14 Main St Shelburne — Photo 1 of 39
$685,000
Investment Analysis — 14 Main St
Shelburne, MA 01370
Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 3-bedroom in 01370 carries an estimated $2,010/mo in gross rent — about a 2.17% cap rate and $14,835/yr in estimated NOI at the $685,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,237
Style
Single Family
Built
1850
Right in the heart of Shelburne Falls, this extraordinary Octagon home is a true work of art. Thoughtfully restored by a local master builder, it blends historic architecture with exceptional craftsmanship and modern comfort. Radiant heated tile floors, handcrafted built-ins, custom lighting, and a dramatic spiral staircase lead to a rooftop cupola and mahogany deck with sweeping village views. Zoned for both residential and commercial use, this unique property was once home to a beloved art gallery and offers endless live/work possibilities. The detached studio/guesthouse is a standout feature, complete with its own utilities and bath, making it ideal for guests, an artist's studio, office, gallery, or wellness space. Beautiful gardens, fruit trees, stone walls, and a close location to nearby shops, restaurants, the Bridge of Flowers, library, and farmers market complete this one of a kind offering.
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 2,237 sq ft principal dwelling). Lot size: 8,364 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Property History
$685,000
Jul 29, 2026
MLS® 73554536
$749,000
Jul 23, 2026
MLS® 73541626
$749,000
Jun 25, 2026
MLS® 73541626
$799,000
Jun 1, 2026
MLS® 73525103
$799,000
May 27, 2026
MLS® 73525103
Listing Agent: Jocelyn O'Shea
Listing Office: REMAX Connections - Greenfield
MLS® Number: 73554536
