
420 Kimball Fitchburg — Photo 1 of 36
Recent Drop: $50,000
$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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Geography
Property History
$950,000
Was $1,000,000
Sep 9, 2026
MLS® 73560530
$1,000,000
Aug 6, 2026
MLS® 73560530
Listing Agent: Ryan Cormier
Listing Office: Prospective Realty INC
MLS® Number: 73560530