BEDS6
BATHS3 full
SQUARE FEET2,508
MLS#73528118
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
FOR SALE | $670,000 | 3-Unit Multi-Family | 40 Edwards St, Fitchburg, three-family asset delivering $5,400 monthly ?? $64,800 annually ?? in gross rental income. Extensively capital-improved with new electrical service, sub-metered panels, full plumbing replacement, and updated unit-level electrical throughout. Two renovated units feature granite countertops, modern cabinetry, mini-split HVAC, updated flooring, and stainless steel appliances. Exterior freshly painted. Off-street parking. Owner-paid water. Strong in-place tenancy with immediate cash flow and value-add upside on the third unit. Ideal for the 1031 exchange buyer or portfolio investor seeking a low-maintenance, income-producing asset in a growing Central Massachusetts market. Images used are from before the rental agreements
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Walk-Out Access, Interior Entry, Concrete, Slab
Basement: Yes
Cooling: Wall Unit(s), Heat Pump
Fireplaces: 3
Heating: Forced Air, Heat Pump, Electric
Lot Size: 0.12 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $5,472
Year Built: 1905
Amenities
Stone/Granite/Solid Counters
Upgraded Cabinets
Walk-In Closet(s)
Bathroom With Tub & Shower
Smart Thermostat
Remodeled
Living Room
Kitchen
Laundry Room
Balcony/Deck
Feature Descriptions
Appliances: Range, Refrigerator
Building Area Total: 2508
Community Features: Park
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: 1
Door Features: Insulated Doors, Storm Door(s)
Dwelling Type: 3 Family - 3 Units Up/Down
Electric: 110 Volts,220 Volts
Exterior: Post & Beam, Cement Board
Fireplace Y/N: Yes
Flooring: Tile, Vinyl, Stone/Ceramic Tile
HeatingY/N: 1
Laundry: Washer Hookup, Electric Dryer Hookup
Lot Features: Cleared
Open Parking Y/N: Yes
Other Structures: Shed(s)
Parcel Number: M:0076 B:0080 L:0,1505858
Parking Features: Paved Drive, Off Street, Assigned, Paved
Parking Total: 6
Patio And Porch: Covered
Rent Includes: Unit 1(Water), Unit 2(Water)
Rooms Total: 15
Sewer: Public Sewer
Units: 3
Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Water: Public
Window Features: Insulated Windows, Screens
Listed By / Shown By
Listed By
Agency Name: Edward Perez
Agent Name: Edward Perez
Agency Phone: 603-498-4402
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,165.20 per month $1,511.16 Principal & Interest $456.00 Property Tax $198.04 Homeowner's Insurance
40 Edwards St | MLS# 73528118
This multi-family property located at 40 Edwards St, Fitchburg, MA 01420 is currently listed for sale with an asking price of $679,000. Search Fitchburg real estate on www.masiellogrouprealestate.com today.