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    230 Kimball St Fitchburg, MA 01420

    For Sale
    $670,000

    Six-unit property with five residential units and one commercial unit.

    Lot size:
    0.16 Acres

    Property Features for 230 Kimball St

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1940

    Source: Coldwell Banker Realty - Leominster Agent Michelle Lopez

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

    Overview

    Six-Unit Investment Property For Sale

    This six-unit property, featuring five residential units and one commercial space, presents an investment opportunity. All units are currently occupied by long-term tenants, providing consistent cash flow. The interior has been maintained with updates, offering modern comfort. The property is conveniently located near shopping, dining, and major commuter routes, combining rental appeal with accessibility. Ample off-street parking is available. Additionally, there is a small bonus space with a bathroom and an extra 6,525 square-foot lot.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -71.8077564
    Latitude
    42.5830193

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    FAQs

    What type of property is this?
    Apartment building - Six-unit property with five residential units and one commercial unit.
    Where is this apartment building located?
    The property is located at 230 Kimball St Fitchburg, MA.
    What is the asking price?
    The asking price for this property is $670,000.
    What are key features of this property?
    This property features: - Six units provide immediate and diversified rental income with 5 residential and 1 commercial space.; - All units are currently occupied with long-term tenants, ensuring consistent cash flow.; - Convenient location near shopping, dining, and major commuter routes.
    (978) 407-5778
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    230 Kimball 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
    230 Kimball St Fitchburg, MA 01420
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