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MultiFamily Property at 44 Winter Street in Fitchburg

MultiFamily Property at 44 Winter Street in Fitchburg
FOR SALE
View more

$1,275,000

44 Winter Street, Fitchburg, MA 01420

4,188 SF

Square Feet

$304

PPSF

7

Units

100.0K

PPU

6.75%

CAP

Property Description

Units

7 — PPU: 100.0K

NOI

$86,062

Cap Rate

6.75%

44 Winter Street sits in an established residential neighborhood within close proximity to downtown Fitchburg, offering tenants convenient access to local shops, restaurants, municipal services, and everyday amenities. The location draws from a stable, working-class rental base that has long characterized the Fitchburg market tenants who value accessibility and affordability in equal measure.


The property is well-positioned within the city's core rental corridor, where consistent occupancy and steady demand make it a reliable performer for local investors. MBTA commuter rail access nearby adds an additional layer of tenant appeal for those commuting along the Route 2 corridor.


— 7 units | 6 one-bedroom, 1 two-bedroom

— 5 of 7 units fully renovated

— Extensive documented capital improvements (2021–2025)

— Individual electrical panels and meters per unit

— Majority of units individually gas metered

— 14 off-street parking spaces (2 per unit)

— Additional garage with rental income potential

— Laundry income in place

— 2 tenancy-at-will units with near-term rent upside

— MBTA commuter rail access nearby

— Walking distance to downtown Fitchburg


Property Details

Asset Type

MultiFamily

Year Built

1920

Zoning

RC

Lot Size

21,780 SF

Neighborhood

Downtown

Submarket

Fitchburg

ZIP

01420

Renovated

2026

Listing Type

sale

Net Operating Income (NOI)

$136,538

Debt Service Coverage Ratio (DSCR)

1.88x

Cap Rate

10.71%

Cash Flow (Annual)

$64,008

Cash-on-Cash Return

20.08%

Monthly Debt Service

$6,044

Annual Debt Service

$72,530

View on Map

Address

44 Winter Street

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Fitchburg MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

Brendan Toohey

Brendan Toohey

Associate Broker

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Brendan Toohey

Brendan Toohey

Associate Broker

Call