
8 Hawes St Fitchburg — Photo 1 of 31
Recent Drop: $101,000
$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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Property History
$549,000
Was $595,000
Sep 1, 2026
MLS® 73555528
$595,000
Was $650,000
Aug 9, 2026
MLS® 73555528
$650,000
Jul 28, 2026
MLS® 73555528
Listing Agent: The King Team
Listing Office: Pradium Realty
MLS® Number: 73555528