193 Milk St Fitchburg — Photo 1 of 30
Recent Drop: $2,000
$428,000
Investment Analysis — 193 Milk St
Fitchburg, MA 01420 — Fitchburg
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 4-bedroom in 01420 carries an estimated $2,500/mo in gross rent — about a 4.24% cap rate and $18,142/yr in estimated NOI at the $428,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,728
Style
Single Family
Built
1915
Discover a blend of classic charm and modern living at 193 Milk St, Fitchburg, MA. This inviting 1728 sq ft single-family residence, built in 1915, is ready for you to move in and begin your next chapter. The kitchen is thoughtfully equipped with matching black appliances, providing a cohesive and functional space for culinary pursuits. The home's full bathroom offers the convenience of a walk-in shower, designed for ease and comfort. This four-bedroom Dutch Colonial, distinguished by its gambrel roof, offers a private yard that includes a fire pit, perfect for outdoor gatherings. A dedicated laundry room adds to the home's practical amenities, while the porch provides a welcoming outdoor extension. The property also benefits from solar panels, contributing to its efficiency, and includes a basement for additional storage or potential future development. A single-car garage provides convenient parking. Don't miss this opportunity, motivated sellers!!!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 864 sq ft (the lesser of 900 sq ft or half the 1,728 sq ft principal dwelling). Lot size: 7,645 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Leased Water Heater • Range • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Public School • University • Sidewalks
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCeiling Fan(s), Flooring - Hardwood, Cable Hookup, Lighting - Overhead
Dining Room
Lvl Main,FirstCeiling Fan(s), Flooring - Hardwood, Lighting - Overhead
Kitchen
Lvl Main,FirstCeiling Fan(s), Flooring - Stone/Ceramic Tile, Lighting - Overhead
Primary Bedroom
Lvl SecondCloset, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wood, Lighting - Overhead
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom - Half, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Property History
$428,000
Was $430,000
Jul 24, 2026
MLS® 73537815
$430,000
Jun 17, 2026
MLS® 73537815
Listing Agent: Denise Santana
Listing Office: EXIT New Options Real Estate
MLS® Number: 73537815
