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141 Mechanic St, Fitchburg, MA

Fitchburg · MA 01420

$770,000
Price
12
Beds
4
Baths
4864
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 4 Units
Lot size: 6,303 Sq.Ft Lot
Price per square foot: $154 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

Exceptional income-generating 4 family, all with separate utilities and laundry hookups in each unit. Tenants pay their own heat & electricity. One long term, at-will tenant would love to remain. Current rent below market. Other 3 units will transfer vacant providing flexibility for owner occupancy seeking rental income or ideal for investors. Property consists of 12 bedrooms and 4 bathrooms. Eight parking spaces. Improved front & rear entrances with newer stairways. Each unit has separate entrances. Transfer consists of one unified lot, previously two lots. See both Deeds. If you are looking for strong cash flow, future rent growth, and long-term equity appreciation in a growing market, this is it! Near downtown Fitchburg and Fitchburg State University, public transportation and other local amenities. Don't miss your chance to secure a multi-family asset with the ability to choose your tenants. Open Houses Saturday, July 18, 10 am - 1 pm, and Sunday, July 19, 10 am - 12 noon.

Neighborhood & Transit

Fitchburg

141 Mechanic St, Fitchburg · MA 01420

Nearby transit

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

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
111 days
Listing Price:
$750,000
Price per Sq.Ft:
$154
Tax Assessment:
$729,500 in 2026
Taxes:
$717 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
4
Half Bathrooms
0
Living Area
4,864 Sq.Ft
Broker Disclosure about Living Area
TENANTS PAY THEIR OWN HEAT & ELECTRICITY BILLS
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4864
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, Other (See Remarks)

Exterior Features

Lot Size
6,303 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
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
Lisa Scacchi
Listing office
Keller Williams Realty Metropolitan
MLS PIN #
73550857
Disclosure
"Unit Floor 1" is bsmt unit. Interior/exterior bsmt sealed 2020.All appliances new 2019.No fridge top floor. Front exterior stairs widened & new railings."Schedule of Rents" attached. Some rooms in pix have been digitally decluttered. Transfer consists of 1 unified lot, previously 2 lots.See 2 Deeds
Disclosure
TENANTS PAY THEIR OWN HEAT & ELECTRICITY BILLS