381 Summer Street Fitchburg — Photo 1 of 35
Recent Drop: $50,000
$625,000
Investment Analysis — 381 Summer Street
Fitchburg, MA 01420
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a home in 01420 carries an estimated $1,140/mo in gross rent — about a 0.48% cap rate and $2,983/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.
Beds
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Style
Other
Built
2015
PROPERTY IS VACANT AND READY TO GO!!! BRING YOUR BUSINESS HERE!! Incredible opportunity to own this new build (2015) Commercial/Residential Mixed Use Building! . Everything is 10 years young! Large exterior footprint with tons of off street parking and an oversized 2 car garage. This "mixed use" building is everything you could want for your business and more. Constructed with superior products, separate work spaces, kitchen area, tons of storage, including the basement (warehouse storage 1009 square feet) and an oversized two car garage with tons of storage.. Lot's of off street parking. Awesome location with high traffic count. Upper floor is a lovely one bedroom apartment with all the bells and whistles. Hardwood, stainless steel appliances, recessed lighting, mini splits and tons of closet space! A great space for the new owner , or to rent out for additional income. QuIck closing possible.
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 MLS and other third-party data may be inaccurate or out of date.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 History
$625,000
Was $650,000
Sep 8, 2026
MLS® 73543676
$650,000
Was $675,000
Sep 1, 2026
MLS® 73543676
$675,000
Jul 1, 2026
MLS® 73543676
$625,000
Jul 1, 2026
MLS® 73543685
$675,000
Jun 30, 2026
MLS® 73457327
$675,000
Jun 30, 2026
MLS® 73457323
$675,000
Nov 23, 2025
MLS® 73457327
$675,000
Nov 23, 2025
MLS® 73457323
Listing Agent: Kathleen Walsh
Listing Office: Keller Williams Realty North Central
MLS® Number: 73543676