
520 Main St. Fitchburg — Photo 1 of 3
$385,000
Investment Analysis — 520 Main St.
Fitchburg, MA 01420
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a home in 01420 carries an estimated $1,140/mo in gross rent — about a 1.80% cap rate and $6,920/yr in estimated NOI at the $385,000 list price. Adjust every assumption in the calculator below.
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Former Johnsonia Hotel lot in the heart of Main Street Fitchburg, MA with so many possibilities in this ever evolving, bustling city! No set back or height requirements; located in an Opportunity Zone--bring your next venture to this transformed downtown.....right next to a large public parking garage, minutes to the train/bus station, Fitchburg State University and a TON of new residential units....ride the wave of revitalization!
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path
Geography
Property History
$385,000
Aug 9, 2026
MLS® 73560210
$385,000
Aug 6, 2026
MLS® 73560210
$385,000
Feb 3, 2026
MLS® 73474030
$385,000
Dec 31, 2025
MLS® 73374946
$385,000
May 14, 2025
MLS® 73374946
$800
Oct 15, 2010
MLS® 71109813
$800
Jul 15, 2010
MLS® 71109813
$775
Jul 15, 2010
MLS® 71079575
$775
May 12, 2010
MLS® 71079575
Listing Agent: Tracy Sladen
Listing Office: LAER Realty Partners
MLS® Number: 73474030
