Active

42 Days on market

254 Russell St Woburn — Photo 1 of 41

Recent Drop: $25,000

$1,175,000

$1,150,000

Investment Analysis — 254 Russell St

Woburn, MA 01801 — Shaker Glen

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01801 carries an estimated $3,780/mo in gross rent — about a 2.45% cap rate and $28,206/yr in estimated NOI at the $1,150,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,859

Style

Single Family

Built

1930

Welcome to 254 Russell Street, where classic charm meets beautifully updated, move-in-ready living in Woburn’s desirable Shakerhill neighborhood. Set on a spacious lot near the Lexington line, this thoughtfully renovated home offers nearly 2,900 square feet of flexible living space designed for today’s lifestyle.Step inside to refinished hardwood floors, a stunning new kitchen with new appliances, two beautifully renovated full baths, and inviting living spaces filled with natural light. Two oversized heated sunrooms are a standout feature—perfect for morning coffee, entertaining, a home office, playroom, or simply relaxing year-round.Two fireplaces add warmth and character, while the partially finished lower level offers even more possibilities for a home gym, media room, recreation space, or office. A one-car garage and generous yard complete the property.Major improvements include a new roof, siding, windows, electrical, plumbing and oil tank, giving the next owner the benefit of extensive updates already completed.Ideally located with convenient access to Lexington, I-95, shopping, dining and major commuting routes, 254 Russell combines space, character and extensive renovations in a location that’s hard to beat. Move in and enjoy.

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: 900 sq ft (the lesser of 900 sq ft or half the 2,859 sq ft principal dwelling). Lot size: 10,019 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.