33 Main St, Ashburnham, MA 01430-4214
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.