Under Agreement

123 Myrtle Ave, Fitchburg, MA

Fitchburg · MA 01420

$599,000
Price
12
Beds
3
Baths
4144
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 3 Units
Lot size: 5,114 Sq.Ft Lot
Price per square foot: $145 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

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.

Neighborhood & Transit

123 Myrtle Ave, Fitchburg · MA 01420

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Fitchburg Commuter Rail 1 route 0.41 mi
    • Fitchburg Line

Price Insight

Days on Market:
86 days
Listing Price:
$599,000
Price per Sq.Ft:
$145
Tax Assessment:
$459,900 in 2025
Taxes:
$518 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
3
Half Bathrooms
0
Living Area
4,144 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4144
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
5,114 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Paula Valente
Listing office
Real Estate Exchange
MLS PIN #
73561635