40 Edwards St Fitchburg — Photo 1 of 19
Recent Drop: $14,000
$665,000
Investment Analysis — 40 Edwards St
Fitchburg, MA 01420
Based on rent reported on the MLS listing, a 3-unit multi-family in 01420 carries $5,400/mo in gross rent — about a 6.58% cap rate and $43,776/yr in estimated NOI at the $665,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
3
SqFt
2,508
Style
3 Family - 3 Units Up/Down
Built
1905
FOR SALE | $670,000 | 3-Unit Multi-Family | 40 Edwards St, Fitchburg, three-family asset delivering $5,400 monthly — $64,800 annually — in gross rental income. Extensively capital-improved with new electrical service, sub-metered panels, full plumbing replacement, and updated unit-level electrical throughout. Two renovated units feature granite countertops, modern cabinetry, mini-split HVAC, updated flooring, and stainless steel appliances. Exterior freshly painted. Off-street parking. Owner-paid water. Strong in-place tenancy with immediate cash flow and value-add upside on the third unit. Ideal for the 1031 exchange buyer or portfolio investor seeking a low-maintenance, income-producing asset in a growing Central Massachusetts market. Images used are from before the rental agreements
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 MLS and other third-party data may be inaccurate or out of date.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
$665,000
Was $670,000
Sep 11, 2026
MLS® 73528118
$670,000
Was $679,000
Jun 5, 2026
MLS® 73528118
$679,000
Jun 2, 2026
MLS® 73528118
$475,000
Apr 5, 2025
MLS® 73354336
$475,000
Apr 3, 2025
MLS® 73354336
Listing Agent: Edward Perez
Listing Office: Edward Perez
MLS® Number: 73528118