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72 Mount Vernon St Fitchburg — Photo 1 of 36

72 Mount Vernon St Fitchburg — Photo 1 of 36

$450,000

Investment Analysis — 72 Mount Vernon 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 3.92% cap rate and $17,622/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

2,015

Style

Single Family

Built

1910

Welcome to 72 Mount Vernon Street! This recently renovated single family home offers over 2,600 sq. ft. of living space featuring 4 bedrooms, 3 full bathrooms, a finished basement, and a finished attic providing plenty of additional space. The first floor also features an additional family room that offers great flexibility and could potentially be used as a 5th bedroom, home office, or playroom. Major improvements include a forced-air gas heating system installed in 2024. The property also features a 2 car garage and a large paved driveway providing parking for approximately 7 additional vehicles. Conveniently located near downtown Fitchburg, shopping, restaurants, schools, parks, public transportation, and major routes, this spacious and move in ready home offers an excellent combination of comfort, versatility, 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: 900 sq ft (the lesser of 900 sq ft or half the 2,015 sq ft principal dwelling). Lot size: 4,304 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.

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Property Details

Financials

Original Price$450,000
Annual Taxes$5,178

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile, Vinyl
BasementFinished, Garage Access

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionStone
RoofSlate
FoundationConcrete Perimeter, Stone
ZoningRC

Property & Lot

Acres0.1
SqFt Lot4,304
Lot Features--

Neighborhood

Public Transportation

Geography

Listing Provided By

Listing Agent: Emelyn Cano

Listing Office: Broad Sound Real Estate, LLC

MLS® Number: 73577006