20 Bridge St Russell — Photo 1 of 23
$199,000
Investment Analysis — 20 Bridge St
Russell, MA 01097
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 3-bedroom in 01097 carries an estimated $1,840/mo in gross rent — about a 6.63% cap rate and $13,194/yr in estimated NOI at the $199,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,344
Style
Single Family
Built
1900
Welcome to 20 Bridge St, a charming Victorian-style home in the Woronoco section of Russell. This distinctive two-story property showcases classic architectural character, wood clapboard siding, a steeply pitched gable roof, and a welcoming front entry. The home offers an opportunity to bring its historic charm into the modern era while creating a comfortable residence. Set in a picturesque village setting, the property provides a great opportunity for buyers seeking character, space, and potential. Conveniently located near local amenities, outdoor recreation, and area roadways, this home is ready for its next chapter.
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: 672 sq ft (the lesser of 900 sq ft or half the 1,344 sq ft principal dwelling). Lot size: 7,275 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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Adam Devine
Listing Office: Dorrance Realty LLC
MLS® Number: 73577231