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475 Water St

Fitchburg, MA 01420
$644,000
9 Beds
3 Baths
3,507 Living Area
  • Property Description
    Discover an exceptional owner-occupant, or investor opportunity! This updated, 3-unit property is priced to move. The vacant first floor is fully renovated with new cabinets, granite counters, modern lighting, appliances, flooring, paint & blinds. The second floor features a reliable 15-year tenant, while the third floor was updated within the last few years with new cabinetry, appliances & tile work. Each of the three units offers 3 bedrooms, ensuring high rent potential. The building boasts 4-6 off-street parking spots and a durable slate roof in great condition. Situated in a prime location near local amenities & commuter routes. All utilities are separately metered & newer gas furnaces provide efficient heating. Similar properties are selling for 10% more, making this a smart investment. Don't miss this rare, income-generating gem with significant updates at a fantastic price.
  • Highlights
    • Heating: Forced Air, Natural Gas
    • Parking Spots: 6
    • Property Type: 3 Family
    • Total Rooms: 18
    • Status: Closed
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1902
  • Additional Details
    • Basement: Full, Interior Entry, Bulkhead, Dirt Floor, Concrete
    • Foundation: Granite
    • Lot Features: Level
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: Nb
    • Construction: Frame
    • Interior Features: Kitchen, Family Room
    • Road Frontage Type: Public
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School
    • Parking Features: Paved Drive, Off Street
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $446,600
    • Tax Year: 2025
    • Total Rent: $2,950
    • Rental Fee Includes: Unit 2(Water)
    • Taxes: $6,034

Location

475 Water 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 TopHills Realty Partners, LLC. 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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