44 Winter St, Fitchburg, MA 01420
- Beds
- 8
- Baths
- 7
- Sqft
- 4,188
- Garage
- Yes
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Overview
IN PLACE 7% CAP RATE. Turnkey seven-unit investment property in Fitchburg with major capital upgrades completed and good tenancy in place. Six one-bedroom units and one two-bedroom, five fully renovated. Current ownership's extensive improvement program significantly reduces near-term capital requirements for an incoming investor: full electrical upgrade with individual panels and meters, heating system replacements in most units, renovated laundry room, new garage roof and door, upgraded exterior egress and emergency lighting, and comprehensive landscaping. Most units are individually gas metered, with separation infrastructure in place at the remainder requiring only final connection. $120,000 in place income with meaningful upside; two tenancy-at-will units offer immediate opportunity to bring rents to market. Large lot with fourteen off-street parking spaces, two per unit, plus a garage for supplemental income — parking you rarely get in Fitchburg.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 5
- Number of bedrooms
- 8
- Number of bathrooms
- 7
- Square feet
- 4,188
- Lot size (acres)
- 0.50
- Year built
- 1920
Interior features
- Basement
- Yes, Finished
Exterior features
- Horse amenities
- Stable
Garage and parking
- Garage parking spaces
- 2
Utilities
- Heating
- Floor Furnace, Natural Gas
- Cooling
- Window Units
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $7,191
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73511393 Last checked: …
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