Four-Unit Multifamily
26-28 Wood Street Fitchburg, MA 01420
26-28 Wood Street, Fitchburg, MA, 01420
$685,000
For Sale
$685,000
Four separate residential units each include a private deck, bath, and kitchen with pantry space.
Property Size4,842 SF
Price / SF$141.47
Days on Market92
Property Features for 26-28 Wood Street
General Information
- Standard status
- Active
- Size
- 4,842 SF
- Property subtype
- Multi-family / 4 Family
Building Details
- Year Built
- 1910
Listing agency
eXp Realty
(888) 854-7493
Listed by
Candor Investment Group
(888) 854-7493
Source
Compass
Added: Apr 22 Updated: Jul 21 at 2:04PM Checked: Jul 22 at 11:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This four-unit multifamily property offers a separate layout for each unit, with its own deck, bath, living area, and kitchen including a pantry. Three units also include mudrooms, and the bedroom configuration is 3/3/3/2. Oversized closets throughout provide notable storage, and many areas feature hardwood flooring, high ceilings, and wood doors.
The electrical system totals 400 amps with 100-amp boxes for each unit, along with four hot water heaters and multiple ranges (three gas and one electric). The property also has a rubber roof estimated to be 5–6 years old.
The building is offered for sale as an income-focused quadplex, positioned for either owner-occupied use or investment ownership.
The electrical system totals 400 amps with 100-amp boxes for each unit, along with four hot water heaters and multiple ranges (three gas and one electric). The property also has a rubber roof estimated to be 5–6 years old.
The building is offered for sale as an income-focused quadplex, positioned for either owner-occupied use or investment ownership.
Key Highlights
- 1910‑built 4‑unit multi‑family with 4 full baths and total 4,842 sq ft
- Each unit includes a private deck, bath, and kitchen with pantry space
- Hardwood flooring throughout most of the home, plus high ceilings and wood doors, foyer, and staircase
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.3k | $21.96 |
| − Vacancy | −$2.8k | −$0.57 |
| EGI | $103.6k | $21.39 |
| − OpEx | −$46.6k | −$9.63 |
| NOI | $57.0k | $11.76 |
4,842 SF · lease $21.96/SF/yr · vacancy 2.60% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$935.0K
$818.2K – $1.09M
NOI $65,453 @ 7.0% cap · market cap 9.56%
Second Best
Apartment 5plus
$813.7K
$712.0K – $949.4K
NOI $56,961 @ 7.0% cap · market cap 8.32%
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M
NOI $115,743 @ 7.0% cap · market cap 16.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four separate residential units each include a private deck, bath, and kitchen with pantry space.
Where is this quadplex located?
The property is located at 26-28 Wood Street Fitchburg, MA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 1910‑built 4‑unit multi‑family with 4 full baths and total 4,842 sq ft; Each unit includes a private deck, bath, and kitchen with pantry space; Hardwood flooring throughout most of the home, plus high ceilings and wood doors, foyer, and staircase
