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2 Gunn St Erving — Photo 1 of 27

2 Gunn St Erving — Photo 1 of 27

$229,900

Investment Analysis — 2 Gunn St

Erving, MA 01344

Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 4-bedroom in 01344 carries an estimated $1,950/mo in gross rent — about a 6.58% cap rate and $15,138/yr in estimated NOI at the $229,900 list price. Adjust every assumption in the calculator below.

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Beds

4

Baths

2

SqFt

1,680

Style

Single Family

Built

1870

This 4-bedroom, 2-bath home in Erving offers approximately 1,680 sq ft of living space and plenty of opportunity for someone ready to make it their own. Set on .82 acres, the property offers a good amount of space both inside and out, with a layout that gives the next owner plenty to work with. The home will benefit from updating, making it a good option for a buyer willing to put in some sweat equity and improve things over time. Bring your ideas and see the potential here. Enjoy low taxes with sewer/rubbish included.

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: 840 sq ft (the lesser of 900 sq ft or half the 1,680 sq ft principal dwelling). Lot size: 35,719 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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$229,900
Annual Taxes$2,646

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms8
FireplacesNone
FlooringWood, Vinyl, Carpet
BasementFull, Bulkhead, Dirt Floor

Climate & Utilities

HeatingSteam, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Slate
FoundationStone
ZoningVR

Property & Lot

Acres0.82
SqFt Lot35,719
Lot FeaturesCorner Lot, Gentle Sloping, Level, Steep Slope

Amenities & Appliances

Tankless Water Heater • Range • Refrigerator • Dryer

Neighborhood

Park • Walk/Jog Trails • Laundromat • Conservation Area • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
First
Living RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

Flooring - Wall to Wall Carpet

Kitchen
Lvl First

Flooring - Vinyl

Family Room
Lvl First

Flooring - Wall to Wall Carpet

Primary Bedroom
Lvl Second

Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Wall to Wall Carpet

Bedroom 4
Lvl Second

Flooring - Wood

Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Listing Provided By

Listing Agent: Donald Mailloux

Listing Office: Coldwell Banker Community REALTORS®

MLS® Number: 73577280