Active
39 Days on market
38 Belmont Street Fitchburg — Photo 1 of 30

38 Belmont Street Fitchburg — Photo 1 of 30

$365,000

Investment Analysis — 38 Belmont 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 4.10% cap rate and $14,961/yr in estimated NOI at the $365,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,174

Style

Single Family

Built

1920

Back on Market! Sellers now offering a closing cost credit to help make this home an even better opportunity. Experience the perfect blend of character, space, and convenience! This lovely home captures your heart from the start with a sweeping screened in porch and a private, fenced in backyard complete with a firepit and mature shade trees. Inside, hardwood flooring brings warmth to the living and dining rooms, beautifully accenting the sunlit spaces and painted brick wall. The well-appointed kitchen features rich dark counters, stainless steel appliances, stylish textured tile backsplash, and abundant storage. A full bath completes the level. Upstairs, versatile, sun-soaked bedrooms, one with built-in shelving, easily adapt to your lifestyle needs. Situated in a prime location just 5 minutes from Route 2, the train station, Fitchburg State University, and vibrant downtown dining! Move right in!

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: 587 sq ft (the lesser of 900 sq ft or half the 1,174 sq ft principal dwelling). Lot size: 5,998 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.

Property Details

Financials

Original Price$365,000
Annual Taxes$4,465

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms6
FireplacesNone
FlooringVinyl, Carpet, Laminate, Hardwood
BasementBulkhead, Unfinished

Climate & Utilities

HeatingSteam, Natural Gas, Electric
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofSlate
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.14
SqFt Lot5,998
Lot FeaturesGentle Sloping, Level

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

21 x 14

Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood

Dining Room
Lvl First

10 x 14

Closet, Flooring - Hardwood

Kitchen
Lvl First

11 x 14

Ceiling Fan(s), Flooring - Laminate, Cabinets - Upgraded, Stainless Steel Appliances

Primary Bedroom
Lvl Second

14 x 14

Ceiling Fan(s), Flooring - Vinyl, Closet - Double

Bedroom 2
Lvl Second

9 x 9

Bedroom 3
Lvl Second

12 x 14

Closet/Cabinets - Custom Built, Flooring - Hardwood

Bathroom 1
Lvl First

10 x 8

Bathroom - Full

Property History

Price Increase
$365,000

Was $349,000

Aug 5, 2026

MLS® 73559425

Listed
$365,000

Aug 5, 2026

MLS® 73559425

Listing Provided By

Listing Agent: Katherine Perrine

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73559425