55 Cottage Street Fitchburg — Photo 1 of 20
Recent Drop: $28,500
$416,500
Investment Analysis — 55 Cottage Street
Fitchburg, MA 01420
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 4-bedroom in 01420 carries an estimated $2,500/mo in gross rent — about a 4.39% cap rate and $18,280/yr in estimated NOI at the $416,500 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,536
Style
Single Family
Built
1908
If you value peace & quiet this property delivers a sense of retreat while keeping you connected to local amenities. Perfectly situated off the street at the end of a private driveway is a Colonial home with 1,536 sq. ft. of living area. Generous sized rooms with 4 bedrooms on 2nd floor and one first floor or home office. Recent improvements are new architectural roof (Jan/2017), gutters, freshly painted rooms & re-finished deck plus a remodeled full bathroom & half bath. The eat-in kitchen has Corian counters, new stove, large pantry, kitchen bar open to dining room. Option for laundry to be on first floor (pantry hook-up) is currently in the basement. Paved driveway for 4-5 cars and a shed. Enjoy the large private two-tiered yard that gives you distinct zones for different outdoor activities. Have the upper tier for outdoor barbeques and the lower level for play-time. Close to Rte. 2 and Great Wolf Lodge, Fitchburg University, MWC College and Wachusett Mountain Ski area.
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: 768 sq ft (the lesser of 900 sq ft or half the 1,536 sq ft principal dwelling). Lot size: 11,578 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 Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Leased Water Heater • Oven • Dishwasher • Refrigerator
Neighborhood
Shopping • Park • Golf • Highway Access • House of Worship • Private School
Geography
Floorplan Breakdown
Structural Layout
Living Room
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Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
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Lvl SecondProperty History
$416,500
Was $420,000
Sep 8, 2026
MLS® 73535775
$420,000
Was $434,500
Jul 27, 2026
MLS® 73535775
$434,500
Was $445,000
Jul 14, 2026
MLS® 73535775
$445,000
Jun 20, 2026
MLS® 73535775
Listing Agent: Linda Zichelle
Listing Office: Coldwell Banker Realty - Leominster
MLS® Number: 73535775
