BEDS8
BATHS7 full
SQUARE FEET4,188
MLS#73511393
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Entry, Concrete, Unfinished
Cooling: Window Unit(s)
Garage: 2
Heating: Natural Gas, Floor Furnace
Lot Size: 0.50 Acres
Roof Type: Shingle, Rubber
Stories: 5.0
Taxes: $7,191
Year Built: 1920
Amenities
Living Room
Kitchen
Feature Descriptions
Appliances: Range, Refrigerator
Building Area Total: 4188
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
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: 41
Dwelling Type: 5-9 Family
Electric: Individually Metered
Exterior: Frame
Flooring: Vinyl, Hardwood
GarageY/N: Yes
HeatingY/N: 1
Lot Features: Other
Parcel Number: M:0057 B:0050 L:0,1504609
Parking Features: Off Street, Deeded
Parking Total: 16
Patio And Porch: Porch
Rooms Total: 22
Sewer: Public Sewer
Units: 7
Water: Public
Listed By / Shown By
Listed By
Agency Name: NAI Glickman Kovago & Jacobs
Agent Name: James Glickman
Agency Phone: 508-753-9100
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 3,808.72 per month $2,837.60 Principal & Interest $599.25 Property Tax $371.88 Homeowner's Insurance
44 Winter St | MLS# 73511393
This multi-family property located at 44 Winter St, Fitchburg, MA 01420 is currently listed for sale with an asking price of $1,275,000. Search Fitchburg real estate on www.masiellogrouprealestate.com today.