$400,000
8
Beds
5
Baths
4,608
Living Area
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Property Description
Calling all Investors! Fitchburg State University neighborhood 5-family property offers strong rental potential with a solid TAW tenant base already in place. Five electric meters and gas meters so easy for the utilities to be fully separated. While the property could use some updates and TLC, it presents an excellent value-add opportunity for those looking to increase equity and income over time. Additional highlights include 6 off-street parking spaces and a convenient location close to public transportation, shopping & downtown. Whether you're a seasoned investor or just getting started, this multi-family property has the bones to be a long-term winner. Showings during weekend open house. Please do not disturb tenants. Sold AS IS.
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Highlights
- Heating: Natural Gas
- Parking Spots: 6
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 24
- Status: Closed
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone, Granite
- Roof: Tar/Gravel
- Total Number of Units: 5
- Year Built Source: Public Records
- Basement: Unfinished
- Flooring: Wood, Tile, Vinyl, Carpet
- Interior Features: Pantry, Living Room, Kitchen, Office/Den, Dining Room, Laundry Room, Family Room
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rc
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Amenities
- Community Features: Public Transportation, Shopping, Laundromat, T-Station, University
- Parking Features: Paved Drive
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $382,000
- Tax Year: 2025
- Total Rent: $4,350
- Rental Fee Includes: Unit 1(Heat, Electric, Gas, Water, Hot Water), Unit 2(Heat, Electric, Gas, Water, Hot Water), Unit 3(Heat, Electric, Gas, Water, Hot Water)
- Taxes: $5,161
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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 Four Points Real Estate, LLC.
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