126 Payson St Fitchburg — Photo 1 of 42
$399,900
Investment Analysis — 126 Payson St
Fitchburg, MA 01420
Based on rent reported on the MLS listing, a 2-unit multi-family in 01420 carries $1,650/mo in gross rent — about a 2.60% cap rate and $10,408/yr in estimated NOI at the $399,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,118
Style
2 Family - 2 Units Up/Down
Built
1900
Move-In Ready Two-Family Home with In-Law Potential! Welcome to this spacious, move-in-ready two-family home offering flexibility, character, and plenty of living space! The first floor features an updated, spacious kitchen with butcher-block countertops, reset lighting and bamboo hardwood flooring and a convenient half bath. The large dining room is perfect for entertaining and showcases a gorgeous slate wood-burning fireplace, creating a warm and inviting atmosphere during the winter months. Upstairs, the main living space offers the potential for three bedrooms, along with a newly renovated bathroom featuring beautiful ceramic flooring and a relaxing spa tub .Looking for an in-law setup, additional living space, or rental income? The cozy one-bedroom basement apartment offers its own kitchen with new cabinets, providing excellent flexibility for extended family or an additional income opportunity. Enjoy summer barbecues and outdoor gatherings in the backyard while being conveniently located just minutes from Route 2, the commuter train station, Market Basket, shopping, restaurants, parks, and Fitchburg State University. Great location + flexible living options + income potential = an opportunity you won't want to miss!
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Michele Mathieu
Listing Office: LAER Realty Partners
MLS® Number: 73575336
