76 Summer St, Fitchburg MA 01420
Fitchburg, MA 01420 • Fitchburg
$3,600,000
Est. $22,387/month
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About this home
Value-Add Multi-Tenant Office Investment with projected $500,000 Stabilized NOI. 76 Summer Street in Fitchburg MA presents a compelling opportunity to acquire a four-story, elevator-served multi-tenant office building offering strong in-place income with significant upside through strategic leasing and asset management. The property features approximately 55,000 square feet of gross building area and approximately 40,000 square feet of net rentable space, situated on 2.29 acres with ample on-site parking and flexible suite configurations. Currently configured as a 68-suite professional office asset, the property accommodates a diverse tenant base ranging from small professional users to larger full-floor occupants. Suite sizes can be subdivided from approximately 94 square feet to 11,000 square feet, allowing the building to support a broad range of tenant requirements and enhancing leasing flexibility.
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Property History
Property Timeline
Listed for Sale
Apr 1, 2026
$3,600,000
Original listing
Agent: Kenneth J. Leva
Office: Gibson Sotheby's International Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/01/2026 | 🏠 Listed for Sale | $3,600,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $47,797 | — |
Financial Details
Annual Property Tax
$47,797
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1969
Living Area
40,000 sq ft
Lot Size
2.29 acres
Investment Metrics
Gross Income
$630,240
Net Operating Income
$418,000
Operating Expenses
$211,000
Cap Rate
11.61%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer
Financial
Annual Tax
$47,797
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Worcester
Property Overview
Listing Type
For Sale
Year Built
1969
Living Area
40,000 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
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:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1969
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
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
5 schools
St. Bernard Elementary School
0.5 mi
Grades PK-08
Applewild School
1.5 mi
Grades K-09
C-
South Street Early Learning Center
0.8 mi
|
#697 of 824
|
Score: 48.1
Same rank as last year
Limited historical data for year-over-year comparison
570 students
Diverse
Grades PK-K
C
McKay Elementary School
1.1 mi
|
#661 of 824
|
Score: 38.0
Improved 70 spots from last year
-20.2 below state avg
754 students
Diverse
Rising School
Grades 01-05
C
Reingold Elementary School
2.3 mi
|
#610 of 824
|
Score: 40.4
Improved 113 spots from last year
-17.8 below state avg
679 students
Diverse
Rising School
Diverse Student Body
Grades 01-05
Middle Schools
2 schools
D
Arthur M Longsjo Middle School
0.9 mi
|
#323 of 352
|
Score: 28.9
Improved 17 spots from last year
-29.3 below state avg
614 students
Diverse
Grades 06-08
C
Memorial Middle School
1.4 mi
|
#274 of 352
|
Score: 33.9
Dropped 4 spots from last year
-24.3 below state avg
601 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
6 schools
C+
Sizer School: A North Central Charter Essential School
1.8 mi
|
#221 of 346
|
Score: 49.3
Improved 25 spots from last year
-8.9 below state avg
282 students
Diverse
Early College Program
Rising School
College Ready Curriculum
Grades 07-12
St. Bernard's Central Catholic High School
0.2 mi
Grades 09-12
C-
Goodrich Academy
0.3 mi
|
#23 of 25
|
Score: 20.5
Improved 363 spots from last year
-37.8 below state avg
186 students
Diverse
Rising School
Grades 09-12
Notre Dame Preparatory High School
0.7 mi
Grades 09-12
C
Fitchburg High School
3.1 mi
|
#255 of 346
|
Score: 45.8
Improved 37 spots from last year
-12.4 below state avg
1,220 students
Diverse
15 sports
• 1,110 athletes
Early College Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
A
Montachusett Regional Vocational Technical School
3.9 mi
|
#64 of 346
|
Score: 65.1
Improved 11 spots from last year
+6.9 above state avg
1,417 students
Moderate
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Strong Attendance
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$3,983
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
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
Fitchburg
76 Summer St, Fitchburg MA 01420
Fitchburg, MA 01420
Listing Information
Listing Agent
Kenneth J. Leva
Listing Office
Gibson Sotheby's International Realty
Office Phone
617-242-4222
Agent MLS ID
C9501295
Office MLS ID
BB9059
Listing Data Updated
Apr 5, 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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