Property Description

Rare opportunity to own a turn-key 3-family property in Fitchburg offering strong income potential and flexibility for both investors and owner-occupants. With approximately 3,528 sq. ft. of living area on a 9,135 sq. ft. lot, this spacious multi-family features three well-sized units and ample off-street parking for up to 6 vehicles.The first-floor unit offers 3 bedrooms and 1 full bathroom and is currently tenant occupied. The second-floor unit features 3 bedrooms and 1 full bathroom and will be delivered VACANT, making it an excellent option for an owner-occupant, house-hacker, FHA/VA buyer, or investor looking to place a new tenant at market rent. The third-floor unit includes 2 bedrooms and 1 full bathroom and is also tenant occupied.A full basement provides washer and dryer hook-ups, with potential to add coin-operated laundry for additional income. Current below-market rents offer immediate value-add potential, with projected gross monthly income at market rates estimated at approximately $6,200. Conveniently located near shopping, public transportation, commuter rail, major routes, schools, local amenities, and Fitchburg State University. A great opportunity to build equity, increase rental income, and add a solid multi-family property to your portfolio.