Back to Search
Active
4 Days on market
50 South St Fitchburg — Photo 1 of 18

50 South St Fitchburg — Photo 1 of 18

$399,999

Investment Analysis — 50 South 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 8.54% cap rate and $34,160/yr in estimated NOI at the $399,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

--

SqFt

2,948

Style

2 Family - 2 Units Side by Side

Built

1910

Amazing 1910 two-family on a 0.24-acre corner lot with addresses on both Walnut St and South St! Two separate units, each with 5 rooms, 3 bedrooms, 1 full bath and its own kitchen, for 10 rooms and 6 bedrooms total with approx. 2,948 sq ft of living space. Hardwood floors, oil-fired forced hot water heat, and a full, partially finished basement offering extra space for storage or a workshop. Attached one-car garage, storage shed, plus both open and enclosed porches. City water, city sewer and natural gas available. A great opportunity for an owner-occupant looking to offset the mortgage with rental income, or an investor adding a multi-family to their portfolio. Very walkable location. Don't miss this chance to own a two-family in Fitchburg!

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 MLS and other third-party data may be inaccurate or out of date.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

Property Details

Financials

Original Price$399,999
Annual Taxes$4,691

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms11
FireplacesNone
Flooring--
BasementFull, Partially Finished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningRC

Property & Lot

Acres0.24
SqFt Lot10,421
Lot FeaturesCorner Lot

Geography

Listing Provided By

Listing Agent: Shay Vaezzadeh

Listing Office: OWN IT

MLS® Number: 73586027