420 Kimball, Fitchburg MA 01420
Fitchburg, MA 01420
$1,000,000
$950,000
Est. $5,658/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
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.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
5%
Price Range
Property Timeline
Price Reduced
Sep 9, 2026
$950,000
$50,000
(-5%)
From $1,000,000 to $950,000 (-5.0%)
Listed for Sale
Aug 6, 2026
$1,000,000
Original listing
Office: Prospective Realty INC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/09/2026 | ↓ Price Reduced | $950,000 | $50,000 | - | From $1,000,000 to $950,000 (-5.0%) |
| 08/06/2026 | 🏠 Listed for Sale | $1,000,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $7,850 | $580,300 |
Financial Details
Annual Property Tax
$7,850
Tax Year 2025
Assessed Value
$580,300
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1900
Living Area
5,538 sq ft
Lot Size
0.11 acres
Stories
5
Bedrooms
18
Full Baths
6
Total Rooms
36
Investment Metrics
Units
6
Unit 1 Rent
— · N
Unit 2 Rent
$1,500/mo · N
Unit 3 Rent
$1,500/mo · N
Unit 4 Rent
$1,500/mo
Total Monthly Rent
$4,500/mo
Gross Income
$72,000
Net Operating Income
$72,000
Cap Rate
7.58%
Interior
Heating
Natural Gas, Other
Cooling
None
Flooring
None
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Slab
Laundry
None
Features
Living Room, Kitchen
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Shared Driveway, Off Street
Total Spaces
20
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$7,850
Assessed Value
$580,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Certified Treated
Seller Disclosures
Listing Agent Has Ownership In This Property. Please Read Property Info Document Attached As There Is A Lot Of Information Available And Will Be Updated As Additional Questions Come Through!
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
Each Unit has a kitchen, bathroom, living room, and three bedrooms.
Documents
None
County
Worcester
Total market time (incl. prior listings)
38 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
18
Full Bathrooms
6
Living Area
5,538 sq ft
Total Rooms
36
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,538 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Kitchen
Windows:
Basement:
Full, Slab
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Stone
Stories:
5
Heating, Cooling & Utilities
Heating:
Natural Gas, Other
Cooling:
None
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
20
Parking Features:
Shared Driveway, Off Street
Nearby Schools
School District
Fitchburg School District local
C+
School Safety
2024-25
8.1%
Above Average
4.6%
Suspensions
4.6%
In-School
3.5%
Emergency
2.6% above state avg
Elementary Schools
3 schools
Applewild School
0.7 mi
Grades K-09
C-
South Street Early Learning Center
1.3 mi
|
#697 of 825
|
Score: 48.1
Same rank as last year
Limited historical data for year-over-year comparison
569 students
Diverse
Diverse Student Body
Grades PK-K
C
Reingold Elementary School
1.3 mi
|
#606 of 825
|
Score: 40.4
Improved 117 spots from last year
-17.8 below state avg
619 students
Diverse
Rising School
Diverse Student Body
Grades 01-05
Middle Schools
3 schools
D
Arthur M Longsjo Middle School
0.7 mi
|
#328 of 352
|
Score: 28.6
Improved 12 spots from last year
-29.6 below state avg
577 students
Diverse
Grades 06-08
C
Memorial Middle School
0.9 mi
|
#280 of 352
|
Score: 33.8
Dropped 10 spots from last year
-24.4 below state avg
620 students
Diverse
Diverse Student Body
Grades 06-08
B+
Lunenburg Middle School
4.9 mi
|
#127 of 352
|
Score: 46.8
Improved 7 spots from last year
-11.4 below state avg
382 students
Moderate
Grades 06-08
High Schools
3 schools
Notre Dame Preparatory High School
0.9 mi
Grades 09-12
C+
Sizer School: A North Central Charter Essential School
1.4 mi
|
#221 of 346
|
Score: 50.3
Improved 25 spots from last year
-8 below state avg
270 students
Diverse
Strong AP Program
Early College Program
Rising School
College Ready Curriculum
Grades 07-12
St. Bernard's Central Catholic High School
1.6 mi
Grades 09-12
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Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$654
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
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Current Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
420 Kimball, Fitchburg MA 01420
Fitchburg, MA 01420
Listing Information
Listing Agent
Ryan Cormier
Listing Office
Prospective Realty INC
Office Phone
978-668-5396
Agent MLS ID
CN221703
Office MLS ID
AN2243
Listing Data Updated
Sep 13, 2026 4:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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