Open House: Sat 8/29 12:00 PMPrice Reduced $44,999
42
62-A/D Grove Street, Fitchburg, MA 01420
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$675,000
4 Unit
9 Beds
4 Baths
3542 SQFT
0.06 Acre

Property Description

NEW PRICE! STRONG CASH-FLOW POTENTIAL + FHA & VA FINANCING OPTIONS FOR QUALIFIED OWNER-OCCUPANTS!This fully vacant, move-in-ready four-family offers an exceptional opportunity for investors and owner-occupants. Live in one unit and rent the remaining three to help offset your mortgage, or lease all four units and maximize the property’s rental-income potential.The flexible unit mix includes a spacious bi-level 4-bedroom, 1-bath residence, two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit. Major improvements include updated electrical throughout, a new roof, a new water heater, laundry, and separately metered heat and electricity for each unit.With all four units vacant, the new owner has the freedom to select tenants, establish rents, and implement an income strategy without inheriting existing leases.Centrally located near the YMCA, local schools, downtown Fitchburg, restaurants, shopping, transportation, and approximately four minutes from Fitchburg State University, an attractive and convenient location for both residents and tenants.Whether you’re looking for an FHA or VA owner-occupied multifamily, a house-hacking opportunity, or an income-producing addition to your investment portfolio, this property deserves a closer look. Schedule your showing today!FHA and VA financing are subject to borrower qualification, appraisal, lender approval, and applicable program guidelines.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 5
  • Total Bedrooms: 9
  • Total Full Baths: 4
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 96000
  • Net Operating Income: 96000

Utilities

  • Electric Info: 220 Volts, At Street
  • Utility Connections: for Electric Oven, for Electric 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: 1
  • Levels: 1

Unit 3 Description

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

Unit 4 Description

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

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Shingle, Slate
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73553411
  • Last Updated: 08/26/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/24/2026Active$675,000$191MLSPIN
08/20/2026Price Change$675,000$191MLSPIN
08/20/2026Active$675,999$191MLSPIN
08/14/2026Price Change$675,999$191MLSPIN
08/14/2026Price Change$699,999$198MLSPIN
07/26/2026Active$719,999$203MLSPIN
07/22/2026New$719,999$203MLSPIN
04/14/2026Canceled$699,900$198MLSPIN
01/31/2026Under Agreement$699,900$198MLSPIN
01/17/2026Contingent$699,900$198MLSPIN
01/14/2026Active$699,900$198MLSPIN
01/10/2026Reactivated$699,900$198MLSPIN
01/10/2026Expired$699,900$198MLSPIN
01/09/2026Back on Market$699,900$198MLSPIN
11/07/2025Under Agreement$699,900$198MLSPIN
10/24/2025Contingent$699,900$198MLSPIN
10/24/2025Active$699,900$198MLSPIN
10/20/2025Back on Market$699,900$198MLSPIN
10/08/2025Under Agreement$699,900$198MLSPIN
09/24/2025Contingent$699,900$198MLSPIN
09/05/2025Active$699,900$198MLSPIN
09/01/2025New$699,900$198MLSPIN
10/24/2024Sold$455,000$129MLSPIN
08/08/2024Under Agreement$459,000$130MLSPIN
07/25/2024Contingent$459,000$130MLSPIN
07/21/2024Active$459,000$130MLSPIN
07/17/2024New$459,000$130MLSPIN

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Seller's Representative: Lia Carminati, Be Live in Realty
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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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-08-26 21:00:00

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