Address
773-779 Main Street, Fitchburg, MA
Price
$ 1,375,000
Property Attributes
  • MLS#73232230
  • TypeCommercial
  • CountyWORCESTER
  • CityFitchburg
  • AreaFitchburg
  • Zip01420
  • Style
  • Year Built1890
  • Taxes$ 11394
  • Price$ 1,375,000
  • Bedrooms0
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage8400
  • Lot Size4,356 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Fantastic Opportunity to own a fully rented, 10 unit, mixed use building across the street from the beauitful, brand new City Hall and next door to the soon to be opening Fitchburg State Theatre! This building has 2 ground level commercial units and 8 reseidentail units of which 4 have been rennovated with fresh paint, new cabinetry, LVT flooring, and quartz counterops! All residental units are renting for $1200/mth and commercial units are at $1000/mth. All utilities are separated. One of the commercial units has been updated with fresh paint and LVT flooring. Room for expansion in the basement to add coin-op laundry! The rental market is hot! Consider adding this fantastic building to your portfolio!!! Group showings will begin the week of May 6th!

Price History
5/2/2024 Listed $1,375,000

General Features

Utilities Public Water,Public Sewer,Natural Gas Available
Zoning DB
Year Built 1890
Tax Year 2024
Gross Income 138000
County Worcester
Net Operating Income 94221
Operating Expense 43779
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions Chase Rd (Rt 13) for 3 Miles,building will be on right. On the corner of Central Street & Main St.
City Fitchburg
Senior Community Y/N No
Zoning Description Other (See Remarks)
MLS Area Fitchburg
Lot Size Square Feet 4356
Waterfront Y/N No
Street Name Main Street
Tax Annual Amount 11394.82
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Interior Features

Total Baths 10

Exterior Features

Total Parking 3
Lot Size Area 0.1
Building Area Total 8400
Lot Size Acres 0.1
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 01420

Price
AVG $190K
$1.38M
Taxes
AVG $9,961
$11,394
Visits
AVG 150
55
Data Provided by Inside Real Estate®
Year Built
AVG 1945
1890