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168 Lunenburg St, Fitchburg, MA, 01420

14beds
7baths
9,368sqft
$1,099,995
$117price/sqft
$9,088/moest. monthly cost
$363,520/yrincome needed

About This Home

7-Unit Mixed-Use in Fitchburg – Six Renovated Residential Units, New Roof, Commercial Space. 168 Lunenberg Street is a mixed-use building with six fully renovated residential units, new roof, and a commercial space on the ground floor. The building offers fourteen bedrooms across the six residential units, all currently occupied. Current in-place rents total $11,490 a month. There is room to push rents closer to $12,000 as units turn over, giving a buyer both immediate income and a clear path to grow it. The ground-floor commercial space is currently occupied without a lease, giving the next owner flexibility in the future. Paired with a fully renovated residential component and a new roof, 168 Lunenberg Street offers a buyer stabilized cash flow today with meaningful upside built in as rents and the commercial space are brought up to their full potential. Open House Saturday, August 8th, 11:00 AM–1:00 PM.

Getting Around

78
WalkingVery Walkable
43
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

3/10
McKay Elementary SchoolGrades 1-50.8 mi
3/10
2/10
Fitchburg High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Block
  • Roof: Rubber
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 14
  • Bathrooms: 7
  • Full bathrooms: 7

Features

  • Flooring: Vinyl,Carpet
  • Finished area below ground: 3,907
  • Finished area above ground: 5,461

Interior Area

  • Total structure area: 9,368
  • Total interior livable area: 9,368 sqft

Property

Details

  • Parcel number: M:0046 B:0014 L:0,1504162
  • Zoning: RC

Lot

  • Lot size: 3,868 sqft
  • Features: Corner Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Ice Storm

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$446$5,352
Property Taxes $1,233$14,796
Electricity $1,847$22,167
Total$9,088$109,056
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$311,588/yr
40% on housing$272,640/yr
45% on housing$242,346/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$117This listing

vs Other Active Listings

Avg $/sqft

ZIP 01420$213
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01420$263
Worcester County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-23Listed for sale$1,099,995
2025-11-17Sold$725,000
2025-10-08Listed for sale$749,900
2022-04-08Sold$475,000
2021-10-18Contingent$559,900
2021-09-10Price change$559,900
2021-08-16Price change$579,900
2021-07-01Listed for sale$599,900
2015-02-24Sold$117,500
1998-01-07Sold$105,000
1995-09-01Sold$35,000

For Sale by Agent

AgentCandor Investment Group
BrokerageeXp Realty LLC

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