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    276 Fairmount St Fitchburg, MA 01420

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    For Sale
    $629,000

    Turnkey 3-family property with separate utilities and ample parking.

    Lot size:
    0.09 Acres

    Property Features for 276 Fairmount St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1920

    Source: Invest Realty Group Agent Natalia Espindola

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fitchburg Turnkey 3-Family Property

    This is a 3-family property located in Fitchburg. Each unit includes 3 beds and 1 bath. The property has separate utilities and gas-fired forced hot air furnaces. Washer and dryer hookups are located in the basement. There is ample off-street parking available, including a newer parking area behind the building. Recent updates include newer furnaces, hot water tanks, and electrical panels. The property is located 10 minutes from Route 2 and 5 minutes from Oak Hill Country Club. All tenants are Tenant At Will, offering flexibility for future rent adjustments.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8239537
    Latitude
    42.5791085

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    FAQs

    What type of property is this?
    Triplex - Turnkey 3-family property with separate utilities and ample parking.
    Where is this triplex located?
    The property is located at 276 Fairmount St Fitchburg, MA.
    What is the asking price?
    The asking price for this property is $629,000.
    What are key features of this property?
    This property features: - Turnkey 3-family property, ready for immediate occupancy and income generation.; - Each unit has 3 beds and 1 bath with separate utilities.; - Newer furnaces, hot water tanks, and electrical panels.
    (774) 540-0214
    Request Owner's contact information
    276 Fairmount St Fitchburg, MA 01420
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    Fitchburg, MA 01420
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    276 Fairmount St Fitchburg, MA 01420
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