115 Madison St, Fitchburg, MA 01420
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$599,900
3 Unit
9 Beds
3 Baths
2922 SQFT
0.05 Acre

Property Description

3 Unit Multi Family. 15 Rooms, 9 Bedrooms, 3 Full Baths, Off Street Parking, Separate Utilites, Nicely Updated & Easy to Rent Apartments. Each unit comes complete with 3 bedrooms, full bath, eat in kitchen, pantry, gas heat & hot water, enclosed porch, storage unit and two means of egress. LOVE the upgraded kitchens and baths, fresh interior paint, newer lighting, newer flooring, newer furnaces-hot water tanks-rubber roof. Long term 1st fl tenant (TAW), 2nd floor tenant has 1 year lease and 3rd floor apt is vacant. BIG opportunity for both landlords and owner occupied. Get top $$$ dollar rents for this low maintenance 3 unit multi-family.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Highway Access, T-Station, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Pantry, Tile Floor
  • Common Appliances: Range
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 39300
  • Gross Expenses: 5225
  • Water/Sewer: 3200
  • INSC: 2025
  • Net Operating Income: 39300

Utilities

  • Heat Zones: 3
  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Utility Connections: for Electric Range, Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • 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: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73395965
  • Last Updated: 07/02/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/02/2025Contingent$599,900$205MLSPIN
06/28/2025Active$599,900$205MLSPIN
06/24/2025New$599,900$205MLSPIN

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Seller's Representative: Michael Beaudoin, Coldwell Banker Realty - Leominster
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-07-02 12:43:00

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