Great Investment opportunity. This four family home has seven bedrooms 2-2-2-1 and four bathrooms with LEAD abatement compliance letters for all units. All separate heat and utilities. The two bedroom units have the same floor plan, are fully rented with Tenancy At Will and ...
This home has been viewed 25 times
Last Checked: May 7th, 2024 at 1:16am (Source: MLS PIN #73065409)
Gross Income: $44,400
Gross Expenses: $8,263
Net Income Calc: $36,137
CAP Rate: 8.03%
Annual Expenses for 86-88 Marshall St, Fitchburg MA 01420
Total Gross Expenses (Calculated)$8,263/year
APOD AvailableYes
Heating
Electricity$56
Water$53
Gas$53
Insurance$3,284
Sewer$53
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,870.93
Annual Income & Unit Breakdown for 86-88 Marshall St, Fitchburg MA 01420
Total Gross Income (Calculated)$44,400
Unit 1
Rental Income$950
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(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 4(water)
Unit 3
Rental Income$950
Lease
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 4
Rental Income$850
LeaseN
Bedrooms1
Bathrooms1 Full
Floor4
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
General Information for 86-88 Marshall St, Fitchburg MA 01420
Listing ID73065409
Property TypeMulti Family / 4 Family
Price$450,000 ($111.11/SqFt)
Style4 Family
CityFitchburg
CountyWorcester
MLS AreaFitchburg
Neighborhood(s)
Approximate Living Area Total4,050 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking1
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area
Foundation DescriptionStone,Irregular
Accessible Features
Outdoor Space
ZoningRB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 86-88 Marshall St, 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$4,592
Total Gross Income By Broker$44,400
Total Net Income By Broker$39,208
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 86-88 Marshall St, Fitchburg MA 01420
Real Estate Taxes$4,870.93
Tax Year2022
Assessed Value$276,600
Financial Data SourceOwner
Total Gross Expenses By Broker$4,592
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$44,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$39,208
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.03%
Location Information for 86-88 Marshall St, Fitchburg MA 01420
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaFitchburg
Area AmenitiesHighway Access, House Of Worship, Shopping, Medical Facility, Public Transportation, T-station, University
Contact Information for 86-88 Marshall St, Fitchburg MA 01420