Luxury Residential Group: 332 Kimball St, Fitchburg, MA

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.

offered at

$1,149,888

Listing ID: 73358335
Bedrooms: 14
Full Baths: 6
Living Area: 6,804 sqft 632 m² Convert
Lot Size: 12,611 sqft 1,172 m² Convert
Acres: 0.29

Additional Details

Type: Multi-Family, 5-9 Family

Zip Code: 01420

Levels: 9

Parking

Parking: Paved Drive, Off Street

Parking Spaces: 6

Rooms and Dimensions

Total Units: 6

Total Floors: 9

Total Rooms: 26

LRG Boston

(617) 233-5800

332 Kimball St

Fitchburg, MA