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141 Mechanic St

Fitchburg, Fitchburg, MA 01420
$770,000
12 Beds
4 Baths
4,864 Living Area
  • Property Description
    Exceptional income-generating 4 family, all with separate utilities and laundry hookups in each unit. Tenants pay their own heat & electricity. One long term, at-will tenant would love to remain. Current rent below market. Other 3 units will transfer vacant providing flexibility for owner occupancy seeking rental income or ideal for investors. Property consists of 12 bedrooms and 4 bathrooms. Eight parking spaces. Improved front & rear entrances with newer stairways. Each unit has separate entrances. Transfer consists of one unified lot, previously two lots. See both Deeds. If you are looking for strong cash flow, future rent growth, and long-term equity appreciation in a growing market, this is it! Near downtown Fitchburg and Fitchburg State University, public transportation and other local amenities. Don't miss your chance to secure a multi-family asset with the ability to choose your tenants. Open Houses Saturday, July 18, 10 am - 1 pm, and Sunday, July 19, 10 am - 12 noon.
  • Highlights
    • Area: Fitchburg
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1910
    • Heating: Forced Air, Natural Gas
    • Parking Spots: 8
    • Property Type: 4 Family - 4 Units Up/Down
    • Total Rooms: 20
    • Status: Closed
  • Additional Details
    • Appliances: Range, Dishwasher, Disposal, Refrigerator, Microwave
    • Construction: Stone
    • Foundation: Concrete Perimeter, Block
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: Rc
    • Basement: Full, Interior Entry, Dirt Floor
    • Flooring: Wood, Tile, Vinyl / VCT
    • Interior Features: Bathroom with Shower Stall, Remodeled, Bathroom With Tub & Shower, Living Room, Kitchen
    • Roof: Rubber
    • Total Number of Units: 4
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Public School, T-Station
    • Parking Features: Paved Drive, Off Street, Paved
  • Utilities
    • Electric: Circuit Breakers, Common
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $729,500
    • Tax Year: 2026
    • Total Rent: $5,450
    • Rental Fee Includes: Unit 1(Water, Hot Water, Other (See Remarks)), Unit 2(Water, Hot Water, Other (See Remarks)), Unit 3(Water, Hot Water, Other (See Remarks)), Unit 4(Water, Hot Water, Other (See Remarks))
    • Taxes: $8,609

Location

141 Mechanic St, Fitchburg, MA 01420

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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 Liriano Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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