332 Kimball St Fitchburg MA 01420 MLS #73358335

332 Kimball St
Fitchburg, MA, 01420
$1,099,888
14 Beds
6 Baths
6,804 SqFt
0.29 Acres
$1,099,888
332 Kimball St
Fitchburg, MA, 01420
Fantastic investment opportunity in Fitchburg’s “Opportunity Zone,” offering valuable tax incentives for investors. Currently generating over $8K/month in rent with substantial room for growth due to under-market rents. With minor updates, 2-bedroom units can be converted into 3-bedroom units, increasing potential income to (6) 3-bedroom units. Recent upgrades over the past 8 years include remodeled kitchens and bathrooms, new flooring, electrical panels, and added insulation throughout. The property features separate utilities, including 6 gas boilers and 6 – 60 amp electric panels. 2 top Units has been remodeles within the last 3 years and has beautiful kitchen with quartz countertops and SS appliances. Come and make this property your next solid and profitable investment.

Property Details

Price:
$1,099,888
MLS #:
73358335
Status:
Active
Beds:
14
Baths:
6
Address:
332 Kimball St
Type:
Multi Family
Subtype:
5-9 Family
City:
Fitchburg
Listed Date:
Apr 10, 2025
State:
MA
Finished Sq Ft:
6,804
Total Sq Ft:
6,804
ZIP:
01420
Lot Size:
12,611 sqft / 0.29 acres (approx)
Year Built:
1920
Units:
6

Schools

Interior

Appliances
Range, Disposal, Refrigerator
Bathrooms
6 Full Bathrooms
Flooring
Hardwood, Wood, Carpet

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Laundromat, Bike Path, Public School, University
Construction Materials
Frame
Exterior Features
Balcony/ Deck, Balcony, Rain Gutters
Parking Features
Paved Drive, Off Street
Parking Spots
6

Financial

Net Operating Income
$64,000
Tax Year
2025
Taxes
$9,322
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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