Active
38 Days on market
420 Kimball Fitchburg — Photo 1 of 36

420 Kimball Fitchburg — Photo 1 of 36

Recent Drop: $50,000

$1,000,000
$950,000

$950,000

Investment Analysis — 420 Kimball

Fitchburg, MA 01420

Based on rent reported on the MLS listing, a 6-unit multi-family in 01420 carries $7,500/mo in gross rent — about a 6.37% cap rate and $60,550/yr in estimated NOI at the $950,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

18

Baths

6

SqFt

5,538

Style

5+ Family - 5+ Units Up/Down

Built

1900

This fantastic investment opportunity includes a six unit multi family and two additional vacant lots with the potential of building additional homes.All six units are 3 bedroom apartments. Five of the units are rented with longer term tenants (8+ years). One unit is vacant, renovated, and ready to rent. There are two additional lots which would be included in the sale which are currently being used as parking. Between the two lots there is a total of 11,180 sf, about 125 feet of frontage, and town utilities at the street. This appears to be enough for the development of two single family homes or two duplex buildings, however Buyers must do their own due diligence.

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 MLS and other third-party data may be inaccurate or out of date.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.

Property Details

Financials

Original Price$1,000,000
Annual Taxes$7,850

Parking

Garage0
Off-Street20

Interior Specifications

Total Rooms36
FireplacesNone
Flooring--
BasementFull, Slab

Climate & Utilities

HeatingNatural Gas, Other
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningRC

Property & Lot

Acres0.11
SqFt Lot4,574
Lot Features--

Amenities & Appliances

Range • Refrigerator

Geography

Property History

Price Drop
$950,000

Was $1,000,000

Sep 9, 2026

MLS® 73560530

Listed
$1,000,000

Aug 6, 2026

MLS® 73560530

Listing Provided By

Listing Agent: Ryan Cormier

Listing Office: Prospective Realty INC

MLS® Number: 73560530