332 Kimball St, Fitchburg, MA

Multi-family for Sale - $1,099,888 - 6,804 Sq. Ft.


Agent Info

Maria Silveira
CENTURY 21 North East

Property Info

CIMLS#1174514
Location
  332 Kimball St
  Fitchburg MA 01420
UpdatedJune 5th, 2025
TypeMulti-family
Price$1,099,888
Building6,804 Sq. Ft.

Property Description

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.


Financials