Active
3 Days on market
40-42 Crocker Nye Rd Oakham — Photo 1 of 41

40-42 Crocker Nye Rd Oakham — Photo 1 of 41

$515,000

40-42 Crocker Nye Rd, Oakham, MA 01068

Oakham, MA 01068

Investor Analysis

Beds

6

Baths

3.5

SqFt

3,120

Style

2 Family - 2 Units Side by Side

Built

1986

OPPORTUNITY AWAITS! Discover the possibilities at 40–42 Crocker Nye Road, a two-unit property set on approximately 4 acres in scenic Oakham. Whether you're an investor looking to expand your portfolio or an owner-occupant interested in having rental income help offset the mortgage, this property offers flexibility and potential.Each side features a first-floor living room, kitchen, full bath, and two bedrooms. The walk-out lower levels offer additional finished space, including a bedroom, family room, bathroom, and bonus room that provides flexibility for an office, storage, playroom, or other needs, subject to buyer verification and applicable requirements. Washer/dryer hookups are also available.Separate utilities for each unit provide an attractive feature for both investors and owner-occupants.A new septic system has been completed, with Certificate of Compliance in hand, providing an important improvement for the next owner.The approximately 4-acre setting provides space, privacy, and opportunity while still offering convenient access to area amenities and major routes. The property may appeal to buyers seeking an owner-occupied two-family arrangement, an investment property, or an opportunity to update and personalize a property to suit their goals.The property is being offered AS IS, providing an opportunity for the next owner to make improvements and customize the property to their needs and investment strategy. Buyers are encouraged to conduct their own due diligence regarding all aspects of the property.For the investor, explore the potential to improve and maximize the property's income-producing possibilities. For the owner-occupant, live in one unit and rent the other to potentially help offset housing costs. With acreage, two living units, walk-out lower levels, and a completed septic system, this property presents an opportunity to create value and make the property your own.Bring your vision and explore the possibilities at 40–42 Crocker Nye Road!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$165/sqft
Local Avg (Oakham)$297/sqft
44% BelowMarket Average

* Analysis is based on 10 actively listed and recently sold comparable properties strictly within Oakham, MA.

Property Details

Financials

Original Price$515,000
Annual Taxes$3,298

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms14
FireplacesNone
Flooring--
BasementFull, Finished, Walk-Out Access

Climate & Utilities

HeatingElectric
Cooling--
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionModular
RoofShingle
FoundationConcrete Perimeter
ZoningA&RR

Property & Lot

Acres4
SqFt Lot174,240
Lot FeaturesWooded, Cleared, Gentle Sloping

Amenities & Appliances

Range • Dishwasher • Refrigerator • Range Hood

Geography

Population

1,639

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$102K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

8.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Kristin Woodis

Listing Office: William Neylon Real Est.

MLS® Number: 73579142

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