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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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76 Summer St , Fitchburg, MA 01420
$3,500,000
Est. Payment: $7,777.78/mo
0 Bed
0 Bath
40000 Sqft
Status: Active | Days on site: 169
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House Description

Value-Add Multi-Tenant Office Investment with projected $500,000 Stabilized NOI. 76 Summer Street in Fitchburg MA presents a compelling opportunity to acquire a four-story, elevator-served multi-tenant office building offering strong in-place income with significant upside through strategic leasing and asset management. The property features approximately 55,000 square feet of gross building area and approximately 40,000 square feet of net rentable space, situated on 2.29 acres with ample on-site parking and flexible suite configurations. Currently configured as a 68-suite professional office asset, the property accommodates a diverse tenant base ranging from small professional users to larger full-floor occupants. Suite sizes can be subdivided from approximately 94 square feet to 11,000 square feet, allowing the building to support a broad range of tenant requirements and enhancing leasing flexibility.

Highlights

Listed by Kenneth J. Leva , 978-877-8194 Gibson Sotheby's International Realty , 617-242-4222.

Property Type

Commercial Sale

Lot/Acreage
2.29

Year Built

1969

County

Worcester

Area

Fitchburg

Listing ID

73494360

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Legal Conforming
Principal Interest
$7,778
Taxes
$3,983

Home Price

$3,500,000

Loan Details

30 yrs
%

Down Payment

20%
$700,000
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Monthly Price:
$7,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,777.78 $3,983.08 $0.00 $11,760.86
Yearly $93,333.33 $47,797.00 $0.00 $141,130.33
Total $2,800,000.00 $1,433,910.00 $0.00 $4,233,910.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fitchburg, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.