Price Reduction - Fixer Upper
Address
28 Portland St, Fitchburg, MA
Price
$ 450,000
Property Attributes
- MLS#73210766
- TypeMulti-Family
- CountyWORCESTER
- CityFitchburg
- Zip01420
- Style3 Family
- Year Built1930
- Taxes$ 5720
- Price$ 450,000
- Bedrooms6
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3000
- Lot Size11,326 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Welcome to this established and lucrative investment opportunity in Fitchburg, Massachusetts. This three-family property is not only an excellent source of rental income but also boasts several features that make it an attractive investment.This property comprises three distinct units, offering a versatile opportunity for rental income or potential owner occupancy. Unit 2 is currently vacant, providing a fantastic opportunity for new owners or investors to customize and fill with tenants of their choice. Units 1 and 3 are currently occupied by long-term tenants, adding stability to your investment. Situated on a generously-sized lot, this property offers ample outdoor space for tenants to enjoy. Whether it's gardening, recreation, or relaxation, the expansive lot provides a great opportunity for outdoor activities. A recent addition includes a brand-new roof, ensuring durability and protection for years to come. The property features a large driveway, providing off street parking.
| Price History | |
|---|---|
| 3/11/2024 | Listed $499,900 |
| 4/3/2024 | 5% - $475,000 |
| 4/23/2024 | 6% - $450,000 |
General Features
| Interior Features | Living Room |
|---|---|
| Sewer | Public Sewer |
| Heating | Electric,Floor Furnace |
| Utilities | for Electric Range,for Electric Dryer,Washer Hookup |
| Roof | Shingle,Rubber |
| Appliances | Range,Refrigerator |
| Zoning | RC |
| Patio/Porch Features | Porch,Enclosed,Patio,Covered |
| Construction Materials | Frame,Brick |
| Year Built | 1930 |
| Electric | 110 Volts |
| Property SubType | 3 Family |
| Tax Year | 2024 |
| Gross Income | 30900 |
| Community Features | Shopping,Public School,University |
| County | Worcester |
| Net Operating Income | 30900 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Rent Includes | Unit 1(Water) |
| Total Rooms | 12 |
| Status | Active |
| Directions | Left onto Granite from Route 12. Right onto Portland |
| City | Fitchburg |
| Disclosures | Property sold as is. Unit 3 is a separate unit,located in the rear of the property. Unit 1 leaving 5/31,unit 2 vacant |
| Senior Community Y/N | No |
| Total Units | 3 |
| Lot Size Square Feet | 11330 |
| Waterfront Y/N | No |
| Street Name | Portland St |
| Year Built Details | Actual |
| Tax Annual Amount | 5720 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 386200 |
| Total Actual Rent | 2575 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Full,Unfinished |
|---|---|
| Total Stories | 4 |
| Heating Y/N | Yes |
| Window Features | Storm Window(s) |
| Fireplace Y/N | No |
| Full Baths | 3 |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Total Bedrooms | 6 |
| Total Baths | 3 |
Exterior Features
| Fencing | Fenced/Enclosed |
|---|---|
| Parking Features | Paved Drive,Off Street |
| Lot Features | Gentle Sloping |
| Water Source | Public |
| Total Parking | 4 |
| Lot Size Area | 0.26 |
| Foundation Details | Concrete Perimeter |
| Spa | No |
| Building Area Total | 3000 |
| Lot Size Acres | 0.26 |
| Lot Size Units | Acres |
| Door Features | Storm Door(s) |
| Road Frontage Type | Public |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 01420
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - 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
The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than NextHome Soundings Realty are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor NextHome Soundings Realty shall be responsible for any typographical errors, misinformation, or misprints and shall
