142 Madison St, Fitchburg MA 01420
Fitchburg, MA 01420 • Fitchburg
$620,000
Est. $3,853/month
Track this home for price, status, and open-house alerts.
About this home
Exceptional Investment Opportunity in Fitchburg, MA – Well-Maintained 3-Family with Strong Rental History! Don't miss your chance to own this well-maintained 3-family property in the heart of Fitchburg, one of Central Massachusetts' fastest-growing communities. Whether you're looking to expand your investment portfolio or begin building long-term wealth through real estate, this income-producing multi-family home offers the perfect combination of stability, location, and future potential.This property has a proven rental history with consistent occupancy and has been thoughtfully maintained over the years, providing peace of mind for both seasoned and first-time investors. Spacious units, dependable rental income, and pride of ownership make this a standout opportunity. Ideally situated just minutes from shopping, restaurants, public transportation, commuter routes, schools, parks, and medical facilities.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Market Insights
Property Timeline
Showing Instructions Updated
Jul 25, 2026
New showing requirements
Showing Instructions Updated
Jul 25, 2026
New showing requirements
Listed for Sale
Jul 19, 2026
$620,000
Original listing
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/25/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/25/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/19/2026 | 🏠 Listed for Sale | $620,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,220 | $460,400 |
Financial Details
Annual Property Tax
$6,220
Tax Year 2025
Assessed Value
$460,400
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1920
Living Area
3,591 sq ft
Lot Size
0.16 acres
Stories
3
Bedrooms
9
Full Baths
3
Total Rooms
18
Investment Metrics
Units
3
Unit 1 Rent
$1,550/mo · N
Unit 2 Rent
$1,525/mo · N
Unit 3 Rent
— · N
Total Monthly Rent
$3,075/mo
Gross Income
$55,700
Net Operating Income
$38,136
Cap Rate
6.15%
Interior
Heating
Central
Cooling
None
Flooring
Wood, Vinyl
Appliances
Refrigerator
Fireplace
None
Basement
Full
Laundry
Electric Dryer Hookup, Washer Hookup
Features
Kitchen, Living Rm/dining Rm Combo
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
Porch, Enclosed, Deck, Covered
Parking
Features
Paved Drive, Off Street, Tandem, Paved
Total Spaces
8
Utilities
Electric
110 Volts, Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$6,220
Assessed Value
$460,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Units 1 And 2 Are Tenant Occupied. 24 Hour Notice Required. Seller Has Never Occupied The Building.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
Blue
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
24 days
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
9
Full Bathrooms
3
Living Area
3,591 sq ft
Total Rooms
18
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,591 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Enclosed, Deck, Covered
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Vinyl
Appliances:
Refrigerator
Interior Features:
Kitchen, Living RM/Dining RM Combo
Windows:
Insulated Windows, Storm Window(s)
Basement:
Full
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Concrete Perimeter, Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Central
Heating Zones:
3
Cooling:
None
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch, Enclosed, Deck, Covered
Fencing:
Fenced/Enclosed, Fenced
Other Structures:
Shed(s)
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
8
Parking Features:
Paved Drive, Off Street, Tandem, Paved
Nearby Schools
School District
Fitchburg School District local
C+
School Safety
2024-25
8.1%
Above Average
4.6%
Suspensions
4.6%
In-School
3.5%
Emergency
2.6% above state avg
Elementary Schools
5 schools
Applewild School
1.4 mi
Grades K-09
St. Bernard Elementary School
2.1 mi
Grades PK-08
C
Reingold Elementary School
0.6 mi
|
#610 of 824
|
Score: 40.4
Improved 113 spots from last year
-17.8 below state avg
679 students
Diverse
Rising School
Diverse Student Body
Grades 01-05
C-
South Street Early Learning Center
1.3 mi
|
#697 of 824
|
Score: 48.1
Same rank as last year
Limited historical data for year-over-year comparison
570 students
Diverse
Grades PK-K
C
McKay Elementary School
2.1 mi
|
#661 of 824
|
Score: 38.0
Improved 70 spots from last year
-20.2 below state avg
754 students
Diverse
Rising School
Grades 01-05
Middle Schools
2 schools
C
Memorial Middle School
0.6 mi
|
#274 of 352
|
Score: 33.9
Dropped 4 spots from last year
-24.3 below state avg
601 students
Diverse
Diverse Student Body
Grades 06-08
D
Arthur M Longsjo Middle School
1.3 mi
|
#323 of 352
|
Score: 28.9
Improved 17 spots from last year
-29.3 below state avg
614 students
Diverse
Grades 06-08
High Schools
6 schools
C+
Sizer School: A North Central Charter Essential School
2.1 mi
|
#221 of 346
|
Score: 49.3
Improved 25 spots from last year
-8.9 below state avg
282 students
Diverse
Early College Program
Rising School
College Ready Curriculum
Grades 07-12
Notre Dame Preparatory High School
1.1 mi
Grades 09-12
St. Bernard's Central Catholic High School
1.9 mi
Grades 09-12
C-
Goodrich Academy
2.0 mi
|
#23 of 25
|
Score: 20.5
Improved 363 spots from last year
-37.8 below state avg
186 students
Diverse
Rising School
Grades 09-12
A
Montachusett Regional Vocational Technical School
2.2 mi
|
#64 of 346
|
Score: 65.1
Improved 11 spots from last year
+6.9 above state avg
1,417 students
Moderate
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Strong Attendance
Grades 09-12
C
Fitchburg High School
3.2 mi
|
#255 of 346
|
Score: 45.8
Improved 37 spots from last year
-12.4 below state avg
1,220 students
Diverse
15 sports
• 1,110 athletes
Early College Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$518
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
Loading map...
Neighborhood
Fitchburg
142 Madison St, Fitchburg MA 01420
Fitchburg, MA 01420
Listing Information
Listing Agent
Rosemarie Ledogar
Listing Office
R. D. Ledogar Real Estate
Office Phone
978-830-0035
Agent MLS ID
CN227301
Office MLS ID
AN8318
Listing Data Updated
Aug 12, 2026 2:11 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Fitchburg.