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