Exceptional investment opportunity with strong income potential! This spacious 3 family property offers an impressive 10 bedrooms, 4 bathrooms and nearly 3,500sq. ft. of living space, making it an ideal addition to any investors portfolio. The property features separate utilities, off-street parking, a two car garage, and a fully finished lower level offering endless possibilities. Ideally located just minutes from shopping, restaurants, schools, public transportation, parks and major commuter routes. This property checks all the boxes for convenience and strong rental appeal. Whether you are looking to expand your portfolio or owner occupy while generating income, this is an opportunity you won't want to miss. Priced aggressively at just $549,999 for a quick sale. Schedule your showing today before this incredible income producing property is gone!
This home has been viewed 24 times
Last Checked: August 8th, 2026 at 6:18am (Source: MLS PIN #73543846)
Gross Income: $45,900
Gross Expenses: $10,623
Net Income Calc: $35,277
Water Views
Annual Expenses for 55 Canton St, Fitchburg MA 01420
Total Gross Expenses (Calculated)$10,623/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6623
Annual Income & Unit Breakdown for 55 Canton St, Fitchburg MA 01420
Total Gross Income (Calculated)$45,900
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 55 Canton St, Fitchburg MA 01420
Listing ID73543846
Property TypeMulti Family / 3 Family
Price499000 ($144.05/SqFt)
Style3 Family - 3 Units Up/down
CityFitchburg
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3464
Approximate Lot Size (Acres)0.22
Total Parking8 (2 Garage)
Garage Parking2
Year Built1930
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRB
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 55 Canton St, Fitchburg MA 01420
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWindow Air Conditioners
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 55 Canton St, Fitchburg MA 01420
Real Estate Taxes6623
Tax Year2025
Assessed Value$490,200
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 55 Canton St, Fitchburg MA 01420
Elementary SchoolMckay
Middle SchoolLongsjo
High SchoolFitchburg
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 55 Canton St, Fitchburg MA 01420