53-55 Cascade St Fitchburg — Photo 1 of 28
$550,000
Investment Analysis — 53-55 Cascade St
Fitchburg, MA 01420
Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 01420 carries an estimated $2,860/mo in gross rent — about a 3.73% cap rate and $20,493/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,576
Style
Multi Family
Built
1927
Move-in ready two-family offering comfort, convenience, and excellent investment potential! Each spacious unit features 2 bedrooms, 1 full bath, beautiful hardwood floors, updated kitchens, and bright living and dining areas. Enjoy private decks, separate entrances, in-unit laundry, off-street parking, and a shared backyard. Ideally located near schools, parks, shopping, and public transportation, just half a mile from Route 2 for easy commuting. Perfect for owner-occupants looking to offset their mortgage with rental income or investors seeking a turnkey opportunity. Live in one, rent the other, or maximize your investment by renting both!
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Conservation Area
Geography
Property History
$550,000
Sep 22, 2026
MLS® 73580796
$2,300
Feb 18, 2025
MLS® 73322666
$2,300
Jan 2, 2025
MLS® 73322666
$490,000
Dec 9, 2024
MLS® 73303738
$459,000
Oct 17, 2024
MLS® 73303738
Listing Agent: Zolgalys Sanchez
Listing Office: View Real Estate Group
MLS® Number: 73580796