
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.
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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Listing Agent: Emelyn Cano
Listing Office: Broad Sound Real Estate, LLC
MLS® Number: 73577006

