Property Description

44 Winter St in Fitchburg is an exceptional investment opportunity: a well-maintained, seven-unit asset comprising six one-bedrooms and one two-bedroom, with five units fully renovated. Current ownership has completed an extensive capital improvement program, significantly reducing near-term capital requirements for an incoming investor. Improvements include a full electrical upgrade with individual panels and meters, heating system replacements in most units, a renovated laundry room, new garage roof and door, upgraded exterior egress and emergency lighting, and comprehensive landscaping work. Most units are individually gas metered, with separation infrastructure in place at the remainder requiring only final connection. In place 120K in income with meaningful upside; two tenancy-at-will units offer immediate opportunity to bring rents to market. Fourteen off-street parking spaces (two per unit) plus a garage provide supplemental income potential.