For Sale
40 Edward St, Fitchburg, MA
Fitchburg · MA 01420
- $649,000
- Price
- 8
- Beds
- 3
- Baths
- 2508
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1905
Units:
3 Units
Lot size:
5,036 Sq.Ft Lot
Price per square foot:
$259 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
FOR SALE | $649,000 | 3-Unit Multi-Family | 40 Edwards St, Fitchburg, three-family asset delivering $5,400 monthly — $64,800 annually — in gross rental income. Extensively capital-improved with new electrical service, sub-metered panels, full plumbing replacement, and updated unit-level electrical throughout. Two renovated units feature granite countertops, modern cabinetry, mini-split HVAC, updated flooring, and stainless steel appliances. Exterior freshly painted. Off-street parking. Owner-paid water. Strong in-place tenancy with immediate cash flow and value-add upside on the third unit. Ideal for the 1031 exchange buyer or portfolio investor seeking a low-maintenance, income-producing asset in a growing Central Massachusetts market. Images used are from before the rental agreements
Neighborhood & Transit
40 Edward 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:
- 155 days
- Listing Price:
- $649,000
- Price per Sq.Ft:
- $259
- Tax Assessment:
- $405,000 in 2025
- Taxes:
- $456 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 2,508 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2508
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 110 Volts, 220 Volts, 400 Amps
Exterior Features
- Lot Size
- 5,036 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
- Fiber Cement Siding
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Edward Perez
- Listing office
- Edward Perez
- MLS PIN #
- 73528118
- Disclosure
- Unit 3 hasn't been updated like Units 1 and 2. Heat is currently a Parlor Heater
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