62-a/d Grove Street
$675,000
9
Beds
4
Baths
3,542
Sqft
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$675,000
9
Beds
4
Baths
3,542
Living Area
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Property Description
NEW PRICE! STRONG CASH-FLOW POTENTIAL + FHA & VA FINANCING OPTIONS FOR QUALIFIED OWNER-OCCUPANTS!This fully vacant, move-in-ready four-family offers an exceptional opportunity for investors and owner-occupants. Live in one unit and rent the remaining three to help offset your mortgage, or lease all four units and maximize the property’s rental-income potential.The flexible unit mix includes a spacious bi-level 4-bedroom, 1-bath residence, two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit. Major improvements include updated electrical throughout, a new roof, a new water heater, laundry, and separately metered heat and electricity for each unit.With all four units vacant, the new owner has the freedom to select tenants, establish rents, and implement an income strategy without inheriting existing leases.Centrally located near the YMCA, local schools, downtown Fitchburg, restaurants, shopping, transportation, and approximately four minutes from Fitchburg State University, an attractive and convenient location for both residents and tenants.Whether you’re looking for an FHA or VA owner-occupied multifamily, a house-hacking opportunity, or an income-producing addition to your investment portfolio, this property deserves a closer look. Schedule your showing today!FHA and VA financing are subject to borrower qualification, appraisal, lender approval, and applicable program guidelines.
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Highlights
- Levels: 5
- Property Type: 4 Family
- Total Rooms: 14
- Status: Active
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Basement: Unfinished
- Foundation: Granite
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Db
- Construction: Frame
- Lot Features: Easements
- Roof: Shingle, Slate
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Parking Features: On Street
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Utilities
- Electric: 220 Volts
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $444,800
- Taxes: $9,999
- Tax Year: 2025
- Total Rent: $8,000
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