Active

103 Days on market

21 Oakland St Fitchburg — Photo 1 of 42

$625,000

Investment Analysis — 21 Oakland 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 $4,260/mo in gross rent — about a 5.08% cap rate and $31,754/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

2,958

Style

Multi Family

Built

1900

Back on market through no fault of the sellers. Vacant, fully remodeled, and lead-compliant, this turnkey two-family property offers massive income potential with 12 garage bays and a large barn. Ideal for contractors, landscapers, or generating extra cash flow from parking rentals, both spacious units were stripped to the studs and completely renovated in 2022. Each open-concept layout features high 9-foot ceilings, three large bedrooms, a modern bathroom, new flooring, new heating, and new electrical systems. The kitchens are beautifully upgraded with granite countertops and stainless steel appliances. Additionally, the second-floor unit includes a bonus sitting room or office space that opens directly to the front porch. Vacant, easy to show, and completely move-in ready, this rare investment opportunity will not last!

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 MLS and other third-party data may be inaccurate or out of date.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