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Expired

21 Franklin Street, Fitchburg MA 01420

$289,900

Estimated $865.12/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $96,633.33

Total Rent: 30000/year

Estimated CAP Rate: 8.41%

6 Bedrooms

3 Full Baths

2,967 SqFt

Total Parking: 4

6,431 SqFt

Buyer was not patient waiting for City to clear up a issue on their records. The new record card on MLS IT IS NOW UP-TO-DATE & READ NOTES ON ATTACHED CITY CARD. Large centrally located 3 Family Multi unit ! Rents are below market value and all are TAWS! Separate utilities! Units have open concept living with eat in large kitchens. Built ins. First unit has hardwood flooring. Seller during ownership upgraded roof and units as needed! Hallways fresh paint.Ready for your small touches if you want to increase the rents for additional CA$H flow! Off street paved parking. Wooded lot and back yard for Summer gatherings to come. Perfect for owner occupied, first investment or add to your portfolio. Close to major highways, shopping restaurants, recreation, The"T" all in a University Town! Please wear masks in respect to tenants homes! due to the amount of showings requests

This home has been viewed 37 times

Last Checked: May 7th, 2024 at 12:36am (Source: MLS PIN #73014304)

Gross Income: $30,000

Gross Expenses: $5,620

Net Income Calc: $24,380

CAP Rate: 8.41%

Annual Expenses for 21 Franklin Street, Fitchburg MA 01420

Total Gross Expenses (Calculated)$5,620/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance$880

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,740.61

Annual Income & Unit Breakdown for 21 Franklin Street, Fitchburg MA 01420

Total Gross Income (Calculated)$30,000

Unit 1

Rental Income$800

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$950

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$750

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 21 Franklin Street, Fitchburg MA 01420

Listing ID73014304

Property TypeMulti Family / 3 Family

Price$289,900 ($97.71/SqFt)

Style3 Family - 3 Units Up/down

CityFitchburg

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,967 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking4

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesWooded

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRES

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 21 Franklin Street, Fitchburg MA 01420

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$880

Total Gross Income By Broker$27,600

Total Net Income By Broker$26,720

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1.5

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 21 Franklin Street, Fitchburg MA 01420

Real Estate Taxes$4,740.61

Tax Year2022

Assessed Value

Financial Data SourceOwner

Total Gross Expenses By Broker$880

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$27,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$26,720

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.41%

Location Information for 21 Franklin Street, Fitchburg MA 01420

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, T-station, Pool, Tennis Court(s), Private School, University

Contact Information for 21 Franklin Street, Fitchburg MA 01420

Agent

Name: Kelle O'Keefe

Office

Name: Keller Williams Realty North Central

Phone: 978-840-9000

Payment Calculator

, Interest

Property Taxes 395.05

Principal & Interest 1786.27

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty North Central

Kelle O'Keefe

Agent Phone

Office Phone

(978) 840-9000

Text Agent Call Agent Call Office

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EXIT

Expired

21 Franklin Street, Fitchburg MA 01420

$289,900

Annual Expenses for 21 Franklin Street, Fitchburg MA 01420

Annual Income & Unit Breakdown for 21 Franklin Street, Fitchburg MA 01420

General Information for 21 Franklin Street, Fitchburg MA 01420

Disclosures for 21 Franklin Street, Fitchburg MA 01420

Financial Information for 21 Franklin Street, Fitchburg MA 01420

Location Information for 21 Franklin Street, Fitchburg MA 01420

Contact Information for 21 Franklin Street, Fitchburg MA 01420

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Exclusive Listing Agent

Keller Williams Realty North Central

Kelle O'Keefe