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189 Allen Road Billerica — Photo 1 of 41

189 Allen Road Billerica — Photo 1 of 41

$685,000

Investment Analysis — 189 Allen Road

Billerica, MA 01821

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01821 carries an estimated $3,530/mo in gross rent — about a 3.60% cap rate and $24,677/yr in estimated NOI at the $685,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

2,127

Style

Single Family

Built

1940

Welcome home to this charming brick Cape boasting exceptional character, rich woodwork, and seamless indoor-outdoor living. Flanked by beautiful bay windows, the front entry opens into a spacious main level anchored by gleaming hardwood floors. Relax in the inviting living room, featuring exposed beam ceilings, skylights, built-in shelving, paneled accent walls, and a stone-surround wood stove that adds warmth and timeless appeal. Host memorable meals in the dedicated dining room, detailed with classic wainscoting. The heart of the home is the eat-in kitchen, outfitted with granite countertops, lots of cabinet storage, a sunny breakfast area, and the convenience of a second rear staircase leading directly upstairs. Just off the kitchen discover a cozy screened-in porch—the perfect spot for morning coffee. Outdoors, enjoy a large, level, fully fenced yard complete with a low-maintenance composite side deck, a dedicated storage shed, and a covered carport off the paved driveway. The main level also offers a flexible primary or guest bedroom with multiple closets and easy access to a full main-level bath with a tub and shower. Upstairs, two additional light-filled bedrooms share a second full bath. The full walk-out basement expands your living space with a comfortable lower-level family room featuring custom built-ins, laundry facilities, and plenty of extra storage. Situated on a prime corner lot, this unique property offers easy access to Boston Road and sits just a half-mile from the trails of the Hillside Conservation Parcel.

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 2,127 sq ft principal dwelling). Lot size: 26,402 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$685,000
Annual Taxes$7,517

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms7
Fireplaces1
FlooringTile, Laminate, Hardwood
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

HeatingBaseboard, Electric Baseboard, Oil, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer, Private Sewer

Building & Exterior

ConstructionBlock, Conventional (2x4-2x6)
RoofShingle
FoundationBlock
Zoning2

Property & Lot

Acres0.61
SqFt Lot26,402
Lot FeaturesCorner Lot

Amenities & Appliances

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

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBedroom 3Bathroom 1
Basement
Family Room
Living Room
Lvl First

24 x 13

Wood / Coal / Pellet Stove, Skylight, Ceiling Fan(s), Beamed Ceilings, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access

Dining Room
Lvl First

17 x 11

Flooring - Hardwood, Window(s) - Bay/Bow/Box

Kitchen
Lvl First

10 x 12

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook

Family Room
Lvl Basement

18 x 12

Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet

Primary Bedroom
Lvl Second

17 x 18

Cathedral Ceiling(s), Closet, Flooring - Laminate, Cable Hookup

Bedroom 2
Lvl Second

14 x 12

Bedroom 3
Lvl First

16 x 12

Ceiling Fan(s), Closet, Flooring - Hardwood

Bathroom 1
Lvl First

9 x 6

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

9 x 7

Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Kip Lebaron

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73578190