Investment Analysis — 815-819 River St

Fitchburg, MA 01420

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 3-unit multi-family in 01420 carries an estimated $4,760/mo in gross rent — about a 7.41% cap rate and $37,692/yr in estimated NOI at the $509,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

3.5

SqFt

2,972

Style

3 Family

Built

1860

Back on Market! Don’t miss this exceptional opportunity to own a spacious, newly renovated three-family property—perfect for both owner-occupants and savvy investors. Each unit has been thoughtfully updated, offering modern comfort and strong rental appeal. The one bed and three bed units are currently leased, providing immediate and reliable income. The first unit spans two levels and features three generously sized bedrooms, along with a bright living room and a separate dining area—ideal for comfortable living. The second unit also offers a two-level layout with two well-proportioned bedrooms. The third unit is a charming one-bedroom apartment complete with a cozy living space, dining area, and kitchen. With its recent renovations, full occupancy, and excellent income potential, this property is a standout investment in today’s market. EASY TO SHOW – Schedule your private viewing today!

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 MLS and other third-party data may be inaccurate or out of date.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