
27 Irene Ave Billerica — Photo 1 of 42
Recent Drop: $14,000
$875,000
Investment Analysis — 27 Irene 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 3.05% cap rate and $26,687/yr in estimated NOI at the $875,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,401
Style
Single Family
Built
1992
Welcome to this beautifully maintained Center Entrance Colonial offering the perfect blend of privacy, convenience, and modern updates. Set on a quiet dead-end street and backed by conservation land, the home enjoys a peaceful, private backdrop with mature landscaping and a level backyard ideal for outdoor living.Inside, you’ll find 4 bedrooms and 2.5 recently renovated bathrooms featuring fresh finishes. The main level flows seamlessly into an expansive great room above the two-car garage—a standout space perfect for entertaining, hosting game days, or creating a multi-purpose retreat.A charming screened-in porch invites you to relax and enjoy the surrounding wildlife, while vinyl siding and composite decking ensure low-maintenance living year-round. The walk-out basement offers exciting potential for multigenerational living, a guest suite, or future finished space tailored to your needs.Additional highlights include a spacious driveway, level backyard, and mature landscaping that enhances the home’s curb appeal.Perfectly situated near the Burlington and Wilmington line, this location provides easy access to the commuter rail, Route 3, 128, 495, and a wide variety of shopping and dining destinations.Move right in and enjoy comfort, convenience, and flexible living spaces in a serene setting.
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 2,401 sq ft principal dwelling). Lot size: 11,792 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
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island
Primary Bedroom
Lvl SecondFlooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood
Bedroom 4
Lvl ThirdFlooring - Laminate
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower
Property History
$875,000
Was $889,000
Sep 9, 2026
MLS® 73562638
$889,000
Aug 12, 2026
MLS® 73562638
Listing Agent: Beth Clark
Listing Office: Coldwell Banker Realty - Andovers/Readings Regional
MLS® Number: 73562638