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50 Towtaid Street Leicester — Photo 1 of 29

50 Towtaid Street Leicester — Photo 1 of 29

$448,000

Investment Analysis — 50 Towtaid Street

Leicester, MA 01611

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01611 carries an estimated $2,040/mo in gross rent — about a 3.40% cap rate and $15,248/yr in estimated NOI at the $448,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,156

Style

Single Family

Built

1925

NEW KITCHEN*** NEW WINDOWS*** NEW DECK*** NEW ROOF*** NEW GUTTERS*** LOVELY YARD***Presenting an exceptional opportunity. This is a 1925 single-family residence, encompassing 1156 square feet of meticulously maintained living space, standing as an inviting home ready for immediate occupancy and quiet area of Cherry Valley. Park and Tennis court 5 minutes away. Fireplace living room, kitchen with breakfast nook. All brand new windows a year ago. Great yard with a shed. Move right in and enjoy the summer in your private yard. Pellet stove in the basement heats the whole house.

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: 578 sq ft (the lesser of 900 sq ft or half the 1,156 sq ft principal dwelling).

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 MLS and other third-party data may be inaccurate or out of date.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$448,000
Annual Taxes$3,357

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms5
Fireplaces1
FlooringLaminate
BasementFull, Walk-Out Access

Climate & Utilities

HeatingCentral, Forced Air, Oil, Pellet Stove
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock, Stone
ZoningR2

Property & Lot

Acres--
SqFt Lot0.3
Lot FeaturesCorner Lot

Amenities & Appliances

Water Heater • Range • Dishwasher • Refrigerator • Washer

Neighborhood

Public Transportation • Tennis Court(s) • Park • Public School

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenFamily RoomPrimary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 1Bathroom 2
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Bedroom 3
Lvl First
Bedroom 4
Lvl First
Bathroom 1
Lvl First
Bathroom 2
Lvl First
Listing Provided By

Listing Agent: Bin Jiang

Listing Office: Palace Realty Boston

MLS® Number: 73582992