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141 Mechanic St, Fitchburg, MA 01420

$750,000
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New to the Market Active
BEDS12 BATHS4 full SQUARE FEET4,864 MLS#73550857
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Exceptional income-generating 4 family, all with separate utilities and laundry hookups in each unit. Tenants pay their own heat & electricity. One long term, at-will tenant would love to remain. Current rent below market. Other 3 units will transfer vacant providing flexibility for owner occupancy seeking rental income or ideal for investors. Property consists of 12 bedrooms and 4 bathrooms. Eight parking spaces. Improved front & rear entrances with newer stairways. Each unit has separate entrances. Transfer consists of one unified lot, previously two lots. See both Deeds. If you are looking for strong cash flow, future rent growth, and long-term equity appreciation in a growing market, this is it! Near downtown Fitchburg and Fitchburg State University, public transportation and other local amenities. Don't miss your chance to secure a multi-family asset with the ability to choose your tenants. Open Houses Saturday, July 18, 10 am - 1 pm, and Sunday, July 19, 10 am - 12 noon.

141 Mechanic St | MLS# 73550857

This multi-family property located at 141 Mechanic St, Fitchburg, MA 01420 is currently listed for sale with an asking price of $750,000. Search Fitchburg real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Entry, Dirt Floor
Cooling: None
Heating: Forced Air, Natural Gas
Lot Size: 0.14 Acres
Roof Type: Rubber
Stories: 4.0
Taxes: $8,609
Year Built: 1910

Amenities

Bathroom with Shower Stall
Remodeled
Bathroom With Tub & Shower
Living Room
Kitchen

Feature Descriptions

Appliances: Range, Dishwasher, Disposal, Refrigerator, Microwave
Building Area Total: 4864
Community Features: Public Transportation, Shopping, Park, Public School, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 4
Dwelling Type: 4 Family - 4 Units Up/Down
Electric: Circuit Breakers, Common
Exterior: Stone
Flooring: Wood, Tile, Vinyl / VCT
HeatingY/N: 1
Laundry: Washer & Dryer Hookup
Open Parking Y/N: Yes
Parcel Number: M:0009 B:0045 L:0,1501586
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 8
Patio And Porch: Porch
Rent Includes: Unit 1(Water, Hot Water, Other (See Remarks)), Unit 2(Water, Hot Water, Other (See Remarks)), Unit 3(Water, Hot Water, Other (See Remarks)), Unit 4(Water, Hot Water, Other (See Remarks))
Rooms Total: 20
Sewer: Public Sewer
Units: 4
Water: Public

Local Schools

High School: Fitchburg High
Middle School: Arthur M. Longsjo Middle Schoo
Elementary School: Crocker Elementary School

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Metropolitan
Agent Name: Lisa Scacchi
Agency Phone: 603-232-8282

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Estimated Payment

$ 2,605.34 per month $1,669.17 Principal & Interest $717.42 Property Tax $218.75 Homeowner's Insurance

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