Fantastic investment opportunity in Fitchburg's "Opportunity Zone," offering valuable tax incentives for investors. Currently generating over $8K/month in rent with substantial room for growth due to under-market rents. With minor updates, 2-bedroom units can be converted into 3-bedroom units, increasing potential income to (6) 3-bedroom units. Recent upgrades over the past 8 years include remodeled kitchens and bathrooms, new flooring, electrical panels, and added insulation throughout. The property features separate utilities, including 6 gas boilers and 6 – 60 amp electric panels. 2 top Units has been remodeles within the last 3 years and has beautiful kitchen with quartz countertops and SS appliances. Come and make this property your next solid and profitable investment.
For sale
$1,149,888
332 Kimball St, Fitchburg, MA 01420
14beds
6,804sqft
Est.:
5-9 Family
Built in 1920
-- sqft lot
$1,114,500 Zestimate®
$169/sqft
$-- HOA
What's special
Remodeled kitchensSs appliancesNew flooring
- 16 days
- on Zillow |
- 441 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 06:57am
Listed by:
MG Group,
Century 21 North East
Source: MLS PIN,MLS#: 73358335
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 6
- Full bathrooms: 6
Features
- Ceiling Fan(s), Pantry, Upgraded Cabinets, Bathroom With Tub & Shower, Upgraded Countertops, Living Room, Kitchen
- Flooring: Hardwood, Wood, Carpet
- Windows: Screens
- Basement: Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 6,804
- Total interior livable area: 6,804 sqft
- Finished area above ground: 6,804
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck - Wood
- Exterior features: Balcony/Deck, Balcony, Rain Gutters
Lot
- Size: 0.29 Acres
Details
- Parcel number: M:0040 B:0048 L:0,1503693
- Zoning: RC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Stone
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Public School, University
Location
- Region: Fitchburg
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $690,000
- Annual tax amount: $9,322
- Date on market: 4/10/2025
- Total actual rent: 8525
- Road surface type: Paved
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