Active Under Contract
17 Days on market
44 Montrose St Fitchburg — Photo 1 of 35

44 Montrose St Fitchburg — Photo 1 of 35

$395,000

Investment Analysis — 44 Montrose 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 3.79% cap rate and $14,975/yr in estimated NOI at the $395,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,040

Style

Single Family

Built

1962

OFFER DEADLINE 6 p.m. 08/31/26. Please allow 24 hours for seller review. Welcome to this inviting 3-bedroom, 1-bathroom ranch style home nestled in a desirable Fitchburg neighborhood. This home offers a warm and functional layout. The recently updated eat in kitchen is bright and sleek with SS appliances. The breezeway allows you to create a cozy flex space with a freestanding woodstove in which you can create your own area to game, watch the game or use it as a chill zone. The high ceilings in the basement and a convenient dog-shed door with direct access to the fantastic backyard allow you many options for this space.

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: 520 sq ft (the lesser of 900 sq ft or half the 1,040 sq ft principal dwelling). Lot size: 9,622 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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$395,000
Annual Taxes$4,451

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms5
FireplacesNone
Flooring--
BasementPartially Finished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres0.22
SqFt Lot9,622
Lot FeaturesCorner Lot

Amenities & Appliances

Gas Water Heater • Oven • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Park

Geography

Listing Provided By

Listing Agent: Susan Wright

Listing Office: EXIT New Options Real Estate

MLS® Number: 73568593