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    168 Lunenburg St Fitchburg, MA 01420

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    For Sale
    $749,900

    7-unit mixed-use property with commercial storefront and residential apartments.

    Lot size:
    0.09 Acres

    Property Features for 168 Lunenburg St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1940

    Source: Nixon Realty Inc. Agent Ryan Miranda

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

    Overview

    Mixed-Use Investment Opportunity

    This large 7-unit mixed-use property is located in downtown Fitchburg, featuring 6 residential apartments and 1 commercial storefront. Situated on a high-visibility corner, the building contains 12 total bedrooms and 6.5 baths. Each residential unit offers spacious layouts and updated vinyl flooring. The property includes a variety of unit styles, providing rental flexibility. The commercial space on the first floor offers strong street exposure, contributing additional income potential. Several units have been refreshed with modern finishes. Electrical work was redone in 2019, and a new roof was installed within the last year.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7831923
    Latitude
    42.5842039

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    FAQs

    What type of property is this?
    Mixed-use property - 7-unit mixed-use property with commercial storefront and residential apartments.
    Where is this mixed-use property located?
    The property is located at 168 Lunenburg St Fitchburg, MA.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: - High-visibility corner location in Downtown Fitchburg.; - 7-unit mixed-use property (6 residential, 1 commercial).; - New roof installed within the last year.
    (508) 577-3620
    Request Owner's contact information
    168 Lunenburg 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
    168 Lunenburg St Fitchburg, MA 01420
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