
10 Thorndike Street Fitchburg — Photo 1 of 1
$830,000
Investment Analysis — 10 Thorndike Street
Fitchburg, MA 01420 — Fitchburg
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a home in 01420 carries an estimated $1,140/mo in gross rent — about a 0.05% cap rate and $437/yr in estimated NOI at the $830,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
4
SqFt
12,804
Style
Other
Built
1964
Well-maintained freestanding fraternal organization building situated on a large corner lot (1.51 acres) in a residential area. The main level offers approximately 6,403 SF, including meeting rooms, offices, storage, restrooms, and a large main hall. The lower level (6403 SF +/-) features a function hall, commercial grade fully equipped kitchen, game room, and restrooms. Additionally, there is 2,000 SF of easy access attic storage. The property is RA-zoned, permitting institutional, municipal, educational, and house-of-worship uses. It is ideally suited for a house of worship with function space, worship hall, classrooms, and multiple-fixture men's and women's restrooms. Other potential allowed uses include daycare or adult daycare, with ample outdoor space and abundant parking. Given the available frontage, and RA zoning, this property may also offer residential development possibilities; per applicable town requirements. The property is conveniently located near Routes 2, I-190, and I-495; approximately 45+ minutes West of Boston and 25+ minutes North of Worcester. The building has been well maintained; roof approximately 20 years old and heating system approximately 8–10 years old. The heating system is divided into four independent zones. Additional features include an elevator shaft and 400 amp electric service. Current Appraisal in hand. Please contact list agent for more details. Shown by appointment only.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$830,000
Sep 10, 2026
MLS® 73575306
$2,500
Mar 31, 2025
MLS® 73306008
$2,500
Oct 24, 2024
MLS® 73306008
Listing Agent: Jane Fortier
Listing Office: LAER Realty Partners
MLS® Number: 73575306