Active

8 Days on market

41 Smith St Fitchburg — Photo 1 of 40

$329,900

Investment Analysis — 41 Smith 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 4.60% cap rate and $15,192/yr in estimated NOI at the $329,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,500

Style

Single Family

Built

1908

Welcome home! Nestled in a wonderfully quiet and peaceful neighborhood, this charming Colonial offers an incredible opportunity to put down roots and make a property truly your own. Set on a nice-sized double lot, the fully fenced-in yard is a private oasis ready for outdoor gatherings, gardening, or simply relaxing in the fresh air. Inside, the heart of the home is an exceptionally large eat-in kitchen complete with a pellet stove to help with those cold winter nights, a convenient breakfast bar, and lots of cabinets—the ultimate gathering space for family and friends to connect, cook, and enjoy everyday moments together. The main level also features a bright and sunny formal dining room, a flexible first-floor bedroom, a full bath, and a good sized living room. Upstairs, you will find two generously sized bedrooms and a second extremly large full bath, with so much potential! While this home is very livable and structurally sound, it does need a few cosmetic updates to make it shine even brighter! Bring your creative ideas and your vision to transform this lovely property into the home you've been waiting for. Join us for the Open House this Sunday, October 4th, 2026, from 11:00 AM to 12:30 PM!

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: 750 sq ft (the lesser of 900 sq ft or half the 1,500 sq ft principal dwelling). Lot size: 9,182 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.