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Triplex with Separate Utilities
For Sale
$589,900

11 Nutting St, Fitchburg, MA 01420

Residential Income, Fitchburg, MA

Property Size3,150 SF
Lot Size0.17 Acres
Price / SF$187.27
Days on Market50

Property Features for 11 Nutting St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RB
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 6, Bathroom 3
Parking 3
Directions Simonds St to Nutting
Standard status Active
APN 1502329
Size 3,150 SF
Lot size 0.17 Acres

Additional Details

Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6583

Building Details

Year built 1900
Floors in Building 3
Number of units 3
Buildings 1
Listing Agency: Keller Williams Realty North Central
Listed By: Rochelle Jonswold
Added: Sep 12 Changed: Oct 26 Last Checked: Oct 31 at 2:06AM
MLS# 73576281

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This three-family property contains three two-bedroom units, with the first-floor residence currently vacant. The units have been updated, and the property has separate utilities. Lead certificates of compliance are in hand. Built in 1900, the building contains 3,150 square feet on a 0.1653-acre parcel and is zoned RB.

Located in Fitchburg, the property offers a three-unit residential configuration with one available dwelling and two additional units.

Key Highlights

  • Three two‑bedroom units; first‑floor unit is vacant
  • 3,150 square feet of building area
  • 0.1653 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,581
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$851,620 $851.6K
Cap Rate 7%
$608,300 $608.3K
Cap Rate 9%
$473,122 $473.1K
Market Conditions
NOI Build-Up for 3,150 SF
Gross rent
$62.4K $19.80/SF
− Vacancy
−$1.5K −$0.49/SF
EGI
$60.8K $19.31/SF
− OpEx
−$18.2K −$5.79/SF
NOI
$42.6K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$851,620
Cap Rate 7%
$608,300
Cap Rate 9%
$473,122

Alternative Uses

Best Use
Multifamily LT 5
$608.3K
$532.3K – $709.7K (±1% cap)
NOI $42,581 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$529.4K
$463.2K – $617.6K (±1% cap)
NOI $37,057 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$1.08M
$941.2K – $1.25M (±1% cap)
NOI $75,298 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

907
Businesses Nearby

Demographics for 01420, MA

41,940
Population
17,998
Households
2.3
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
30.1 sq mi
ZIP Area
1,393
Density / Sq Mi
$70,334
Median Household Income
$41,753
Median Earnings
$1,131
Median Rent
$294,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three two-bedroom dwellings include a vacant first-floor unit and lead certificates of compliance.
Where is this triplex located?
The property is located at 11 Nutting St Fitchburg, MA.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Three two‑bedroom units; first‑floor unit is vacant; 3,150 square feet of building area; 0.1653 acres
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