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    13-17 Westminster St Fitchburg, MA 01420

    For Sale
    $580,000

    Updated four-unit property near Fitchburg University with strong cash flow.

    Lot size:
    0.09 Acres

    Property Features for 13-17 Westminster St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1900

    Source: The LGCY Group LLC Agent Jaquaine Coe

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

    Overview

    Updated Four-Unit Investment Property

    This four-unit property in North Central Massachusetts is an investment opportunity with immediate cash flow and long-term upside. The property features four updated units with a total of seven bedrooms and four bathrooms. All units have been recently updated with new flooring and fresh paint. The property also includes four tankless water heaters, vinyl siding, a newer roof, and replacement windows. The tenants pay separate utilities. The property is located minutes from Fitchburg University, downtown Fitchburg, commuter rail access, and a wide range of shopping and dining options. This location is suitable for attracting stable tenants including students, working professionals, and families.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8339156
    Latitude
    42.576169

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    FAQs

    What type of property is this?
    Quadplex - Updated four-unit property near Fitchburg University with strong cash flow.
    Where is this quadplex located?
    The property is located at 13-17 Westminster St Fitchburg, MA.
    What is the asking price?
    The asking price for this property is $580,000.
    What are key features of this property?
    This property features: - Immediate cash flow from a four-unit property in North Central Massachusetts.; - Separate tenant-paid utilities and recent capital improvements (newer roof, replacement windows, vinyl siding, four tankless water heaters) reduce operating costs.; - **Updated units with new flooring and fresh paint provide a modern living environment.**
    (508) 989-6943
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    13-17 Westminster St 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
    13-17 Westminster St Fitchburg, MA 01420
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