Active
47 Days on market
8 Hawes St Fitchburg — Photo 1 of 31

8 Hawes St Fitchburg — Photo 1 of 31

Recent Drop: $101,000

$650,000
$549,000

$549,000

Investment Analysis — 8 Hawes St

Fitchburg, MA 01420

Based on rent reported on the MLS listing, a 3-unit multi-family in 01420 carries $1,400/mo in gross rent — about a 1.16% cap rate and $6,385/yr in estimated NOI at the $549,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

3

SqFt

3,308

Style

3 Family

Built

1910

MOTIVATED SELLER! Unique 3-family investment opportunity in a desirable, high-demand rental area near Fitchburg State University and the Fitchburg commuter rail. Longtime family-owned and being offered for sale for the first time, this property can now be delivered VACANT, giving the new owner flexibility from day one. Currently configured as a spacious 6-bedroom, 1-bath unit, a separate 1-bedroom, 1-bath unit, and a studio apartment. This unique configuration offers investors the option to maintain the larger 6-bedroom unit or reconfigure the property into two 3-bedroom, 1-bath units and one 1-bedroom, 1-bath unit with relatively minor modifications, primarily involving closing one existing doorway. No major structural changes are believed to be necessary. Inside, you'll find beautiful hardwood floors, generous living spaces, and a flexible layout that offers plenty of options. Additional features include off-street parking for up to 6 vehicles, a fenced yard, and classic Victorian charm. Whether you choose to maintain the current configuration or create more traditional 3-bedroom units, this property offers exceptional flexibility. See more of the property and its unique layout options in our PROPERTY VIDEO: youtu.be/7PkpVGvX2_Q

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 MLS and other third-party data may be inaccurate or out of date.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$650,000
Annual Taxes$6,383

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms13
FireplacesNone
Flooring--
BasementFull, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationBrick/Mortar
ZoningRA

Property & Lot

Acres0.23
SqFt Lot10,184
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Property History

Price Drop
$549,000

Was $595,000

Sep 1, 2026

MLS® 73555528

Price Drop
$595,000

Was $650,000

Aug 9, 2026

MLS® 73555528

Listed
$650,000

Jul 28, 2026

MLS® 73555528

Listing Provided By

Listing Agent: The King Team

Listing Office: Pradium Realty

MLS® Number: 73555528