
70 Myrtle Ave Fitchburg — Photo 1 of 42
Recent Drop: $40,000
$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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Property History
$659,900
Was $674,900
Aug 14, 2026
MLS® 73517139
$674,900
Was $675,000
Aug 4, 2026
MLS® 73517139
$675,000
Was $689,900
Jul 21, 2026
MLS® 73517139
$689,900
Was $699,900
Jun 24, 2026
MLS® 73517139
$699,900
May 12, 2026
MLS® 73517139
$60,000
Jun 17, 2010
MLS® 71054060
$89,900
Mar 25, 2010
MLS® 71054060
Listing Agent: Candor Investment Group
Listing Office: eXp Realty LLC
MLS® Number: 73517139