29 Forest Street Fitchburg — Photo 1 of 33
$624,900
Investment Analysis — 29 Forest Street
Fitchburg, MA 01420
Based on rent reported on the MLS listing, a 3-unit multi-family in 01420 carries $5,300/mo in gross rent — about a 6.81% cap rate and $42,569/yr in estimated NOI at the $624,900 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
3.5
SqFt
3,024
Style
3 Family
Built
1900
Meticulously maintained three-family home in a prime Fitchburg commuter location! This updated and turn-key multifamily offers exceptional income potential for investors or owner-occupants seeking rental revenue, The spacious vacant first-floor unit features three large bedrooms, 1.5 bathrooms, an inviting living area, and an updated kitchen—ideal layout for strong rental demand. The second-floor unit, also offering three bedrooms and one full bath, is equipped with Tesla solar panels to help reduce energy costs for the unit. The third-floor unit provides a comfortable one bedroom, one bathroom setup with excellent natural light and efficient use of space. Recent improvements throughout the property enhance both functionality and appeal. Residents will appreciate ample parking, dedicated storage areas, and in-unit laundry options. Rare opportunity for a clean and updated income producing property - Please visit our Open House on Saturday and Sunday 9/19 and 9/20 from 12-1:00!!
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Microwave
Geography
Property History
$624,900
Sep 13, 2026
MLS® 73576407
$610,000
Apr 27, 2026
MLS® 73485116
$610,000
Mar 11, 2026
MLS® 73485116
Listing Agent: Keith Cordial
Listing Office: Coldwell Banker Realty - Leominster
MLS® Number: 73576407