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22 Basswood Ave Billerica — Photo 1 of 42

22 Basswood Ave Billerica — Photo 1 of 42

$750,000

Investment Analysis — 22 Basswood Ave

Billerica, MA 01821

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01821 carries an estimated $3,890/mo in gross rent — about a 3.68% cap rate and $27,596/yr in estimated NOI at the $750,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,480

Style

Single Family

Built

1945

Updated 3BR Ranch with Legal 1BR In-Law Apartment & 3-Car Heated/Cooled Garage. Conveniently located in a highly desirable neighborhood, this updated 3-bedroom ranch offers exceptional flexibility, modern comforts, and a fully legal 1-bedroom ADU/in-law apartment.New front steps welcome you into a vaulted-ceiling living room filled with natural light. Hardwood floors run throughout the home, complemented by fresh paint and thoughtful updates. The chef’s kitchen features granite countertops, stainless steel appliances, a double oven, hood-vented gas cooktop, and abundant workspace.The primary bedroom includes its own private bath and two walk-in closets with cork flooring. A versatile third bedroom provides the perfect opportunity for a home office, dining room, study, or flex space to suit your needs. At the back of the home, a four-season sunroom overlooks a spacious, private backyard complete with gardens and a storage shed. Step outside to the newly built covered porch with a connecting breezeway from the main home to the oversized 3-car heated and cooled garage—also providing a second separate entrance to the ADU. The ADU offers an open-concept living/dining area, a large bedroom with cork flooring and a walk-in closet, a full bath with full-size laundry, plus its own deck and pull-down attic for additional storage. Major updates include both HVAC systems and a new roof (with metal roofing on the garage). Utilities are shared. Floor plans are attached to MLS paperclip. New Offer Deadline: Friday September 18 by 7pm!

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: 900 sq ft (the lesser of 900 sq ft or half the 2,480 sq ft principal dwelling). Lot size: 32,862 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

Original Price$750,000
Annual Taxes$7,881

Parking

Garage3
Off-Street10

Interior Specifications

Total Rooms10
FireplacesNone
FlooringVinyl, Laminate, Hardwood, Engineered Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
BasementPartial, Bulkhead, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Metal
FoundationConcrete Perimeter, Block
Zoning1

Property & Lot

Acres0.75
SqFt Lot32,862
Lot Features--

Amenities & Appliances

Gas Water Heater • Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1Bathroom 2
Living Room
Lvl First

19 x 11

Ceiling Fan(s), Beamed Ceilings, Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box

Dining Room
Lvl First

10 x 9

Flooring - Hardwood

Kitchen
Lvl First

18 x 15

Skylight, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Gas Stove

Primary Bedroom
Lvl First

19 x 13

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet, Flooring - Laminate

Bedroom 2
Lvl First

9 x 14

Bedroom 3
Lvl First

18 x 8

Ceiling Fan(s), Flooring - Hardwood

Bathroom 1
Lvl First

10 x 6

Bathroom - Tiled With Shower Stall, Flooring - Hardwood

Bathroom 2
Lvl First

5 x 9

Flooring - Vinyl

Listing Provided By

Listing Agent: Susan Mathurin

Listing Office: Advisors Living - Tewksbury

MLS® Number: 73576545