Fitchburg Four-Unit Investment Property

436 Franklin Road Fitchburg, MA 01420

Claim this Listing
For Sale
$665,000

Well-maintained four-unit property in Fitchburg with strong cash flow.

Type:Multi-family / 4 Family - 4 Units Up/Down
Property size:
2,860 SF
Price / SF:
$232/SF
Added:
Apr 25, 2026
Days on Market:
78
Last Refresh:
May 27 at 7:37 am

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 office LPT Realty, LLC

Listing date Apr 25, 2026

Source Compass

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 (±1% cap)
NOI $38,661 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$480.6K
$420.6K – $560.8K (±1% cap)
NOI $33,645 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$976.6K
$854.6K – $1.14M (±1% cap)
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

Suggested Use

Real Estate Agency Law Firm Dental Office Restaurant Hair Salon Spa & Massage Center Building Supply Nail Salon Auto Repair Shop Skin Care Clinic

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

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.
Contact an agent
More about this property
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