Investment Analysis — 50 Grand 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 5.72% cap rate and $16,474/yr in estimated NOI at the $288,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

756

Style

Single Family

Built

1965

Set on a desirable corner lot in West Fitchburg, this charming and affordable single-family home built in 1965 offers comfortable, easy living. With 2–3 bedrooms or a 3rd flex room, and a thoughtfully updated interior, it’s ideal for a first-time buyer or those looking to downsize. Inside, you’ll find an updated bathroom, a freshly painted kitchen and cabinets, and newly painted living and hallway spaces. New flooring in the living room and hall enhances the home’s bright and welcoming feel. Though it offers 756 square feet of living space, the layout feels spacious—perfect for creating a cozy and functional home environment. Easy access to the utility room right off the kitchen. There is off street parking for 2 cars and an 8X8 storage shed in the yard. New roof in 2014, and the siding and new living room window in 2019.

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: 378 sq ft (the lesser of 900 sq ft or half the 756 sq ft principal dwelling). Lot size: 4,591 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.

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