0 Blossom St Fitchburg — Photo 1 of 1
$199,900
Investment Analysis — 0 Blossom St
Fitchburg, MA 01420
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a home in 01420 carries an estimated $1,140/mo in gross rent — about a 4.40% cap rate and $8,804/yr in estimated NOI at the $199,900 list price. Adjust every assumption in the calculator below.
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Rare opportunity to acquire land at 0 Blossom St, Fitchburg, approved for two duplexes, with plans and permits approved for three single-family homes. The property is being offered with an extensive development package, including architectural plans, utility site plans, stormwater management plans, ANR documentation, and HERS documentation for the proposed three single-family homes. A great opportunity for a builder, developer, or investor looking to take advantage of an already-planned residential development. Much of the design and permitting work has been completed, providing a strong starting point for the next owner. Buyer to perform their own due diligence regarding approvals, permits, utilities, and development requirements.(All documents are attached in MLS).
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 MLS and other third-party data may be inaccurate or out of date.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
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Listing Agent: Danny Hernandez
Listing Office: Coldwell Banker Realty - Leominster
MLS® Number: 73571324