381 Summer Street Fitchburg — Photo 1 of 30
Recent Drop: $50,000
$625,000
Investment Analysis — 381 Summer Street
Fitchburg, MA 01420
Based on rent reported on the MLS listing, a 2-unit multi-family in 01420 carries $2,000/mo in gross rent — about a 1.73% cap rate and $10,826/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3
SqFt
2,018
Style
2 Family - 2 Units Up/Down
Built
2015
IVACANT AND READY FOR OCCUPANCY!!! ncredible opportunity to own this new build (2015) building. Everything is 10 years young! Large exterior footprint with tons of off street parking and an oversized 2 car garage. Currently used as a "mixed use" building with the first floor occupied by a plumbing company. This unit has 2 half baths (one could be converted to full bath). This unit could have 2 bedrooms. Upper floor is a lovely one bedroom apartment with all the bells and whistles. Hardwood, stainless steel appliances, recessed lighting, mini splits and tons of closet space!
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 MLS and other third-party data may be inaccurate or out of date.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 & Lot
Amenities & Appliances
Dishwasher • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Property History
$625,000
Was $650,000
Sep 8, 2026
MLS® 73543685
$650,000
Was $675,000
Sep 1, 2026
MLS® 73543685
$675,000
Jul 1, 2026
MLS® 73543685
$625,000
Jul 1, 2026
MLS® 73543676
$675,000
Jun 30, 2026
MLS® 73457327
$675,000
Jun 30, 2026
MLS® 73457323
$675,000
Nov 23, 2025
MLS® 73457327
$675,000
Nov 23, 2025
MLS® 73457323
Listing Agent: Kathleen Walsh
Listing Office: Keller Williams Realty North Central
MLS® Number: 73543685
