141 Mechanic St, Fitchburg, MA 01420
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$750,000
4 Unit
12 Beds
4 Baths
4864 SQFT
0.14 Acre

Property Description

Exceptional income-generating 4 family, all with separate utilities and laundry hookups in each unit. Tenants pay their own heat & electricity. One long term, at-will tenant would love to remain. Current rent below market. Other 3 units will transfer vacant providing flexibility for owner occupancy seeking rental income or ideal for investors. Property consists of 12 bedrooms and 4 bathrooms. Eight parking spaces. Improved front & rear entrances with newer stairways. Each unit has separate entrances. Transfer consists of one unified lot, previously two lots. See both Deeds. If you are looking for strong cash flow, future rent growth, and long-term equity appreciation in a growing market, this is it! Near downtown Fitchburg and Fitchburg State University, public transportation and other local amenities. Don't miss your chance to secure a multi-family asset with the ability to choose your tenants. Open Houses Saturday, July 18, 10 am - 1 pm, and Sunday, July 19, 10 am - 12 noon.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 12
  • Total Full Baths: 4
  • Amenities: Park, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Dirt Floor, Full, Interior Access
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Bathroom with Shower Stall, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer & Dryer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 41400
  • Net Operating Income: 41400

Utilities

  • Heat Zones: 4
  • Electric Info: Circuit Breakers, Common, Other (See Remarks), Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Hot Water, Other (See Remarks), Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Hot Water, Other (See Remarks), Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Hot Water, Other (See Remarks), Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Hot Water, Other (See Remarks), Water
  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Stone/Concrete
  • Foundation Info: Concrete Block, Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Tile, Vinyl / VCT, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73550857
  • Last Updated: 07/17/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/16/2026New$750,000$154MLSPIN

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Seller's Representative: Lisa Scacchi, Keller Williams Realty Metropolitan
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 2026-07-17 07:55:00