29 Union St Blackstone — Photo 1 of 41
$680,000
Investment Analysis — 29 Union St
Blackstone, MA 01504
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01504 carries an estimated $2,160/mo in gross rent — about a 1.67% cap rate and $11,343/yr in estimated NOI at the $680,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
1,608
Style
Single Family
Built
2003
The warmth and charm of a log cabin sitting proudly on vast pristine acreage! Endless possibilities await on this expansive 6.64 Acre parcel currently improved with a spacious custom built Log Home and oversized 2 bay Garage.This beautifully crafted home, built in 2003 and zoned R3 offers many possibilities with potential for farming, equestrian uses,contractor's yard, home-based business, and other uses as defined in its R3 zoning (buyer to verify specific allowances with the town). Accessed via a paved driveway, this home's classic wrap-around porch welcomes you and invites you to slow down and experience the tranquil surroungings. Inside, the open floorplan connects the updated kitchen, dining, and family room, creating a warm and inviting flow that's ideal for both everyday living and entertaining. The kitchen shines with a large island, elegant shaker-style cabinetry, a gas range, and a built-in wall oven, while the adjoining family room offers generous space to relax. The light-filled 3-season porch, wrapped in windows, overlooks the sprawling acreage and makes an idyllic spot to unwind in any season.Upstairs, a loft-style master bedroom provides a peaceful retreat, complete with a cozy wood stove tucked in the corner for those chilly evenings. The main floor features a full bath for added convenience, while the lower level offers two large walk-in closets and a finished room currently used as a second bedroom — flexible space to suit your needs. For those dreaming of more, the current owners have architectural plans in hand for a future master suite addition, offering a head start on expanding this already special home, the current septic system can accomodate 3 bedrooms. Outside, an oversized 2-bay detached garage with an unfinished loft adds abundant storage and workspace potential, ideal for hobbyists, tradespeople, or additional living space or office space in the future. .With its rare combination of acreage and rustic-meets-modern charm, this property is a blank canvas for the next owner's vision. OPEN HOUSE SUNDAY 9/20 from 1pm-2:30pm
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: 804 sq ft (the lesser of 900 sq ft or half the 1,608 sq ft principal dwelling). Lot size: 289,334 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.
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Amenities & Appliances
Water Heater • Oven • Dishwasher • Microwave • Range • Refrigerator • Washer • Dryer
Geography
Listing Agent: Linda Wigren
Listing Office: Conway - Walpole
MLS® Number: 73578660
