347-349 Summer St, Fitchburg, MA 01420
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$575,000
3 Unit
8 Beds
3 Baths
3630 SQFT
0.09 Acre

Property Description

Turnkey 3-Family Opportunity! Well-maintained and fully DE-LEADED multi-family property offering excellent flexibility for investors and owner-occupants alike. Features two spacious 2-bedroom units and a third-floor 1-bedroom unit with a separate office, providing attractive rental options. All apartments have been updated with modern finishes, including quartz countertops, and are clean, bright, and move-in ready. The first-floor unit is serviced by a newer gas heating system and offers the flexibility of a potential 3-bedroom layout, with the front room fully insulated and suitable as a bedroom, office, or bonus space. The second and third-floor units feature energy-efficient mini-split systems providing both heating and cooling, with gas stoves available as a supplemental heat source. Separate utilities for each unit offer convenience and expense control. Additional amenities include off-street parking and a vacant second-floor unit available for immediate occupancy, making it ideal for an owner-occupant or new tenant placement. New electrical, insulation and windows throughout! Located near shopping, restaurants, public transportation, commuter rail service, and major highway access. Property is situated within a mixed-use zoning district, offering additional potential and flexibility. A rare opportunity to own a versatile, income-producing property in a highly accessible location.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement, Walk Out

Financial

  • APOD Available: No
  • Gross Operating Income: 53400
  • Gross Expenses: 7584
  • Electric Expenses: 625
  • Water/Sewer: 1959
  • INSC: 5000
  • Net Operating Income: 53400

Utilities

  • Electric Info: Circuit Breakers, Underground
  • 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: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

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

Construction

  • Year Built: 1885
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Shingle, Slate
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73575426
  • Last Updated: 09/14/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/14/2026Active$575,000$158MLSPIN
09/10/2026New$575,000$158MLSPIN

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Seller's Representative: Lana Kopsala, 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 2026-09-14 03:05:00

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