55 Canton St, Fitchburg MA 01420
Fitchburg, MA 01420
$549,999
$499,000
Est. $3,275/month
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About this home
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!
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
9.3%
Price Range
Property Timeline
Price Reduced
Aug 7, 2026
$499,000
$21,000
(-4.04%)
From $520,000 to $499,000 (-4.0%)
Price Reduced
Jul 16, 2026
$520,000
$29,999
(-5.45%)
From $549,999 to $520,000 (-5.5%)
Listed for Sale
Jul 1, 2026
$549,999
Original listing
Agent: Michelle Lopez
Office: Coldwell Banker Realty - Leominster
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/07/2026 | ↓ Price Reduced | $499,000 | $21,000 | - | From $520,000 to $499,000 (-4.0%) |
| 07/16/2026 | ↓ Price Reduced | $520,000 | $29,999 | - | From $549,999 to $520,000 (-5.5%) |
| 07/01/2026 | 🏠 Listed for Sale | $549,999 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,623 | $490,200 |
Financial Details
Annual Property Tax
$6,623
Tax Year 2025
Assessed Value
$490,200
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1930
Living Area
3,464 sq ft
Lot Size
0.22 acres
Bedrooms
10
Full Baths
4
Total Rooms
15
Investment Metrics
Units
3
Unit 1 Rent
$1,275/mo · N
Unit 2 Rent
$1,275/mo · N
Unit 3 Rent
$1,275/mo · N
Total Monthly Rent
$3,825/mo
Gross Income
$31,500
Net Operating Income
$27,500
Operating Expenses
$4,000
Water/Sewer Expense
$4,000
Cap Rate
5.51%
Interior
Heating
Natural Gas
Cooling
None
Flooring
Tile, Hardwood
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Finished
Laundry
None
Features
Bathroom With Tub & Shower, Country Kitchen, Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Tar/gravel, Rubber
Features
None
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
None
Parking
Garage Spaces
2
Has Garage
Yes
Features
Off Street
Total Spaces
6
Utilities
Electric
110 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Range
Financial
Annual Tax
$6,623
Assessed Value
$490,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Buyer And Buyers Agent To Perform Their Own Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Yellow
Sq Ft Source
Public Record
Sq Ft Disclosures
Finished basement space includes a bedroom, living area, kitchen and full bath.
Documents
None
County
Worcester
Total market time (incl. prior listings)
41 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1930
Bedrooms
10
Full Bathrooms
4
Living Area
3,464 sq ft
Total Rooms
15
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,464 sq ft above grade
Display Options
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:
Tile, Hardwood
Appliances:
Range, Refrigerator
Interior Features:
Bathroom With Tub & Shower, Country Kitchen, Living Room, Kitchen
Windows:
Basement:
Full, Finished
Laundry:
Security:
Construction & Materials
Year Built:
1930
Structure Type:
Exterior Materials:
Frame
Roof:
Tar/Gravel, Rubber
Foundation:
Concrete Perimeter
Stories:
4
Heating, Cooling & Utilities
Heating:
Natural Gas
Heating Zones:
4
Cooling:
None
Hot Water:
Oil, Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Gentle Sloping
Road Surface:
Paved
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
6
Parking Features:
Off Street
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
St. Bernard Elementary School
0.5 mi
Grades PK-08
Applewild School
1.8 mi
Grades K-09
C-
South Street Early Learning Center
0.3 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
1.6 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
C
Reingold Elementary School
2.1 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
Middle Schools
2 schools
C
Memorial Middle School
1.1 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
1.2 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
2.2 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
St. Bernard's Central Catholic High School
0.5 mi
Grades 09-12
Notre Dame Preparatory High School
0.6 mi
Grades 09-12
C-
Goodrich Academy
0.6 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
C
Fitchburg High School
3.5 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
A
Montachusett Regional Vocational Technical School
3.6 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
Learn about these ratings
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Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$552
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
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Current Rate
$0/mo
+0.5% Rate
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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
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Neighborhood
55 Canton St, Fitchburg MA 01420
Fitchburg, MA 01420
Listing Information
Listing Agent
Michelle Lopez
Listing Office
Coldwell Banker Realty - Leominster
Office Phone
978-840-4014
Agent MLS ID
CN222185
Office MLS ID
AN6215
Listing Data Updated
Aug 11, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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