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393 South Rd Templeton — Photo 1 of 38

393 South Rd Templeton — Photo 1 of 38

$293,000

Investment Analysis — 393 South Rd

Templeton, MA 01468

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01468 carries an estimated $2,480/mo in gross rent — about a 6.64% cap rate and $19,468/yr in estimated NOI at the $293,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,476

Style

Single Family

Built

1932

Here is your opportunity to get into Templeton at an attractive price point and create a home that truly reflects your vision! This charming two-story, 3-bedroom home offers a great opportunity for buyers looking to add their own finishing touches and build equity along the way. The first floor features a spacious kitchen with plenty of cabinet storage, a large dedicated dining room, a comfortable living room, and a full bathroom. Upstairs, you’ll find three nicely sized bedrooms, offering flexibility for bedrooms, a home office, guest space, or whatever best fits your needs. Outside, the property continues to impress with a large yard offering plenty of room for outdoor enjoyment, gardening, recreation, or future landscaping ideas. A detached two-car garage provides valuable additional storage and parking space—perfect for vehicles, hobbies, tools, or a workshop. With its generous living space, three bedrooms, two floors of potential, large yard, and detached two-car garage, this property offers a solid opportunity to put your personal stamp on a home in Templeton. Bring your ideas, your vision, and your toolbox and unlock the possibilities this property has to offer, it's all almost done, just needs a few finishing touches! Come and find out for yourself.

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: 738 sq ft (the lesser of 900 sq ft or half the 1,476 sq ft principal dwelling). Lot size: 50,530 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.

Immersive Experience

Property Details

Financials

Original Price$293,000
Annual Taxes$3,150

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms6
FireplacesNone
Flooring--
BasementFull, Interior Entry, Unfinished

Climate & Utilities

HeatingBaseboard, Oil, Pellet Stove
CoolingWindow Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock, Stone, Irregular
ZoningRA1

Property & Lot

Acres1.16
SqFt Lot50,530
Lot FeaturesCleared, Gentle Sloping

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Golf

Geography

Listing Provided By

Listing Agent: Kelly Brown

Listing Office: ERA Key Realty Services - Worcester

MLS® Number: 73584869