208 Woodland St Fitchburg — Photo 1 of 33
$530,000
Investment Analysis — 208 Woodland St
Fitchburg, MA 01420
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 2-unit multi-family in 01420 carries an estimated $3,470/mo in gross rent — about a 4.86% cap rate and $25,764/yr in estimated NOI at the $530,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,878
Style
Multi Family
Built
1930
Charm and curb appeal gives this two-family home the look and feel of a quaint single-family while offering the flexibility and income potential of a multi-family! Ideally located with views of Park Hill Park, this property is filled with timeless character, hardwood floors, built-ins, and sun-filled, spacious rooms. The larger first-floor unit features 3 bedrooms and a generous living room, while the second-floor unit offers a spacious 1-bedroom layout plus bonus space perfect for a home office. A brand-new mini-split system provides efficient heating in the winter and cooling in the summer. Home was also recently insulated from basement to attic, increasing efficiency and saving on energy bills. Separate electric meters add convenience, and the detached one-car garage is a great bonus. Perfect for multi-generational living, owner-occupants looking to offset their mortgage with rental income, or investors seeking a distinctive two-family property in a great location. Don't miss this one!
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Public School
Geography
Listing Agent: Kevin Cormier
Listing Office: EXIT New Options Real Estate
MLS® Number: 73569007
