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4 Days on market

525 North St Fitchburg — Photo 1 of 42

$510,000

Investment Analysis — 525 North St

Fitchburg, MA 01420

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 4-bedroom in 01420 carries an estimated $2,500/mo in gross rent — about a 3.35% cap rate and $17,087/yr in estimated NOI at the $510,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,666

Style

Single Family

Built

1870

First time offered in over 40 years! This well-loved 4-bedroom, 2.5-bath Colonial presents a rare opportunity to own a home that has been cherished by the same family for decades. A welcoming 3-season front porch provides additional seasonal living space and leads into a distinctive foyer featuring a unique cannel coal fireplace, adding character and charm. Through elegant pocket doors, the spacious living room flows seamlessly into the formal dining room and kitchen, creating a classic layout ideal for everyday living and entertaining. A side mudroom entrance from the driveway offers abundant closet storage and access to the impressive cathedral-ceiling great room, complete with multiple heating options, a sink, and refrigerator, making it a versatile space for gatherings year-round. The main level also features two full bathrooms for added convenience. Upstairs, you'll find four generously sized bedrooms and a half bath. The main house basement provides excellent storage, built-in closets, and laundry space. Additional garage and basement areas offer tremendous bonus space, perfect for poolside entertaining, recreation, hobbies, or storage. Step outside to enjoy the privately situated in-ground pool featuring a newer liner and pool pump, creating your own backyard retreat. Conveniently located near Coolidge Park with walking trails, playgrounds, and sports fields, and just a short walk to Fitchburg State University and McKay School. Enjoy easy access to local amenities, restaurants, shopping, commuter rail service, and more. A truly special property offering space, character, and an exceptional location!

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: 900 sq ft (the lesser of 900 sq ft or half the 2,666 sq ft principal dwelling). Lot size: 13,212 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.