Active
5 Days on market
3 Lynn Street Fitchburg — Photo 1 of 12

3 Lynn Street Fitchburg — Photo 1 of 12

$299,000

Investment Analysis — 3 Lynn Street

Fitchburg, MA 01420

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 01420 carries an estimated $3,230/mo in gross rent — about a 8.41% cap rate and $25,161/yr in estimated NOI at the $299,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2

SqFt

1,365

Style

Multi Family

Built

1900

Priced to sell! This 2 Family is located in the heart of Fitchburg with plenty of parking. Unit #1 is vacant and ready for occupancy and offers 5 generous rooms which includes 3 bedrooms and full bath with laundry hook ups, large eat in kitchen, wood floors throughout. Unit #2 consists of 4 rooms, 2 bedrooms and 1 full bath, wood floors and porch, this building also has plenty of storage in the basement & the seller has recently added in 2024 full insulation top to bottom by Moc. Ideal Fitchburg location ,close to area amenities including downtown shops and restaurants, Fitchburg State University, commuter rail, parks, schools, shopping, medical services, and major interchanges.

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 MLS and other third-party data may be inaccurate or out of date.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$299,000
Annual Taxes$4,297

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms9
FireplacesNone
FlooringWood
BasementFull, Unfinished

Climate & Utilities

HeatingNatural Gas, Electric
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationStone
ZoningRC

Property & Lot

Acres0.08
SqFt Lot3,454
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Highway Access • T-Station

Geography

Listing Provided By

Listing Agent: Deborah Muldoon

Listing Office: Express Realty NE LLC

MLS® Number: 73577502