127 Payson Street Fitchburg — Photo 1 of 16
$429,999
Investment Analysis — 127 Payson Street
Fitchburg, MA 01420
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01420 carries an estimated $2,130/mo in gross rent — about a 3.40% cap rate and $14,620/yr in estimated NOI at the $429,999 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,008
Style
Single Family
Built
2001
Welcome Home! This beautifully maintained single family home, built in 2001, offers a spacious and inviting open-concept layout with thoughtful updates throughout. The bright kitchen features white cabinetry, granite countertops, stainless steel appliances and recessed lighting, perfect for everyday living and entertaining. The home offers 3 bedrooms and 2 full bathrooms, including updated vanities with bluetooth-enabled lighting, adding a modern touch to the space. Dimmable lighting throughout allows you to create the perfect ambiance for any occasion. The finished basement provides additional living space perfect for a family room, office, gym or entertainment along with a convenient laundry area. A spacious 2 car garage provides ample parking and storage. Other updates include an ADT security system, new front door and new slider. This home is move in ready, offering style, comfort and functionality. Don’t miss the opportunity to make this property your new home!
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: 504 sq ft (the lesser of 900 sq ft or half the 1,008 sq ft principal dwelling). Lot size: 6,991 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Medical Facility • Laundromat • Bike Path • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl nullCeiling Fan(s), Flooring - Hardwood, Open Floorplan
Dining Room
Lvl nullFlooring - Hardwood, Balcony / Deck, Deck - Exterior, Open Floorplan, Recessed Lighting, Slider, Lighting - Overhead
Kitchen
Lvl nullFlooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Master Bedroom
Lvl nullCeiling Fan(s), Flooring - Laminate
Bathroom 1
Lvl nullBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl nullBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Enclosed Shower - Fiberglass
Listing Agent: Jacqueline Solis
Listing Office: Foster-Healey Real Estate
MLS® Number: 73571962