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332 Main St, Ashland, MA 01721
About this home
Beautifully maintained, 5 family investment property located within a short walk to downtown Ashland and just 1 mile from the commuter rail station. This property generates $80K income per year, and yields an impressive 6.4% CAP rate. There are 2 buildings on the property. The main house in the front has 4 units (1 x 3BR, 2 x 2BR, 1 x 1BR) and a very cute carriage house in the rear creates the 5th unit (1BR). All units are fully rented and occupancy rate has averaged 97-98% every year. All the heavy lifting is done with $140K of capital improvements in the last 5 years. 2016 - high efficiency Viessman boiler with 5 zones and densepack insulation. 2017 - vinyl siding and new gutters. 2018 - new asphalt driveway with 10 space parking lot. 2019 - new asphalt roof. All units are well maintained, some with original hardwood floors, some with carpet. Coin op laundry in basement for additional income.
Redfin Estimate
Market trends in 01721, MA
Last updated September 2026
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Seller's Market
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Provided by Redfin
Sale history for 332 Main St
$194/sq ft
$198/sq ft
Tax history for 332 Main St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Has Open Parking
- Parking Spaces: 10
- Parking Features: Paved Drive, Off Street, Assigned, Paved
Interior
- Bathroom Information
- # of Bathrooms (Full): 5
- Basement Information
- Basement: Full, Walk-Out Access, Concrete
- Laundry Information
- Laundry Features: Electric Dryer Hookup, Washer Hookup
- Fireplace Information
- Has Fireplace
- # of Fireplaces (Total): 2
- Fireplace Features: Wood Burning
- Interior Features
- # of Rooms (Total): 25
- Door Features: Insulated Doors, Storm Door(s)
- Window Features: Insulated Windows, Screens
- Flooring: Vinyl, Carpet, Hardwood
- Interior Features: Bathroom with Shower Stall, Living Room, Kitchen, Office/Den
Exterior
- Building Information
- Building Area (Total): 4,245
- Foundation Details: Block, Stone
- Construction Materials: Frame
- Stories (Total): 6
- Year Built Source: Public Records
- Year Built Details: Actual
- Color: Grey
- Exterior Features
- Roof: Shingle
- Exterior Features: Rain Gutters, Professional Landscaping, Garden
- Property Information
- PropertySubType: 5-9 Family
- Green Energy Efficient : Varies per Unit
- Lot Information
- Lot Size (Acres): 0.3
- Road Surface Type: Paved
- Road Frontage Type: Public
- Road Responsibility: Public Maintained Road
Financial
- Tax Information
- Tax Annual Amount: $7,545
- Tax Year: 2020
Utilities
- Utility Information
- Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
- Sewer: Public Sewer
- Water Source: Public
- Electric: 110 Volts, 220 Volts, Circuit Breakers, 200+ Amp Service
- Heating & Cooling
- Has Heating
- Heating: Baseboard, Natural Gas
- Heating Units: 2
- Cooling Units: 0
Location
- Unit #1 Information
- # of Levels: 2
- # of Floors: 2
- Lease: Y
- Unit #2 Information
- # of Levels: 1
- # of Floors: 1
- Lease: Y
- Unit #3 Information
- # of Levels: 1
- # of Floors: 1
- Lease: Y
- Unit #4 Information
- # of Levels: 1
- # of Floors: 1
- Lease: Y
- Location Information
- Directions: From Rt 135, take Main Street toward Ashland center. On the right, across from Matarese Funeral Home
- UnparsedAddress: 332 Main St, Ashland MA 01721
- Community Information
- Senior CommunityYN: No
- Community Features: Public Transportation, Park, Laundromat, House of Worship, Public School, T-Station, Sidewalks
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 0.3 acres
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Middlesex County
- APN: 3294112
Other
- Miscellaneous Information
- Heat Zones: 6
- Listing Information
- StandardStatus: Closed
Around this home
Schools
Public 3-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 0.8mi
Public 9-12 • Assigned • 0.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 97° expected this year, 16 days in 30 years
53% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Nearby similar homes
New listings for sale in 01721
Home values near 332 Main St
| Address | Redfin Estimate |
|---|---|
7 Beds | 4 Baths | 2112 Sq. Ft. | — |
4 Beds | 2 Baths | 1820 Sq. Ft. | $653,978 |
| Address | Redfin Estimate |
|---|---|
7 Beds | 2.5 Baths | 2607 Sq. Ft. | $782,262 |
6 Beds | 6 Baths | - Sq. Ft. | $862,493 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 2094 Sq. Ft. | $703,909 |
6 Beds | 4 Baths | 2422 Sq. Ft. | $823,589 |
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