143 Highland Ave Fitchburg — Photo 1 of 33
Recent Drop: $23,000
$517,000
Investment Analysis — 143 Highland Ave
Fitchburg, MA 01420 — Fitchburg
Based on rent reported on the MLS listing, a 2-unit multi-family in 01420 carries $4,350/mo in gross rent — about a 6.74% cap rate and $34,865/yr in estimated NOI at the $517,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,139
Style
Multi Family
Built
1910
PRICE ADJUSTMENT!! LIVE IN ONE, RENT THE OTHER! Owner & Occupant & Investor Opportunity — FULLY VACANT! Just steps from Fitchburg State University, this well maintained two family offers outstanding long term potential. Both units feature hardwood floors, high ceilings, and spacious rooms that enhance comfort and rental appeal. The first-floor unit includes 2 bedrooms and 1 bath and is completely move-in ready—perfect for an owner-occupant or a strong market-rate rental. The second floor unit offers 3 bedrooms,1 full bath, providing excellent flexibility for larger households or premium rental income. Additional highlights include a common laundry area and four off street parking spaces. Conveniently located near downtown amenities, shopping, restaurants, parks, public transportation, and major commuter routes, this property delivers exceptional value. Some photos have been digitally enhanced by AI.
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 MLS and other third-party data may be inaccurate or out of date.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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Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • House of Worship
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Property History
$517,000
Was $530,000
Sep 8, 2026
MLS® 73547121
$530,000
Was $540,000
Aug 11, 2026
MLS® 73547121
$540,000
Jul 9, 2026
MLS® 73547121
$450,000
Sep 11, 2024
MLS® 73268013
$445,000
Jul 22, 2024
MLS® 73268013
Listing Agent: Cassandra Scouten
Listing Office: Coldwell Banker Realty - Leominster
MLS® Number: 73547121