40 Marshall Rd Fitchburg — Photo 1 of 32
$349,000
Investment Analysis — 40 Marshall Rd
Fitchburg, MA 01420
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 2-bedroom in 01420 carries an estimated $1,660/mo in gross rent — about a 3.28% cap rate and $11,463/yr in estimated NOI at the $349,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
729
Style
Single Family
Built
1940
Beautifully Remodeled One-Level Home — Move-In Ready! Just remodeled and ready for its new owners! This beautifully updated one-level home offers comfortable living with an impressive list of improvements, including a new roof on both the house and garage, new windows in both house and garage, new gutters, a new garage door, and new electrical service with recessed lighting. The interior has been freshly painted, and the hardwood floors have been professionally sanded and refinished. The remodeled bathroom features a convenient laundry area, while the living room and bedrooms have also been tastefully updated. The spacious kitchen includes a new pantry closet for added storage. Enjoy a brand-new front entry landing and new front door, creating a welcoming entrance to this lovely home.Outside, you’ll fall in love with the beautifully established landscaping. Hydrangeas, rhododendrons, forsythias, and an assortment of shrubs and perennials adorn the property, providing color and charm throughout the seasons. The property offers frontage on Marshall Rd, Oakwood Ave., and E. Prospect Street.Ideally located just a short walk from Marshall Farm/Hollis Hills, Coolidge Park, FSU, and numerous area amenities, this home combines convenience, charm, and extensive updates. Easy to show—don’t miss your opportunity to make this beautiful property your new home!
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: 365 sq ft (the lesser of 900 sq ft or half the 729 sq ft principal dwelling). Lot size: 9,949 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 & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Medical Facility
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Property History
$349,000
Aug 26, 2026
MLS® 73568198
$220,000
Mar 31, 2026
MLS® 73492097
$250,000
Mar 26, 2026
MLS® 73492097
Listing Agent: Angela Godin
Listing Office: Tammy Morrison Real Estate
MLS® Number: 73568198
