123 Myrtle Ave
$619,000
12
Beds
3
Baths
4,144
Sqft
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$619,000
12
Beds
3
Baths
4,144
Living Area
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Property Description
Investor Opportunity! 3-family property in a prime rental location just a short walk to Fitchburg State University. Each spacious unit features 4 bedrooms and is currently leased to college students, generating $2,000 per month per unit ($6,000 monthly gross income) with leases through May 2027. All units have separate utilities, making management more efficient for investors. Conveniently located near the MBTA commuter rail station, MART bus routes, shopping, restaurants, coffee shops, churches, and other local amenities. All units are occupied with leases in place, providing immediate, steady rental income. Whether you're looking to expand your portfolio or make your first investment, this income-producing property is one you won't want to miss! All hot water heaters and heating systems are new.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1910
- Parking Spots: 6
- Property Type: 3 Family
- Total Rooms: 18
- Status: Active
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Additional Details
- Basement: Full
- Flooring: Wood, Vinyl
- Lot Features: Corner Lot
- SqFt Source: Other
- Year Built Details: Approximate
- Zoning: Rc
- Construction: Frame
- Foundation: Stone
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Park, Public School, T-Station, University, Sidewalks
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $459,900
- Taxes: $6,213
- Tax Year: 2025
- Total Rent: $6,000
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