142 Madison St, Fitchburg, MA 01420
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$620,000
3 Unit
9 Beds
3 Baths
3591 SQFT
0.16 Acre

Property Description

Exceptional Investment Opportunity in Fitchburg, MA – Well-Maintained 3-Family with Strong Rental History! Don't miss your chance to own this well-maintained 3-family property in the heart of Fitchburg, one of Central Massachusetts' fastest-growing communities. Whether you're looking to expand your investment portfolio or begin building long-term wealth through real estate, this income-producing multi-family home offers the perfect combination of stability, location, and future potential.This property has a proven rental history with consistent occupancy and has been thoughtfully maintained over the years, providing peace of mind for both seasoned and first-time investors. Spacious units, dependable rental income, and pride of ownership make this a standout opportunity. Ideally situated just minutes from shopping, restaurants, public transportation, commuter routes, schools, parks, and medical facilities.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 3
  • Amenities: Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Kitchen, Living RM/Dining RM Combo
  • Common Appliances: Refrigerator, Washer Hookup
  • Common Heating: Central Heat, Electric
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Accountant Provided, Owner Provided
  • Gross Operating Income: 55700
  • Net Operating Income: 38136

Utilities

  • Heat Zones: 3
  • Electric Info: 110 Volts, Circuit Breakers, On-Site, Underground
  • Energy Features: Insulated Windows, Storm Windows
  • Utility Connections: Washer Hookup, for Electric Dryer, for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Vinyl, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73551957
  • Last Updated: 08/24/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/23/2026Active$620,000$173MLSPIN
07/19/2026New$620,000$173MLSPIN

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Seller's Representative: Rosemarie Ledogar, R. D. Ledogar Real Estate
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 2026-08-24 11:23:00

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