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