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424-438 Main St, Fitchburg MA 01420

$550,000

Estimated $1,759.07/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $550,000

Total Rent: 0/year

Estimated CAP Rate: -1.89%

0 Bedrooms

Baths

34,000 SqFt

Total Parking: 27

15,878 SqFt

Back on the Market due to Buyers Financing!! Are you looking to build a mix use 17 unit apartment building? Already approved by the Fitchburg Planning Board in 2025, this project will allow a buyer to build 17 Residential Apartments, office space and a drive under garage which includes 27 parking spaces. The plan includes 1 and 2 bedroom apartments, 2 levels of living space, and additional storage in the basement. The building offers over 34,000 Sq Ft of space, is adjacent to a 200+ public parking garage, and is only 1/4 mile to MBTA commuter rail as well as Fitchburg State University. The space is gutted and ready to be developed.

This home has been viewed 36 times

Last Checked: October 5th, 2025 at 6:38am (Source: MLS PIN #73406188)

Gross Income: $0

Gross Expenses: $10,407

Net Income Calc: $10,407

CAP Rate: -1.89%

Annual Expenses for 424-438 Main St, Fitchburg MA 01420

Total Gross Expenses (Calculated)$10,407/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$10,407

Annual Income & Unit Breakdown for 424-438 Main St, Fitchburg MA 01420

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 424-438 Main St, Fitchburg MA 01420

Listing ID73406188

Property TypeMulti Family / 5+ Family

Price$550,000

StyleResidential

CityFitchburg

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total34,000 SqFt

Approximate Lot Size (Acres)0.36 acres

Total Parking27

Garage Parking

Year Built1948

Year Built Source

Year Renovated

Year Built Details

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation Description

Accessible Features

Outdoor Space

ZoningDB

Zoning DetailsLegal Non-Conforming

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 424-438 Main St, Fitchburg MA 01420

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 424-438 Main St, Fitchburg MA 01420

Real Estate Taxes$10,407

Tax Year2024

Assessed Value

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-1.89%

Location Information for 424-438 Main St, Fitchburg MA 01420

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 424-438 Main St, Fitchburg MA 01420

Agent

Name: Matthew Straight

Office

Name: Coldwell Banker Realty - Leominster

Phone: 978-840-4014

Payment Calculator

, Interest

Property Taxes 867.25

Principal & Interest 3388.93

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Leominster

Matthew Straight

Agent Phone

Office Phone

(978) 840-4014

Text Agent Call Agent Call Office

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EXIT