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12 Days on market

567 Milk St Fitchburg — Photo 1 of 42

$399,900

Investment Analysis — 567 Milk 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 4.63% cap rate and $18,506/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,232

Style

Single Family

Built

1920

Welcome to this charming 4-bedroom, 1-bath home nestled on a quiet residential street in Fitchburg MA. A spacious, beautiful porch welcomes you in, while the spacious backyard offers plenty of room for entertaining, outdoor activities, or relaxing. Inside, the home has been thoughtfully updated with refinished hardwood floors and new flooring throughout. The first floor features abundant natural light and a flowing floor to create a bright and inviting feel throughout the home. Cozy up in your modern updated family room that flows seamlessly to a formal dinning room and updated kitchen featuring stainless steel appliances. Conveniently located close to Coggshall Park, highway access, shopping, dining, and everyday amenities, this move-in-ready home offers a wonderful combination of updates, space, and location. A well-maintained, move-in-ready home offering the perfect balance of indoor comfort, outdoor space and convenience.

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: 616 sq ft (the lesser of 900 sq ft or half the 1,232 sq ft principal dwelling). Lot size: 12,502 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.