Active
56 Days on market
142 Madison St Fitchburg — Photo 1 of 5

142 Madison St Fitchburg — Photo 1 of 5

$620,000

Investment Analysis — 142 Madison St

Fitchburg, MA 01420 — Fitchburg

Based on rent reported on the MLS listing, a 3-unit multi-family in 01420 carries $3,075/mo in gross rent — about a 3.52% cap rate and $21,824/yr in estimated NOI at the $620,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

3

SqFt

3,591

Style

3 Family

Built

1920

Exceptional Investment Opportunity in Fitchburg, MA – Well-Maintained 3-Family with Strong Rental History! Don't miss your chance to own this well-maintained 3-family property in the heart of Fitchburg, one of Central Massachusetts' fastest-growing communities. Whether you're looking to expand your investment portfolio or begin building long-term wealth through real estate, this income-producing multi-family home offers the perfect combination of stability, location, and future potential.This property has a proven rental history with consistent occupancy and has been thoughtfully maintained over the years, providing peace of mind for both seasoned and first-time investors. Spacious units, dependable rental income, and pride of ownership make this a standout opportunity. Ideally situated just minutes from shopping, restaurants, public transportation, commuter routes, schools, parks, and medical facilities.

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 MLS and other third-party data may be inaccurate or out of date.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$620,000
Annual Taxes$6,220

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms18
FireplacesNone
FlooringWood, Vinyl
BasementFull

Climate & Utilities

HeatingCentral
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationConcrete Perimeter, Stone
ZoningRC

Property & Lot

Acres0.16
SqFt Lot6,991
Lot Features--

Amenities & Appliances

Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Listing Provided By

Listing Agent: Rosemarie Ledogar

Listing Office: R. D. Ledogar Real Estate

MLS® Number: 73551957