Active
5 Days on market
7 The Clearing Street Lunenburg — Photo 1 of 1

7 The Clearing Street Lunenburg — Photo 1 of 1

$150,000

7 The Clearing Street, Lunenburg, MA 01462

Lunenburg, MA 01462

Beds

2

Baths

1

SqFt

907

Style

Single Family

Built

1925

WHOLESALE OPPORTUNITY — INVESTOR/BUILDER SPECIAL. 907 SF bungalow NOT a cosmetic renovation, in need of full rehab or tear down & build new. Has septic which is expected to fail, but sewer is on street and house is only setback about 10'; should be an easy connection. Potential to add an ADU, Has frontage on The Clearing St. & Florence St. Estimated rehab: $100,000, Projected ARV: $375,000. All-in basis: $250,000 before closing/holding costs, Potential $125K+ gross spread between estimated all-in cost and ARV. Great opportunity for an experienced investor looking for a full renovation project with significant upside. Will not qualify for traditional financing; CASH or Private Funding. Agents & Buyers should conduct their own due diligence and independently verify all information. Seller & Listing Agent make no warranties or representations.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$165/sqft
Local Avg (Lunenburg)$361/sqft
54% BelowMarket Average

* Analysis is based on 19 actively listed and recently sold comparable properties strictly within Lunenburg, MA.

Property Details

Financials

Original Price$150,000
Annual Taxes$3,439

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingNatural Gas
CoolingNone
WaterPublic
SewerPublic Sewer, Private Sewer, Other

Building & Exterior

Construction--
RoofShingle
FoundationOther
ZoningRA

Property & Lot

Acres0.17
SqFt Lot7,318
Lot FeaturesLevel

Geography

Population

11,919

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

Median Household Income

$113K

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

Renter-Occupied Homes

19.3%

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

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

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

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: 454 sq ft (the lesser of 900 sq ft or half the 907 sq ft principal dwelling). Lot size: 7,318 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.

Listing Provided By

Listing Agent: Mark Cirignano

Listing Office: OmegaListings.com, Inc.

MLS® Number: 73572075

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