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332 Kimball St

$1,149,888

332 Kimball St, Lunenburg, MA 01420

Active
Last Updated: 04/18/2025

6,804 sqft

Building Size

0.29 acres

Lot Area

Details:
Building Size:    6,804 sqft
Lot Area:    0.29 acres
Year Built:    1920
MlsNumber:    73358335
Baths:    6
Beds:    14
Highlights:
  • Area Amenities: Jogging / Biking Path
  • Basement: Walk-out
  • Exterior Description: Wood Frame
  • Exterior Living Space: Balcony / Lanai
  • Flooring: Wall to Wall Carpet
  • Garage Description: No Garage
  • General: Ceiling Fan(s)
  • Water: Municipal Water
Description:

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.

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