1576 Main St Holden — Photo 1 of 33
$575,000
Investment Analysis — 1576 Main St
Holden, MA 01522
Based on rent reported on the MLS listing, a 2-unit multi-family in 01522 carries $3,450/mo in gross rent — about a 4.54% cap rate and $26,106/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,748
Style
2 Family - 2 Units Up/Down
Built
1940
The Ultimate House-Hacking Opportunity in Holden! Live in one unit and let the other pay down your mortgage, or capitalize on high-demand market rents as a full investment property. Featuring two units with month-to-month rental agreements already in place, this property provides immediate cash flow with ultimate flexibility to move in, adjust rents to Holden’s 2 bedroom average ~$2,400/mo* (See remarks), or place your own tenants on your timeline. Many of the typical maintenance items have been taken care of. Within the last 3 years the sellers have updated all the appliances, added new countertops and backsplashs, updated kitchen and bath flooring, and updated the furnace for the first floor unit. (See update list) Situated on a scenic half-acre lot featuring, fruit trees, gardens, a purgula, and firepit, a chicken coop, and views of Eagle Lake, this home offers connected public water and public sewer—a major win for low-maintenance ownership. Excellent location just minutes from WRTA bus routes, local shopping, Wachusett Regional High School, Mass Central Rail Trail, and convenient highway access to I-190. Don't miss out on built-in equity and rental potential in a top-rated school district! First in-person showing Sunday 10/4 11-12:30
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Range
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Listing Agent: Michael Lynch
Listing Office: Better Living Real Estate, LLC
MLS® Number: 73583486
