24-26 Arlington Street is well-located in a residential neighborhood 0.4-miles from the center of Downtown Fitchburg. The three-story building contains four (4) residential units consisting of two (2), 5-Bedroom/1.5-Bathroom units, one (1), 3-Bedroom/1-Bathroom unit, and one (1), 2-Bedroom/1 Bathroom unit with 6,331 square feet of living space in 8,626 square feet of gross area on a 0.0854-acre parcel. The Property is 1-mile from the Fitchburg Train Station (Intermodal Train Station), and 1.3-miles from Fitchburg State University. The location offers convenient access to the area’s major roadways, public transportation, and numerous retail amenities in both the downtown and along John Fitch Highway. The in-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply constrained residential market.
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