Investment Analysis — 24 Lawrence St

Fitchburg, MA 01420 — Fitchburg

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 $3,320/mo in gross rent — about a 7.52% cap rate and $26,322/yr in estimated NOI at the $350,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,344

Style

2 Family - 2 Units Up/Down

Built

1900

Opportunity awaits! Have you wanted to own a home but been concerned about the monthly mortgage payment? This multifamily property may be the opportunity you've been looking for. Live in one unit and rent out the other, allowing the rental income to help offset your monthly housing costs. For investors, this property offers the potential for two rental incomes from one property. This multifamily has seen several recent updates, including a 2026 hot water tank, 2019 boiler, fresh paint, new fencing, and a new balcony deck. With these improvements already completed, this property is ready for its next owner. Whether you're looking to owner-occupy and have rental income help with your expenses or add another property to your investment portfolio, 24 Lawrence Street offers flexibility and opportunity. Move-in ready and ready to go—come see the possibilities!

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 MLS and other third-party data may be inaccurate or out of date.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