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748 Water St

Fitchburg, MA 01420
$575,000
6 Beds
3 Baths
4,134 Living Area
  • Property Description
    Excellent opportunity for investors to acquire a three-family property with strong upside potential in a highly desirable location. Each unit offers a functional layout with two bedrooms, one bathroom, a living room, dining room, and kitchen. The third-floor unit is currently owner-occupied, providing flexibility for repositioning, future rental income, or an owner-occupant strategy. All units are very sunny and bright, creating attractive living spaces for tenants. This property is ideal for an investor looking to gain sweat equity, improve rents over time, and add value through updates. Located close to Route 2, Shopping and the rail trail, the property offers excellent commuter access and long-term rental demand. Property is being sold as is. A compelling value-add multi-family investment opportunity in a sought-after location. Showings only at Open Houses - Saturday 1/10/26 10am-1pm and Sunday 1/11/2026 10am - 1pm. ***Offer Deadline Monday 1/12 5pm***
  • Highlights
    • Heating: Oil
    • Parking Spots: 6
    • Property Type: 3 Family
    • Total Rooms: 15
    • Status: Closed
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1900
  • Additional Details
    • Basement: Full
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: Nb
    • Foundation: Concrete Perimeter, Block
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Parking Features: Paved Drive, Off Street
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $469,800
    • Taxes: $6,347
    • Tax Year: 2025

Location

748 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 eXp Realty LLC - Corporate Office. 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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