117 Days on Boardwalk PropertiesPrice Reduced $155,100
38
122 Laurel St, Fitchburg, MA 01420
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$994,900
6 Unit
7 Beds
6 Baths
4449 SQFT
0.13 Acre

Property Description

Completely renovated in 2017, this well-maintained 6-family offers turnkey convenience with a full sprinkler system, radio box tied into the fire dept., (6) individual Rinnai on-demand heat and hot water units, updated electrical with separate meters plus a common meter, (6) gas meters, updated plumbing, thermal pane windows, and updated insulation. Each spacious apartment features renovated kitchens with modern cabinets, appliances, and dishwashers in select units, along with updated baths—some with double vanities and custom tile showers. Durable vinyl flooring runs throughout. All units have a second egress, and ample off-street parking is available for all tenants. Utilities are separated except town water/sewer. Basement offers extra storage and workspace. Vinyl siding ensures easy maintenance. Long-term tenants in place.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 7
  • Total Full Baths: 6
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Concrete Floor, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower
  • Common Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer Hookup
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 83700
  • Gross Expenses: 8848
  • Electric Expenses: 850
  • Water/Sewer: 3000
  • INSC: 4998
  • Net Operating Income: 74852

Utilities

  • Heat Zones: 6
  • Electric Info: Fuses, Nearby
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: Washer Hookup, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 3 Description

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

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73470736
  • Last Updated: 05/07/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/07/2026Active$994,900$224MLSPIN
05/03/2026Price Change$994,900$224MLSPIN
03/23/2026Active$999,900$225MLSPIN
03/19/2026Price Change$999,900$225MLSPIN
01/25/2026Active$1,150,000$258MLSPIN
01/21/2026New$1,150,000$258MLSPIN

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Seller's Representative: Matthew Straight, Coldwell Banker Realty - Leominster
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 2026-05-07 03:05:00