Active
125 Days on market
70 Myrtle Ave Fitchburg — Photo 1 of 42

70 Myrtle Ave Fitchburg — Photo 1 of 42

Recent Drop: $40,000

$699,900
$659,900

$659,900

Investment Analysis — 70 Myrtle Ave

Fitchburg, MA 01420

Based on rent reported on the MLS listing, a 4-unit multi-family in 01420 carries $6,000/mo in gross rent — about a 7.22% cap rate and $47,668/yr in estimated NOI at the $659,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

4

SqFt

4,404

Style

4 Family

Built

1900

Opportunity to generate over $7,000 in monthly rental income, far exceeding the 1% rule! TWO UNITS WILL BE DELIVERED VACANT, creating an immediate opportunity for an owner-occupant or investor to take advantage of current market rents. Located in the heart of Fitchburg near downtown, Fitchburg State University, the commuter rail, and everyday conveniences, this expansive 4-family offers serious income potential. The property features separate utilities throughout, including in-unit gas furnaces, individual water heaters, four 100-amp electrical panels plus a separate landlord panel, and coin-op laundry available for tenant use. All units are lead compliant. The attached garage offers approximately 432 sq. ft. and may provide future ADU potential, subject to buyer due diligence and necessary approvals. With five off-street parking spaces, strong rental potential, and two vacant units ready for immediate occupancy or lease-up, this is a great opportunity to house hack or add a high-income multifamily property to your portfolio.

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 MLS and other third-party data may be inaccurate or out of date.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$699,900
Annual Taxes$7,052

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms20
FireplacesNone
FlooringVaries
BasementUnfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone, Granite
ZoningRC

Property & Lot

Acres0.09
SqFt Lot3,759
Lot FeaturesCorner Lot

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access

Geography

Property History

Price Drop
$659,900

Was $674,900

Aug 14, 2026

MLS® 73517139

Price Drop
$674,900

Was $675,000

Aug 4, 2026

MLS® 73517139

Price Drop
$675,000

Was $689,900

Jul 21, 2026

MLS® 73517139

Price Drop
$689,900

Was $699,900

Jun 24, 2026

MLS® 73517139

Listed
$699,900

May 12, 2026

MLS® 73517139

Sold
$60,000

Jun 17, 2010

MLS® 71054060

Listed
$89,900

Mar 25, 2010

MLS® 71054060

Listing Provided By

Listing Agent: Candor Investment Group

Listing Office: eXp Realty LLC

MLS® Number: 73517139