Off Market

407 Water St, Fitchburg, MA

Fitchburg · MA 01420

$790,000
Price
13
Beds
7.5
Baths
7464
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 6 Units
Lot size: 0.28 Acre Lot
Price per square foot: $106 / Sq.Ft
Parking: 2 Garage Spaces · 18 Off Street Spaces

About this home

First time offered, massive & clean, ready to rent sprawling mixed used buildings, with 4 residential units and 2 large storefronts. Been family occupied for generations. Recently vacant & used for personal business. All units are unoccupied ready for tenants. Section 8 in Fitchburg for 2 bedrooms is $1,450 per month & $1,804 for 3 bedrooms. These units can easily be converted to 3 bedrooms with a wall added to create hallways in the interior stairwell. All rooms already have doors. An easy money maker! Convert the 2 store fronts to 2 additional residential units or retain new commercial tenants - current business will be moving closer to owners home. 4,000 square feet available, one level, each storefront is approximately 2,000 square feet. Water Street is a booming area with Market Basket & many new tenants down the street. Many upgrades over the years, washer dryer hooks up in each unit, newly enclosed back porches, recent roof approximately 12 years old, updated electric, and more.

Neighborhood & Transit

407 Water St, Fitchburg · MA 01420

Nearby transit

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

  • Fitchburg Commuter Rail 1 route 0.43 mi
    • Fitchburg Line

Price Insight

Days on Market:
1446 days
Listing Price:
$790,000
Price per Sq.Ft:
$106
Tax Assessment:
$575,000 in 2022
Taxes:
$525 / Monthly

Home Facts

Interior Features

Bedrooms
13
Full Bathrooms
6
Half Bathrooms
3
Living Area
7,464 Sq.Ft
Broker Disclosure about Living Area
store fronts are approximately 2,000 square feet each
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
220 Volts, Circuit Breakers, Individually Metered

Exterior Features

Lot Size
12,339 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
18 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
Jodi Healy
Listing office
Its My Real Estate
MLS PIN #
72970658
Disclosure
store fronts are approximately 2,000 square feet each