677 Franklin Rd Fitchburg — Photo 1 of 38
$620,000
Investment Analysis — 677 Franklin Rd
Fitchburg, MA 01420
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 4-bedroom in 01420 carries an estimated $2,500/mo in gross rent — about a 2.63% cap rate and $16,285/yr in estimated NOI at the $620,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,464
Style
Single Family
Built
2005
Welcome to this beautifully maintained 4-bedroom, 2.5-bath Colonial offering over 2,400 square feet of comfortable living space on a spacious 0.62-acre lot. The inviting floor plan features an open kitchen with a pantry, perfect for everyday living and entertaining, along with a front-to-back living room that provides plenty of space to gather and relax. Upstairs, you'll find 4 generously sized bedrooms, including a spacious primary suite complete with a private bath and ample closet space. A partially finished basement offers additional flexible living space for a home office, gym, playroom, or media area. This home has been thoughtfully updated with **solar panels** to help improve energy efficiency and **mini-split heating and cooling systems** for year-round comfort. Step outside to enjoy the back patio, creating the perfect setting for outdoor dining, entertaining, or simply unwinding while overlooking the fenced in backyard. With an attached garage, generous lot, and desirable combination of space, comfort, and modern energy-saving updates, this move-in-ready home is one you won't want to miss! Close to the commuter rail, highway access, shopping, restaurants, and so much more! Easy to show.
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: 900 sq ft (the lesser of 900 sq ft or half the 2,464 sq ft principal dwelling). Lot size: 27,012 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.
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Property Details
Financials
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Interior Specifications
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Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Microwave • Refrigerator • Freezer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
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Lvl SecondListing Agent: Kate Jackson
Listing Office: Coldwell Banker Realty - Leominster
MLS® Number: 73560548