406 Lincoln St Fitchburg — Photo 1 of 35
$490,000
Investment Analysis — 406 Lincoln 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 2.86% cap rate and $14,020/yr in estimated NOI at the $490,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,700
Style
Single Family
Built
1944
Looking for Move In Ready with Character? Check out this timeless property only minutes from the commuter rail! Hard not to love the exceptional curb appeal from the moment you arrive. The main level offers ultimate convenience with a desirable first-floor bedroom and full bath, large living room with fireplace, updated kitchen and formal dining room. Upstairs features large Main Bedroom as well as an additional bedroom and bathroom. You will love enjoying time on the covered porch and deck overlooking the fenced backyard perfect for pets, play, and peaceful relaxation. Property also features a detached garage! Enjoy the benefit of leased solar panels to keep energy bills low! This charming home seamlessly blends classic architectural details with practical modern upgrades for turnkey living!
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: 850 sq ft (the lesser of 900 sq ft or half the 1,700 sq ft principal dwelling). Lot size: 16,048 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 14
Flooring - Wood
Dining Room
Lvl First13 x 10
Flooring - Wood
Kitchen
Lvl First15 x 10
Countertops - Stone/Granite/Solid, Exterior Access, Remodeled, Stainless Steel Appliances, Peninsula
Primary Bedroom
Lvl Second18 x 10
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second14 x 12
Bedroom 3
Lvl First13 x 10
Closet, Flooring - Hardwood
Bathroom 1
Lvl First7 x 6
Bathroom - Full, Bathroom - With Tub & Shower
Bathroom 2
Lvl Second9 x 5
Bathroom - Full, Bathroom - With Shower Stall
Listing Agent: Nicholas L. Pelletier
Listing Office: Keller Williams Realty North Central
MLS® Number: 73574071
