348 Fairmount Street, Fitchburg, MA 01420
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$625,000
3 Unit
6 Beds
3 Baths
3762 SQFT
0.11 Acre

Property Description

Great opportunity for investment or owner occupied !! Extremely well kept three family. This home had long time family owner before this seller purchased in 2021 and has added the final touches of new kitchen cabinets,flooring,painting inside,baths,indoor electrical and more Each unit has a third bedroom potential as all rooms have a closet and windows,and can be used as extra bedroom, office or den. All Units,exterior of home and common areas have been DELEADED with certificate of compliance. Home has new Siding, Decks,Electrical and Egress Doors in 2021 Rubber Roof replaced in 2017. All Windows and Exterior Doors replaced in 2010.New Oil Furnace 2019 Large spacious units with pantry. Waher /dryer in units Every unit has great enclosed porches for sitting or storage.All security cameras are installed and will convey.Newer deck out to landscaped fenced in yard. One unit is vacant and ready for quick close.Other two leases end 7/25 and 12/25.Showings start Sat 5/24 at open house 11-1p

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Highway Access, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Concrete Floor, Dirt Floor, Full
  • Common Rooms: Family Room, Kitchen, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Internet Available - Unknown, Lead Certification Available, Pantry, Storage, Tile Floor, Upgraded Cabinets
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Electric, Electric Baseboard, Forced Air, Forced Air, Oil, Oil, Radiant, Space Heater

Financial

  • APOD Available: No
  • Expenses Source: Estimated, Other (See Remarks), Owner Provided
  • Gross Operating Income: 55200
  • Gross Expenses: 3290
  • Electric Expenses: 660
  • Water/Sewer: 480
  • INSC: 2150
  • Net Operating Income: 51910

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Common, Individually Metered, Other (See Remarks), Underground
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Electric Dryer, for Electric Range, Washer Hookup
  • 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: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1935
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Pine, Tile, Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73378424
  • Last Updated: 06/05/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/05/2025Active$625,000$166MLSPIN
06/01/2025Price Change$625,000$166MLSPIN
05/25/2025Active$650,000$173MLSPIN
05/21/2025New$650,000$173MLSPIN

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Seller's Representative: Susan Clark, RE/MAX Vision
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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MLS PIN data last updated at 2025-06-05 03:05:00

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