MultiFamily Property at 44 Winter Street in Fitchburg
$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.