since 2013, occupies a building at the rear of the main structure. A second daycare is located behind GFA Bank on the property. The existing tenants provide a stable income stream. Washers and dryers are tenant-owned. This property offers a unique blend of commercial and residential income, making it an attractive investment for those seeking a diversified portfolio. The central location in Ashburnham ensures convenient access to local amenities and services. The strong rental history and recent improvements make this a low-maintenance, high-return investment opportunity. The property's size and layout offer potential for future expansion or redevelopment, subject to local zoning regulations. This is a rare chance to acquire a well-established, income-producing property in a desirable location. The asking price is $1,300,000.
Property profile
VerifiedCap rate & NOI
Current use
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Daycare Center Foster Care Service
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Printing Service (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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