767 Riv St, Fitchburg, MA 01420-2823
This exceptional mixed-use property, located at 767 River Street in Fitchburg, Massachusetts, presents a compelling investment opportunity. The building encompasses 2,616 square feet situated on a 0.11-acre lot. The ground floor features a sizable commercial space with high visibility on River Street/Route 2A, making it ideally suited for a professional office or retail business. This space benefits from excellent street exposure, ensuring high traffic and visibility for any tenant. Above the commercial space is a well-maintained four-bedroom, two-bathroom apartment. Recent updates to the apartment include a brand-new kitchen, modern luxury vinyl tile (LVT) flooring throughout, and completely renovated bathrooms. The apartment's layout is thoughtfully designed, with a first-floor living area comprising a living room, dining room, laundry area, a bedroom, and a kitchen. Upstairs, three additional bedrooms and a second bathroom provide ample living space. The property's asking price is $399,900. This mixed-use building offers a unique blend of commercial and residential income potential, making it an attractive investment in a desirable Fitchburg location. The property's zip code is 01420, and it is located in Worcester County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NB · Fitchburg, MAFitchburg. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.