Active
4 Days on market
406 Lincoln St Fitchburg — Photo 1 of 35

406 Lincoln St Fitchburg — Photo 1 of 35

$490,000

Investment Analysis — 406 Lincoln St

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 2.86% cap rate and $14,020/yr in estimated NOI at the $490,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,700

Style

Single Family

Built

1944

Looking for Move In Ready with Character? Check out this timeless property only minutes from the commuter rail! Hard not to love the exceptional curb appeal from the moment you arrive. The main level offers ultimate convenience with a desirable first-floor bedroom and full bath, large living room with fireplace, updated kitchen and formal dining room. Upstairs features large Main Bedroom as well as an additional bedroom and bathroom. You will love enjoying time on the covered porch and deck overlooking the fenced backyard perfect for pets, play, and peaceful relaxation. Property also features a detached garage! Enjoy the benefit of leased solar panels to keep energy bills low! This charming home seamlessly blends classic architectural details with practical modern upgrades for turnkey living!

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: 850 sq ft (the lesser of 900 sq ft or half the 1,700 sq ft principal dwelling). Lot size: 16,048 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$490,000
Annual Taxes$5,406

Parking

Garage1
Off-Street7

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Hardwood
BasementFull, Unfinished

Climate & Utilities

HeatingNatural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres0.37
SqFt Lot16,048
Lot FeaturesLevel

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBedroom 3Bathroom 1
Living Room
Lvl First

16 x 14

Flooring - Wood

Dining Room
Lvl First

13 x 10

Flooring - Wood

Kitchen
Lvl First

15 x 10

Countertops - Stone/Granite/Solid, Exterior Access, Remodeled, Stainless Steel Appliances, Peninsula

Primary Bedroom
Lvl Second

18 x 10

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

14 x 12

Bedroom 3
Lvl First

13 x 10

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

7 x 6

Bathroom - Full, Bathroom - With Tub & Shower

Bathroom 2
Lvl Second

9 x 5

Bathroom - Full, Bathroom - With Shower Stall

Listing Provided By

Listing Agent: Nicholas L. Pelletier

Listing Office: Keller Williams Realty North Central

MLS® Number: 73574071