21 Winthrop St Fitchburg — Photo 1 of 6
Recent Drop: $59,900
$640,000
Investment Analysis — 21 Winthrop St
Fitchburg, MA 01420
Based on rent reported on the MLS listing, a 3-unit multi-family in 01420 carries $5,850/mo in gross rent — about a 7.64% cap rate and $48,871/yr in estimated NOI at the $640,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
3
SqFt
2,898
Style
3 Family
Built
1900
One unit Vacant at closing!! This well-maintained three-family property offers strong investment fundamentals with tenants paying all utilities, helping keep operating expenses low. Recent capital improvements include an updated electrical service and newer water heaters, providing peace of mind for the next owner.Situated on a generous corner lot, the property also includes the adjacent lot, offering additional outdoor space and potential future possibilities (buyers to perform their own due diligence regarding permitted uses). Off-street parking, a large yard, and a desirable layout further enhance tenant appeal.Conveniently located near downtown Fitchburg, Route 2, the MBTA Commuter Rail, shopping, restaurants, schools, and local employers, this property is well-positioned to attract and retain tenants.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Property History
$640,000
Was $650,000
Sep 11, 2026
MLS® 73544910
$650,000
Was $670,000
Aug 19, 2026
MLS® 73544910
$670,000
Was $675,000
Aug 19, 2026
MLS® 73544910
$675,000
Was $699,900
Jul 21, 2026
MLS® 73544910
$699,900
Jul 6, 2026
MLS® 73544910
Listing Agent: Raquel Medina
Listing Office: Lock and Key Realty Inc.
MLS® Number: 73544910