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306 Franklin Road, Fitchburg MA 01420

$539,000

Estimated $1,393/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $269,500

Total Rent: 27900/year

Estimated CAP Rate:

4 Bedrooms

Baths

2060

Total Parking: 6 (1 Garage)

9,095 (0.21)

Beautiful & large 2 unit Multi Family in a sought-after area all in a University Town setting! This spacious property features separate utilities and heat, hardwood floors in both units, French doors, built-ins, open floor plans, bright living rooms, separate dining rooms, and upgraded kitchens. Each unit offers bedrooms with ample closet space. 2nd level potential 3rd BR.The updates on prior ownership includes refinished hardwoods, first-floor furnace, hot water tanks (2018 & 2019), showers, roof (2016), and fenced yard (2021). Lots of attic storage, Enjoy the covered front farmers porch. Two car garage. Huge private backyard with lots of room for Summer entertaining & BBQs to come. Ideal for owner-occupants, first-time investors as a unit was kept vacant, or add to your portfolio!. Convenient to major highways, shopping, restaurants, and the T. Top unit, basement & garage at 1st Showings. Occupied unit with interest. OH May 2nd 11-1pm.

This home has been viewed 7 times

Last Checked: July 1st, 2026 at 8:53pm (Source: MLS PIN #73506544)

Gross Income: $27,900

Gross Expenses: $9,253

Net Income Calc: $18,647

Annual Expenses for 306 Franklin Road, Fitchburg MA 01420

Total Gross Expenses (Calculated)$9,253/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6228

Annual Income & Unit Breakdown for 306 Franklin Road, Fitchburg MA 01420

Total Gross Income (Calculated)$27,900

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 306 Franklin Road, Fitchburg MA 01420

Listing ID73506544

Property TypeMulti Family / 2 Family

Price539000 ($261.65/SqFt)

Style2 Family - 2 Units Up/down

CityFitchburg

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2060

Approximate Lot Size (Acres)0.21

Total Parking6 (1 Garage)

Garage Parking1

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRES

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 306 Franklin Road, Fitchburg MA 01420

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTenants Washer And Dryer In The Basement.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 306 Franklin Road, Fitchburg MA 01420

Real Estate Taxes6228

Tax Year2025

Assessed Value$0

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 306 Franklin Road, Fitchburg MA 01420

Elementary SchoolReingold

Middle SchoolMemorial

High SchoolFitchburg

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 306 Franklin Road, Fitchburg MA 01420

Agent

Name: Kelle O'Keefe

Office

Name: Keller Williams Realty North Central

Phone: 978-840-9000

Payment Calculator

, Interest

Property Taxes 519

Principal & Interest 3321.15

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty North Central

Kelle O'Keefe

Agent Phone

Office Phone

(978) 840-9000

Text Agent Call Agent Call Office

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    [unparsed] => 306 Franklin Road, Fitchburg MA 01420
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EXIT

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