70 Myrtle Ave, Fitchburg, MA 01420

$659,900
8
BD
4
BA
4,404
SqFt

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List Price
$659,900
Status
EXTENDED
MLS#
73517139
Price Change
▼ $15,000 1786756114
Year Built
1900
Levels
4
Bedrooms
8
Bathrooms
4
Acres
0.09
Living Area
4,404

Property Description

Opportunity to generate over $7,000 in monthly rental income, far exceeding the 1% rule! TWO UNITS WILL BE DELIVERED VACANT, creating an immediate opportunity for an owner-occupant or investor to take advantage of current market rents. Located in the heart of Fitchburg near downtown, Fitchburg State University, the commuter rail, and everyday conveniences, this expansive 4-family offers serious income potential. The property features separate utilities throughout, including in-unit gas furnaces, individual water heaters, four 100-amp electrical panels plus a separate landlord panel, and coin-op laundry available for tenant use. All units are lead compliant. The attached garage offers approximately 432 sq. ft. and may provide future ADU potential, subject to buyer due diligence and necessary approvals. With five off-street parking spaces, strong rental potential, and two vacant units ready for immediate occupancy or lease-up, this is a great opportunity to house hack or add a high-income multifamily property to your portfolio.

Additional Information

Taxes
$7,052
Lot Desc
Corner Lot
Lot Size
3,759
Interior Features
Laundry Room
Flooring
Varies
Sewer
Public Sewer
Water Source
Public
Garage Spaces
1
Parking Spaces
6

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Candor Investment Group from Listing Office: eXp Realty LLC.

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