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359 Mechanic St

Fitchburg, MA 01420

7 bd 5 ba 4,220 sqft Built 1890 Lot 13,939 sqft multi_family
Most recent sale
$455,000
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Sold $455,000 MLS #72945875
Feb 24, 2022 Listed $450,000 MLS #72945875

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1890
Property type
multi_family
Stories
6
Beds
7
Baths
5
Living area
4,220 sqft
Lot size
13,939 sqft
ZIP code
01420
City
Fitchburg
Street
Mechanic St
Coordinates
42.59627, -71.80235

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,730
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 359 Mechanic St last sell?
359 Mechanic St most recently sold on May 25, 2022 for $455,000.
What is the current tax assessment for 359 Mechanic St?
No tax-assessment history is recorded for this parcel.
When was 359 Mechanic St built?
359 Mechanic St was built in 1890.
How does 359 Mechanic St compare to others on Mechanic St?
We track 8 other properties on Mechanic St. Browse the list under "Other properties on Mechanic St" to compare beds, baths, and sale history.
What are the property facts for 359 Mechanic St?
359 Mechanic St is a 7 bed, 5 bath, 4,220 sqft, 13,939 sqft lot multi_family.
Is 359 Mechanic St a flip candidate?
No — 359 Mechanic St does not appear in our flips dataset.
Is 359 Mechanic St a tax-appeal candidate?
No — 359 Mechanic St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.3%
Implied 1-yr
+9.2%
2026 Q3
$507.9K
2026 Q4
$518K
ZIP 01420 — Median Price History + Forecast

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