Sold
229 Mechanic St, Fitchburg, MA
Fitchburg · MA 01420
- $545,000
- Price
- 14
- Beds
- 4.5
- Baths
- 5880
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1910
Units:
4 Units
Lot size:
4,947 Sq.Ft Lot
Price per square foot:
$85 / Sq.Ft
Parking:
No Parking
About this home
Cash Cow! Large units fully rented to Long Term, Paying Tenants!! Not your typical multi-fam, where you're inheriting headaches or low rents. Tenants pay every month & we have full records to prove it. Rents are market rate for 2 units & only a tad below for 2 others but those tenants are so reliable that we haven't increased. Bldg is low maintenance & low overhead w/ NO COMMON AREAS! All 4 units have private front & rear doors, separate utilities & their own light in basement off their panels. No common electric bill whatsoever. Low grounds maintenance, tenants that use the yard, maintain it. No driveway to shovel, tenants park on street right out front. Parking is a breeze because building abuts 2 vacant lots & no bldgs across St. so there's always a spot. Cars do need to be moved for snow emergencies but it works well & tenants don't complain. Units are renovated & in good shape. 5-story Exterior stairs were improved in 2015 W/ PERMITS & SIGNED OFF BY STRUCTURAL ENGINEER & BLDG DEPT
Neighborhood & Transit
229 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:
- 1468 days
- Listing Price:
- $499,900
- Price per Sq.Ft:
- $85
- Tax Assessment:
- $260,400 in 2022
- Taxes:
- $382 / Monthly
Home Facts
Interior Features
- Bedrooms
- 14
- Full Bathrooms
- 4
- Half Bathrooms
- 1
- Living Area
- 5,880 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 220 Volts, Circuit Breakers, Individually Metered, 400 Amps
Exterior Features
- Lot Size
- 4,947 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
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
- Mark Cirignano
- Listing office
- OmegaListings.com, Inc.
- MLS PIN #
- 73018191
- Disclosure
- List Agt is Seller & has never occupied the property. Photos are from last MLS rental listings. Units are occupied now & reflect normal wear & tear.