564 Fairmount St Fitchburg — Photo 1 of 33
$419,000
Investment Analysis — 564 Fairmount St
Fitchburg, MA 01420
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 2-unit multi-family in 01420 carries an estimated $3,000/mo in gross rent — about a 5.34% cap rate and $22,358/yr in estimated NOI at the $419,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,509
Style
Multi Family
Built
1900
Come on out and be the first to see this new to market well-maintained two family home in Fitchburg. Great location on a quiet street perfect for an owner occupant looking to offset their mortgage. This property features a two car garage. vinyl siding and windows. recently updated all new electrical service throughout. Completely separate utilities. laundry hook up in basement. Each apartment has new peerless boilers for forced hot water heating. Newer water heaters. No neighbors in the front or back of house. First floor has two bedrooms with wood-stove. 2nd Floor has one bedroom with updated kitchen.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Kenneth Maston
Listing Office: Keller Williams Realty North Central
MLS® Number: 73578628