Single Family Residence at 7 The Clearing Street, Lunenburg MA 01462
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$150,000

7 The Clearing Street, Lunenburg MA 01462
Lunenburg, MA 01462
Listed by Mark Cirignano
Bedrooms
2
Bathrooms
1
Living area
907 sqft
Year built
1925

About this home

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.

Property details

MLS
MLS Property Information Network
MLS #
73572075
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
47
On market date
September 4, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
2
Lot size
0.17 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Johnny Appleseed
1.6 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
659
Student:teacher ratio
14.0:1
District
Leominster
Middle
Lunenburg Middle School
2.4 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
402
Student:teacher ratio
13.9:1
District
Lunenburg
High
Goodrich Academy
1.56 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
158
Student:teacher ratio
19.8:1
District
Fitchburg

Walkability

Blended score for Lunenburg's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

58
Somewhat walkable
out of 100
EPA National Walkability Index
8.5 / 20 -- Below average walkable
Google Places amenity density
82 / 100
Restaurants & cafes20
Grocery stores5
Parks4
Schools0
Transit stops2
Pharmacies3

Market position

How this listing compares to current activity in Lunenburg, from live MLS data.

On the market 47 days -- 39 fewer days than Lunenburg's current average of 86 days.
For reference, the median list price across 110 active listings in Lunenburg right now is $550,900.

Mortgage calculator

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Est. monthly payment
$1,053/mo
$30,000 down
$120,000 loan
Principal & interest$778
Property tax (est.)$125
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 8, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.