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5 Lee Ave Burlington — Photo 1 of 36

5 Lee Ave Burlington — Photo 1 of 36

$999,900

Investment Analysis — 5 Lee Ave

Burlington, MA 01803

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01803 carries an estimated $4,580/mo in gross rent — about a 3.38% cap rate and $33,847/yr in estimated NOI at the $999,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3

SqFt

2,804

Style

Single Family

Built

1987

Welcome to 5 Lee Avenue, a contemporary split-entry home tucked away on a peaceful cul-de-sac in one of Burlington’s established residential neighborhoods. Set on a generous half-acre lot, this spacious home offers a rare combination of privacy, flexibility, and convenience.Featuring five bedrooms and three full bathrooms, the versatile floor plan provides plenty of space for everyday living, entertaining, and hosting family and friends. One of the five bedrooms is ideally suited for use as a dedicated home office, offering an excellent work-from-home option while maintaining four additional bedrooms for family and guests. A two-car garage provides convenient parking and additional storage.The half-acre lot offers ample outdoor space and a sense of privacy that is increasingly hard to find in Burlington. The quiet cul-de-sac setting provides a welcoming neighborhood atmosphere with limited through traffic.The location is equally appealing, with convenient access to Burlington’s extensive shopping, restaurants, recreation, medical facilities, major employment centers, and transportation options. Fox Hill Elementary School is just a short distance away, while Burlington’s parks, recreation facilities, and community amenities are all close by.

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 2,804 sq ft principal dwelling). Lot size: 22,673 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.

Property Details

Financials

Original Price$999,900
Annual Taxes$7,923

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms10
Fireplaces1
FlooringTile, Vinyl, Carpet, Flooring - Wall to Wall Carpet
BasementFull, Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete

Climate & Utilities

HeatingBaseboard, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRO

Property & Lot

Acres0.52
SqFt Lot22,673
Lot FeaturesLevel

Amenities & Appliances

Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Shopping • Tennis Court(s) • Park • Medical Facility • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 2
First
Family Room
Basement
OfficeBedroom 4Bathroom 3
Main,Second
Living RoomDining RoomKitchenPrimary Bedroom
Living Room
Lvl Main,Second

Flooring - Wall to Wall Carpet, Open Floorplan, Recessed Lighting

Dining Room
Lvl Main,Second

Flooring - Wall to Wall Carpet, Slider, Lighting - Pendant

Kitchen
Lvl Main,Second

Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Recessed Lighting, Stainless Steel Appliances, Washer Hookup, Peninsula

Office
Lvl Basement

Closet, Flooring - Wall to Wall Carpet

Family Room
Lvl First

Beamed Ceilings, Flooring - Wall to Wall Carpet, Exterior Access

Primary Bedroom
Lvl Main,Second

Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Recessed Lighting

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Wall to Wall Carpet, Recessed Lighting

Bedroom 4
Lvl Basement

Closet, Flooring - Wall to Wall Carpet

Bathroom 2
Lvl Second

Bathroom - Tiled With Tub, Skylight, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Basement

Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: The Serrano Team

Listing Office: Leading Edge Real Estate

MLS® Number: 73584712