123 Myrtle Ave, Fitchburg, MA 01420

$599,000
12
BD
3
BA
4,144
SqFt

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List Price
$599,000
Price Change
▼ $20,000 1787701714
Status
CONTINGENT
MLS#
73561635
Bedrooms
12
Bathrooms
3
Full Baths
3
Living Area
4,144
Lot Size (Acres)
0.12
Year Built
1910

Property Description

Investor Opportunity! 3-family property in a prime rental location just a short walk to Fitchburg State University. Each spacious unit features 4 bedrooms and is currently leased to college students, generating $2,000 per month per unit ($6,000 monthly gross income) with leases through May 2027. All units have separate utilities, making management more efficient for investors. Conveniently located near the MBTA commuter rail station, MART bus routes, shopping, restaurants, coffee shops, churches, and other local amenities. All units are occupied with leases in place, providing immediate, steady rental income. Whether you're looking to expand your portfolio or make your first investment, this income-producing property is one you won't want to miss! All hot water heaters and heating systems are new.

Additional Information

Taxes
$6,213
Parking Description
Paved Drive, Off Street
Lot Description
Corner Lot
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Paula Valente from Listing Office: Real Estate Exchange.

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