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$1,375,000
27
Beds
7
Baths
10,631
Living Area
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Property Description
This well-maintained 7-unit property consists of six 4-bedroom/1-bathroom and one 3-bedroom/1-bathroom units, totaling 10,631 sq ft of living space. Each unit is separately metered for heat, hot water, and electricity. The water & sewer is sub-metered. Six (6) of the seven (7) units reimburse the landlord for usage. Additionally, the electrical systems were fully updated in 2023. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of $12,953 monthly. Centrally located 0.3-miles from the Fitchburg Train Station (Intermodal Train Station) and 0.4-miles from Fitchburg State University plus a short walk from downtown amenities. Listed at an 8.92 cap rate, this property represents a valuable investment in a growing Fitchburg market.
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Highlights
- Has View: Yes
- Property Class: Residential Income
- Total Rooms: 43
- Status: Closed
- Parking Spots: 10
- Property Type: 5-9 Family
- Year Built: 1900
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Additional Details
- Foundation: Stone
- Roof: Rubber
- View: City
- Year Built Source: Public Records
- Lot Features: Corner Lot, Gentle Sloping
- Total Number of Units: 7
- Year Built Details: Approximate
- Zoning: Rc
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Amenities
- Community Features: Public Transportation, University
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Utilities
- Sewer: Public Sewer
- Water Source: Public, Individual Meter
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Fees / Taxes
- Assessed Value: $701,600
- Compensation Based On: Net Sale Price
- Tax Year: 2024
- Total Rent: $12,953
- Buyer Agent Compensation: 2.5%
- Rental Fee Includes: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
- Taxes: $10,391
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
