5 Gibson Pl 6 Unit Apartment Building $1,664,325 CAD ($277,388 CAD/Unit) 8.95% Cap Rate Fitchburg, MA 01420
INVESTMENT HIGHLIGHTS
- 6-Unit Multifamily Property
- Recent Interior Upgrades
- Off-Street Parking
- Three-Bedroom Units
- Tenant Paid Utilities
EXECUTIVE SUMMARY
Northeast Private Client Group® is pleased to present The Gibson Place Apartments, a 6-unit multifamily property located at 5 Gibson Place in Fitchburg, Massachusetts.
The Gibson Place Apartments consists of (6) three-bedroom units. There is off-street parking and tenants are responsible for their utilities. The Gibson Place Apartments provides an investor the opportunity to acquire a well-maintained apartment property with the ability to raise rents to market level.
All interested & qualified parties will have the opportunity to tour the property during scheduled showings
The Gibson Place Apartments consists of (6) three-bedroom units. There is off-street parking and tenants are responsible for their utilities. The Gibson Place Apartments provides an investor the opportunity to acquire a well-maintained apartment property with the ability to raise rents to market level.
All interested & qualified parties will have the opportunity to tour the property during scheduled showings
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PROPERTY FACTS
| Price | $1,664,325 CAD |
| Price Per Unit | $277,388 CAD |
| Sale Type | Investment |
| Cap Rate | 8.95% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 5,040 SF |
| No. Stories | 2 |
| Year Built | 1900 |
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PROPERTY TAXES
| Parcel Number | FITC-000017-000046 | Improvements Assessment | $602,665 CAD |
| Land Assessment | $116,931 CAD | Total Assessment | $719,595 CAD |
ZONING
| Zoning Code | RB |
