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354 Massachusetts Ave, Lunenburg, MA, 01462

3beds
2baths
1,821sqft
$419,900
$231price/sqft
$3,124/moest. monthly cost
$124,960/yrincome needed

About This Home

Opportunity awaits with this spacious 3-bedroom home offering flexible living space and Commercial Zoning! The sun-filled living room features brand-new carpeting, creating a warm and inviting gathering space. The oversized kitchen flows seamlessly into the dining room, where sliders lead to the back deck—perfect for outdoor entertaining. A convenient first-floor laundry room and half bath add to the home's functionality. Upstairs you'll find three comfortable bedrooms and a full bath, while the third floor offers two bonus rooms ideal for a home office, playroom, guest space, or hobby area. Conveniently located near major commuter routes, shopping, and dining, this property offers endless possibilities for homeowners or those seeking a live/work opportunity. Buyers to perform their own due diligence regarding permitted commercial uses.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

6/10
7/10
Lunenburg Middle SchoolGrades 6-81.8 mi
8/10
Lunenburg High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1875

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater,Range,Dishwasher,Refrigerator
  • Laundry features: Bathroom - Half,Main Level,Electric Dryer Hookup,Washer Hookup,First Floor

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Interior Entry,Bulkhead,Unfinished

Bathroom1

  • Features: Bathroom - Half, Flooring - Vinyl, Dryer Hookup - Electric, Washer Hookup
  • Level: First

Bathroom2

  • Features: Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Vinyl
  • Level: Second

Bedroom2

  • Features: Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
  • Level: Second

Bedroom3

  • Features: Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring - Laminate, Deck - Exterior, Exterior Access, Slider, Lighting - Overhead
  • Level: Main,First

Features

  • Closet,Lighting - Overhead,Bonus Room,Walk-up Attic
  • Flooring: Vinyl / VCT,Carpet,Laminate,Hardwood,Flooring - Hardwood
  • Finished area above ground: 1,821

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,821
  • Total interior livable area: 1,821 sqft

Kitchen

  • Features: Flooring - Vinyl, Stainless Steel Appliances
  • Level: Main,First

Living Room

  • Features: Flooring - Wall to Wall Carpet, Window(s) - Picture, Exterior Access, Lighting - Overhead
  • Level: Main,First

Master Bedroom

  • Features: Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
  • Level: Second

Property

Details

  • Parcel number: M:0074 B:0007 L:0000,1597503
  • Zoning: C

Features

  • Patio & porch: Deck
  • Exterior features: Deck

Lot

  • Lot size: 0.49 Acres
  • Features: Wooded,Level

Parking

  • Total spaces: 6
  • Parking features: Off Street,Stone/Gravel
  • Uncovered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Hurricane
Ice Storm
Strong Wind

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,123$25,476
Home Insurance *$142$1,704
Property Taxes $500$6,000
Electricity $359$4,309
Total$3,124$37,488
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,108/yr
40% on housing$93,720/yr
45% on housing$83,306/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$231This listing

vs Other Active Listings

Avg $/sqft

ZIP 01462$253
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01462$275
Worcester County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-08Listed for sale$419,900
2026-06-10Listing removed$2,299
2026-05-08Price change$2,299
2026-01-13Price change$2,399
2025-12-29Price change$2,499
2025-12-05Price change$2,599
2025-11-28Price change$2,699
2025-11-18Listed for rent$2,799
2021-02-26Listing removed--
2020-08-11Listing removed$1,599
2020-07-31Listed for rent$1,599
2000-07-31Sold$95,000

For Sale by Agent

AgentLynn Walsh
BrokerageColdwell Banker Realty - Leominster

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