Four-Unit Multifamily
For Sale
$799,900
Pending
270 Fairmount St, Fitchburg, MA 01420
Residential Income, Fitchburg, MA
Property Size3,960 SF
Lot Size0.11 Acres
Days on Market52
Property Features for 270 Fairmount St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RC
Bedrooms
11
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 8, Bedroom 6, Bedroom 11, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 7, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 9, Bedroom 10, Bedroom 2
Parking
1
Directions
Please use GPS.
Standard status
Pending
APN
M:0063 B:0026 L:0000,1504977
Size
3,960 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8181
Building Details
Year built
1935
Floors in Building
4
Number of units
4
Listing Agency:
Keller Williams Realty
Listed By:
Susan Rochwarg
(978) 475-2111
Added: Sep 8
Changed: Oct 24
Last Checked: Oct 29 at 7:06PM
MLS# 73573657
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,960-square-foot multifamily property contains four residential units, including three three-bedroom units and one two-bedroom unit. Built in 1935, the property sits on a 0.1148-acre lot and carries RC zoning.
Located at 270 Fairmount St in Fitchburg, Massachusetts, the building offers a mix of unit configurations within an established residential property. The four-unit layout supports separate residential occupancy across the building, with bedroom and bathroom counts reflected in the existing configuration.
Located at 270 Fairmount St in Fitchburg, Massachusetts, the building offers a mix of unit configurations within an established residential property. The four-unit layout supports separate residential occupancy across the building, with bedroom and bathroom counts reflected in the existing configuration.
Key Highlights
- Four‑unit multifamily property
- Three 3‑bedroom units and one 2‑bedroom unit
- 3,960 square feet of property area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,530
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,070,600
$1.1M
Cap Rate 7%
$764,714
$764.7K
Cap Rate 9%
$594,778
$594.8K
Market Conditions
NOI Build-Up for 3,960 SF
Gross rent
$78.4K $19.80/SF
− Vacancy
−$1.9K −$0.49/SF
EGI
$76.5K $19.31/SF
− OpEx
−$22.9K −$5.79/SF
NOI
$53.5K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,070,600
Cap Rate 7%
$764,714
Cap Rate 9%
$594,778
Alternative Uses
Best Use
Multifamily LT 5
$764.7K
$669.1K – $892.2K
NOI $53,530 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$665.5K
$582.3K – $776.4K
NOI $46,585 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,660 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
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Business Placement
Demographics for 01420, MA
41,940
Population
17,998
Households
2.3
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
30.1 sq mi
ZIP Area
1,393
Density / Sq Mi
$70,334
Median Household Income
$41,753
Median Earnings
$1,131
Median Rent
$294,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units include three three-bedroom layouts and one two-bedroom layout.
Where is this quadplex located?
The property is located at 270 Fairmount St Fitchburg, MA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Four‑unit multifamily property; Three 3‑bedroom units and one 2‑bedroom unit; 3,960 square feet of property area
