305 Mount Vernon St Fitchburg — Photo 1 of 37
Recent Drop: $15,000
$525,000
Investment Analysis — 305 Mount Vernon St
Fitchburg, MA 01420
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01420 carries an estimated $2,130/mo in gross rent — about a 2.56% cap rate and $13,448/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,536
Style
Single Family
Built
2000
Welcome home to this charming young Colonial, set back from the road on a private half-acre lot. Enjoy the welcoming farmers porch, spacious deck, and large backyard, perfect for relaxing or entertaining. Inside, beautiful hardwood floors and abundant natural light complement the open-concept kitchen and dining area, featuring a breakfast bar and plenty of cabinet space. The home offers 3 bedrooms, 2 baths, recessed lighting, and a spacious primary suite, plus finished lower-level space ideal for a family room, home gym, or office. Recent updates include a 5-zone mini-split system and new water heater (both 2023), while solar panels provide energy savings with a rate locked in at nearly half today’s electricity costs. Conveniently located near Fitchburg State University, commuter rail, downtown, Hollis Hills Farm, and Burbank Hospital, this move-in-ready home offers the perfect blend of comfort, privacy, and convenience.
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: 768 sq ft (the lesser of 900 sq ft or half the 1,536 sq ft principal dwelling). Lot size: 21,710 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
Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Flooring - Hardwood
Dining Room
Lvl FirstFlooring - Wood, Open Floorplan
Kitchen
Lvl FirstFlooring - Wood, Open Floorplan
Master Bedroom
Lvl SecondCeiling Fan(s), Closet, Flooring - Wood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCeiling Fan(s), Closet, Flooring - Wood
Bathroom 1
Lvl FirstBathroom - Full, Flooring - Vinyl
Bathroom 2
Lvl SecondBathroom - Full, Flooring - Vinyl
Property History
$525,000
Was $540,000
Sep 9, 2026
MLS® 73570503
$540,000
Sep 1, 2026
MLS® 73570503
$549,000
Jun 20, 2026
MLS® 73394615
$549,000
Jun 20, 2025
MLS® 73394615
Listing Agent: Steven Bracero
Listing Office: Vanderbilt Properties, LLC
MLS® Number: 73570503
