Active
3 Days on market
9 Mount Vernon St Fitchburg — Photo 1 of 36

9 Mount Vernon St Fitchburg — Photo 1 of 36

$870,000

Investment Analysis — 9 Mount Vernon St

Fitchburg, MA 01420

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for the units it does not cover, a 5-unit multi-family in 01420 carries an estimated $7,660/mo in gross rent — about a 7.04% cap rate and $61,250/yr in estimated NOI at the $870,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

5

SqFt

3,688

Style

5-9 Family

Built

1900

Turnkey 5-family Victorian investment opportunity in Fitchburg, fully occupied and generating over $7,500 in gross monthly rental income ($90,000+ annually). This high-performing asset features fully separated heat and electric utilities, keeping owner expenses minimal and maximizing net revenue. Situated just moments from the MBTA Commuter Rail, Fitchburg State University, and downtown shopping and dining, the property enjoys strong year-round tenant demand and negligible vacancy risk. Tenants love the included off street parking. Boasting classic architectural character, reliable cash flow, and low-maintenance operational structure, this prime multi-family property is a top-tier addition to any real estate portfolio.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$870,000
Annual Taxes$8,609

Parking

Garage0
Off-Street7

Interior Specifications

Total Rooms22
FireplacesNone
FlooringWood, Tile, Laminate
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofSlate
FoundationIrregular
ZoningDB

Property & Lot

Acres0.14
SqFt Lot6,307
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • House of Worship • Public School • T-Station • University

Geography

Listing Provided By

Listing Agent: Nicholas L. Pelletier

Listing Office: Keller Williams Realty North Central

MLS® Number: 73581073