Sold
1 - 3 Waverly Street, Fitchburg, MA
Fitchburg · MA 01420
- $484,050
- Price
- 9
- Beds
- 4
- Baths
- 4068
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
4 Units
Lot size:
6,540 Sq.Ft Lot
Price per square foot:
$118 / Sq.Ft
Parking:
10 Off Street Spaces
About this home
Location & Cashflow! Located directly next to Fitchburg State University Athletic and Rec Center. Great investor turnkey opportunity, high rental rates, surplus of student demand, all major mechanicals updated, and excellent cashflow (over $60k gross income when fully rented). Four-Family building (4-units) with two 3BDRM units, one 2BDRM unit, and one 1 BDRM unit. Currently one apartment vacant for potential owner-occupied buyer. Very low historical vacancy rates with mostly students renting on 1-year leases from June to June. Separately metered utilities, all major mechanicals in good shape (forced hot air furnaces and new gas water heaters). Tons of opportunity around potentially adding additional bedrooms, paid parking lot, or coin operated laundry. Large open basement for Landlord/ Owner/Property Manager storage and workshop. Local property manager currently in place.
Neighborhood & Transit
1 - 3 Waverly Street, Fitchburg · MA 01420
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Fitchburg Commuter Rail 1 route 0.33 mi
- Fitchburg Line
Price Insight
- Days on Market:
- 1468 days
- Listing Price:
- $479,000
- Price per Sq.Ft:
- $118
- Tax Assessment:
- $263,100 in 2022
- Taxes:
- $386 / Monthly
Home Facts
Interior Features
- Bedrooms
- 9
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 4,068 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers, Individually Metered
Exterior Features
- Lot Size
- 6,540 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 10 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Wood, Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Janet Cramb
- Listing office
- LAER Realty Partners / Janet Cramb & Company
- MLS PIN #
- 73033914
- Disclosure
- Seller has never occupied the building and makes no warranties or guarantees.