Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    58 Arlington St Fitchburg, MA 01420

    View on Map
    Loading data...
    Loading data...
    Loading data...
    Pending
    Contact for pricing

    Well-maintained, move-in ready triplex near downtown Fitchburg.

    Lot size:
    0.06 Acres

    Property Features for 58 Arlington St

    General Information

    Property type
    Investment
    Standard status
    Pending
    Lot size
    0.06 Acres

    Building Details

    Year built
    1910

    We can help!

    Listing Contact
    Svetlana Matveeva
    Source: Elliman

    Listing Agent: Svetlana Matveeva

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

    Learn more

    Overview

    Fitchburg Triplex with Solar Panels

    This well-maintained, move-in ready 3-family home presents an opportunity for investors or owner-occupants. The main floor unit will be delivered vacant. The property features gas heat and solar panels for energy efficiency. All utilities are separate. There are three spacious back decks with views of the Fitchburg hills. The property has a newer roof, newer plumbing, and two newer hot water heaters. Abundant on-street parking is available. The property is located close to downtown Fitchburg, with easy access to shops, City Hall, MART station, and Fitchburg State University.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8097799
    Latitude
    42.5887077

    Nearby Similar for Sale

    • New
      $699,900
      2,018 SF

      Fitchburg Mixed-Use Building For Sale

      Newer mixed-use building with parking and oversized garage.
      381 Summer St, Fitchburg, MA 01420
      View Details
    • New
      $495,000
      2,577 SF

      Fitchburg Two-Family Property For Sale

      Well-maintained two-family property, ideal for owner-occupants or investors.
      22 Hawes St, Fitchburg, MA 01420
      View Details
    • $579,000
      3,534 SF

      Historic Fitchburg Multifamily with Charm

      Meticulously maintained multifamily with original architectural details and income potential.
      143 Summer St, Fitchburg, MA 01420
      View Details
    • $349,900
      1,992 SF

      Fitchburg Two-Family Investment Property

      Two-family property with long-term tenants and immediate income potential.
      208 Laurel St, Fitchburg, MA 01420
      View Details
    • $429,900
      1,440 SF

      Fitchburg Two-Family Home For Sale

      Well-maintained two-family home, updated, with separate utilities in Fitchburg.
      21 Boutelle St, Fitchburg, MA 01420
      View Details
    • $574,888
      4,938 SF

      Solid Brick Home in Fitchburg

      Updated brick home near university, downtown, and commuter rail.
      58 A B Oliver St, Fitchburg, MA 01420
      View Details
    • $699,900
      Pending

      Fitchburg Multi-Unit Investment Opportunity

      Four units near downtown and university, ideal for investors.
      62 Grove St, Fitchburg, MA 01420
      View Details
    • $69,000
      Pending

      Downtown Fitchburg Commercial Property

      Commercial property in revitalizing downtown Fitchburg, near commuter rail.
      17 Summer St, Fitchburg, MA 01420
      View Details

    FAQs

    What type of property is this?
    Triplex - Well-maintained, move-in ready triplex near downtown Fitchburg.
    Where is this triplex located?
    The property is located at 58 Arlington St Fitchburg, MA.
    What are key features of this property?
    This property features: - Main floor unit delivered vacant, offering immediate flexibility for owner-occupancy or rental.; - Three spacious back decks with stunning views of the Fitchburg hills.; - Gas heat and solar panels for energy efficiency.
    (978) 868-0829
    Request Owner's contact information
    58 Arlington St Fitchburg, MA 01420
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    58 Arlington St
    Fitchburg, MA 01420
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    58 Arlington St Fitchburg, MA 01420
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Svetlana Matveeva
    (978) 868-0829 (978) 840-3030
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!