Fitchburg Four-Unit Investment
436 Franklin Road Fitchburg, MA 01420
436 Franklin Road, Fitchburg, MA, 01420
$665,000
For Sale
$665,000
Well-maintained four-unit property in Fitchburg with strong cash flow.
Property Size2,860 SF
Price / SF$232.52
Days on Market84
Property Features for 436 Franklin Road
General Information
- Standard status
- Active
- Size
- 2,860 SF
- Property subtype
- Multi-family / 4 Family - 4 Units Up/Down
Building Details
- Year Built
- 1900
Listing Agency
LPT Realty, LLC
(877) 366-2213
Listed by
Kellie Trudeau · License #9587656
(877) 366-2213
Source
Compass
Added: Apr 25 Checked: Jul 16 at 7:49 am
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 LPT Realty, LLC
Investment Insights
Based on property information with market context.
This well-maintained four-unit property presents an exceptional investment opportunity in a desirable Fitchburg neighborhood. All units are currently occupied, demonstrating a proven income history and strong cash flow. The property is conveniently located near shopping, restaurants, and golf courses, with easy access to Route 2 and the commuter rail. Individual gas heat and hot water, separate electric meters, paved off-street parking, and a good size yard contribute to the property's attractiveness and low-maintenance appeal. The property size is 2860 square feet.
Key Highlights
- Strong cash flow with all 4 units currently occupied and a proven income history.
- Individual gas heat and hot water, plus separate electric meters for each unit.
- Convenient location near shopping, restaurants, golf courses, Route 2, and the commuter rail.
Local Financial Insights For Multifamily LT 5
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 | $56.6k | $19.80 |
| − Vacancy | −$1.4k | −$0.49 |
| EGI | $55.2k | $19.31 |
| − OpEx | −$16.6k | −$5.79 |
| NOI | $38.7k | $13.52 |
2,860 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$552.3K
$483.3K – $644.4K
NOI $38,661 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$480.6K
$420.6K – $560.8K
NOI $33,645 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$976.6K
$854.6K – $1.14M
NOI $68,365 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained four-unit property in Fitchburg with strong cash flow.
Where is this quadplex located?
The property is located at 436 Franklin Road Fitchburg, MA.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Strong cash flow with all 4 units currently occupied and a proven income history.; Individual gas heat and hot water, plus separate electric meters for each unit.; Convenient location near shopping, restaurants, golf courses, Route 2, and the commuter rail.
