68 Middle Street Fitchburg — Photo 1 of 9
$75,000
Investment Analysis — 68 Middle 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 13.71% cap rate and $10,283/yr in estimated NOI at the $75,000 list price. Adjust every assumption in the calculator below.
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**SHOVEL-READY BUILDING LOT!** Skip the lengthy planning and permitting process and get your next project underway! This level lot offers **town water & sewer** and will convey fully permitted, including the building permit, HERS rating and house plans for an attractive 3-bedroom, 2.5-bath two story home offering approximately 1,616' of living area with an attached 1-car garage. A great opportunity for a builder looking to start a fall project and be positioned for the spring market, or for a buyer ready to build a brand-new home of their own. Conveniently located just steps from the Twin Cities Rail Trail, offering easy access to miles of paved trail for walking and biking. With much of the preliminary work already completed, this is an opportunity to save valuable time and move directly toward construction.
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 MLS and other third-party data may be inaccurate or out of date.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
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Public Transportation • Shopping • Walk/Jog Trails • Golf • Medical Facility • Private School
Geography
Listing Agent: Cory Gracie
Listing Office: LAER Realty Partners
MLS® Number: 73569893