Property Description

Opportunity to own a 4-unit multi-family property perfect for investors to add to their portfolio or for owner-occupants! This well-maintained building features two spacious 3-bedroom units and two cozy 1-bedroom units. With separate utilities and tenants responsible for their own heat, hot water, and electricity, this property offers strong income potential. Off-street parking is available for up to 8 vehicles. Coin-operated laundry in the basement provides added income potential. The building has a letter of deleading compliance with MA general law. Situated near Fitchburg State University, the commuter rail and local bus routes, this property offers accessibility to area amenities. Whether you’re looking to expand your portfolio or enjoy the benefits of rental income while living on-site, this property is a must-see! Showings will be held in group showings.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 4
  • Amenities: Golf Course, Laundromat, Park, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Dirt Floor
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Dryer, Range, Refrigerator, Washer
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Space Heater
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Estimated
  • Gross Operating Income: 56400
  • Gross Expenses: 7300
  • Electric Expenses: 3300
  • Water/Sewer: 2500
  • INSC: 1500
  • Net Operating Income: 49100

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Irregular
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Wall to Wall Carpet
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73326266
  • Last Updated: 01/15/25
  • Terms: Contract for Deed, Rent w/Option

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Seller's Representative: Michelle Haggstrom, Keller Williams Realty North Central
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-01-15 09:47:00

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