9-11 Franklin St, Fitchburg, MA 01420
Well-located three-family property with strong income potential.
- Added:
- Apr 13, 2026
- Days on Market:
- 60
- Last Refresh:
- Apr 20 at 6:27 pm
Property Features for 9-11 Franklin St
General Information
- Standard status
- Active
- Size
- 4,385 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1900
Listing agent Harold Mateo (978) 430-6710
Listing office RSC Global Realty (978) 430-6710
Listing date Apr 13, 2026
Source Lockandkeyre
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HighLights
- Strong income‑producing potential from three units.
- Ideal for owner‑occupants seeking rental income.
- Convenient location near shopping, dining, schools, public transportation, and major commuter routes.
- Nine total bedrooms provide rental flexibility.
- Additional two‑story garage offers enthusiast space or ADU conversion potential.
- Generous unit sizes and practical layouts.
Overview
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 | $86.8k | $19.80 |
| − Vacancy | −$2.1k | −$0.49 |
| EGI | $84.7k | $19.31 |
| − OpEx | −$25.4k | −$5.79 |
| NOI | $59.3k | $13.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fitchburg
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.8064802
- Latitude
- 42.582425