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294 E Main St, East Brookfield MA 01515

$619,000

Estimated $1,269.54/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $154,750

Total Rent: 30300/year

Estimated CAP Rate: 4.38%

4 Bedrooms

3 Full, 1 Half Baths

3,534 SqFt

Total Parking: 3 (1 Garage)

4,600 SqFt

NEW SEPTIC TO BE INSTALLED! Prime income-producing waterfront asset on Lake Lashaway. Features three residential units—two 1-bedrooms and one 2-bedroom—plus a flexible commercial space ideal for retail, office, or café. All units are currently rented below market, offering significant upside for increased cash flow. Lease all for maximum return or occupy one and offset expenses. Located on a full-recreational lake with high year-round demand. Strong rental history, flexible zoning, and attractive waterfront setting make this a strategic opportunity. Septic design on file and approved by the town.

This home has been viewed 29 times

Last Checked: July 9th, 2025 at 4:33am (Source: MLS PIN #73399673)

Gross Income: $30,300

Gross Expenses: $3,190

Net Income Calc: $27,110

CAP Rate: 4.38%

Waterfront

Water Views

Annual Expenses for 294 E Main St, East Brookfield MA 01515

Total Gross Expenses (Calculated)$3,190/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,190

Annual Income & Unit Breakdown for 294 E Main St, East Brookfield MA 01515

Total Gross Income (Calculated)$30,300

Unit 1

Rental Income$1,000

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$750

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$775

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Half

Floor1

Levels in Unit1

HeatingYes

Rent Includes

General Information for 294 E Main St, East Brookfield MA 01515

Listing ID73399673

Property TypeMulti Family / 4 Family

Price$619,000 ($175.16/SqFt)

Style4 Family - 4 Units Up/down

CityEast Brookfield

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,534 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking3 (1 Garage)

Garage Parking1 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor SpaceDeck

ZoningC

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontYes

Waterfront FeaturesLake, 1/2 To 1 Mile To Beach, Lake/pond, Waterfront

Energy Features

Terms

Disclosures for 294 E Main St, East Brookfield MA 01515

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureAll measurements are approximate, buyer agent/buye

Building Area SourcePublic Records

Title 5Failed

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$30,300

Total Net Income By Broker$30,300

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 294 E Main St, East Brookfield MA 01515

Real Estate Taxes$3,190

Tax Year2025

Assessed Value$383,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$30,300

BostonRealEstate.com Gross Income

Total Net Income By Broker$30,300

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.38%

Location Information for 294 E Main St, East Brookfield MA 01515

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Public Transportation, Sidewalks

Contact Information for 294 E Main St, East Brookfield MA 01515

Agent

Name: Cliff Leinonen & Cindy Leinonen Team

MLS ID: TEAM0227

Office ID: K95476

Office

Name: Houseworks Realty

MLS Office ID: K95476

Phone: 508-867-0903

Team Members

Name: Cindy Leinonen

MLS ID: K9502573

Office ID: K95476

National Association ID: 453003343

Phone: 508-450-4496

City: East Brookfield

State: MA

Payment Calculator

, Interest

Property Taxes 265.83

Principal & Interest 3814.08

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Houseworks Realty

Cliff Leinonen & Cindy Leinonen Team

Agent Phone

Office Phone

(508) 867-0903

Text Agent Call Agent Call Office

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[owner_occupancy_source] => 
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[pasture_area] => None
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        (
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[perc_test_date] => Unknown
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                    [state] => MA
                    [zip] => 01515
                    [office] => K95476
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[terms] => Array
        (
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[timber_acres] => None
    [title_5] => Failed
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[uffi] => Array
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[water_views_features] => Array
        (
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    [year_built_details] => Approximate
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EXIT

Active

294 E Main St, East Brookfield MA 01515

$619,000

Annual Expenses for 294 E Main St, East Brookfield MA 01515

Annual Income & Unit Breakdown for 294 E Main St, East Brookfield MA 01515

General Information for 294 E Main St, East Brookfield MA 01515

Disclosures for 294 E Main St, East Brookfield MA 01515

Financial Information for 294 E Main St, East Brookfield MA 01515

Location Information for 294 E Main St, East Brookfield MA 01515

Contact Information for 294 E Main St, East Brookfield MA 01515

Agent

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Houseworks Realty

Cliff Leinonen & Cindy Leinonen Team