21 Munroe St Winchendon — Photo 1 of 29
$250,000
Investment Analysis — 21 Munroe St
Winchendon, MA 01475
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 2-bedroom in 01475 carries an estimated $1,730/mo in gross rent — about a 5.53% cap rate and $13,833/yr in estimated NOI at the $250,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
808
Style
Single Family
Built
1900
Whether you're a contractor looking for your next project or a home buyer searching for affordable one-level living, this adorable 2-bedroom ranch is packed with potential...subdivision potential! Enter through the enclosed porch, filled with natural light, and into an open kitchen featuring a walk-in pantry with plenty of storage. The spacious living room offers room to relax, while both bedrooms include closets. The full bath features a charming cast iron clawfoot tub, and main-floor laundry makes everyday living easy. The home is also serviced by town water and sewer! Outside, a large shed provides additional storage. What really sets this property apart is the land - with frontage on two streets and potential for future subdivision, with approximately 2-4 additional lots potentially possible. Bring your ideas and see just how much opportunity this property has to offer!
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: 404 sq ft (the lesser of 900 sq ft or half the 808 sq ft principal dwelling). Lot size: 81,893 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 • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCeiling Fan(s), Flooring - Laminate, Exterior Access
Kitchen
Lvl Main,FirstFlooring - Laminate, Pantry, Gas Stove
Family Room
Lvl Main,FirstFlooring - Laminate, Exterior Access
Primary Bedroom
Lvl Main,FirstCloset, Flooring - Laminate
Bedroom 2
Lvl Main,FirstBathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile, Soaking Tub
Listing Agent: Olivia Paras
Listing Office: LAER Realty Partners
MLS® Number: 73563755
