Active

70 Days on market

147 Roosevelt St Fitchburg — Photo 1 of 42

$639,900

Investment Analysis — 147 Roosevelt St

Fitchburg, MA 01420

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01420 carries an estimated $2,130/mo in gross rent — about a 2.00% cap rate and $12,771/yr in estimated NOI at the $639,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,209

Style

Single Family

Built

2008

Welcome to this beautifully maintained home in desirable West Fitchburg, just one mile from the Westminster line. Offering a spacious 3 bedroom home with a bonus room and 2.5 baths, this property features hardwood flooring throughout, a flexible layout, and thoughtful updates designed for today’s lifestyle.The updated kitchen features newer appliances, a double oven range, vent hood, full backsplash, and center island. Enjoy exceptional indoor outdoor living with composite decking, a custom patio complete with a built-in fire pit, detailed hardscaping, and a matching walkway to the driveway. A built in storage shed and irrigation system add convenience to the beautifully maintained exterior.Seller owned solar panels help offset electricity multi zone mini split heating and cooling system, this home offers an energy conscious way of living while providing year-round comfort. The walkout basement provides excellent storage and future expansion potential with direct access to the backyard. Additional highlights include an attached garage and numerous improvements completed over the past several years.Conveniently located near Route 2, the MBTA commuter rail, shopping, restaurants, schools, Wachusett Mountain, and outdoor recreation, this move in ready home offers the perfect combination of location, comfort, and modern amenities.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,209 sq ft principal dwelling). Lot size: 18,548 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.