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Closed

49 Arlington St, Fitchburg MA 01420

$349,900

Estimated $1,047.28/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $116,633.33

Total Rent: 38400/year

Estimated CAP Rate: 8.10%

5 Bedrooms

4 Full Baths

4,020 SqFt

Total Parking: 3

4,967 SqFt

Located near downtown Fitchburg, this beautiful 3-Family property is built in a Victorian style and has been owned and cared for by the same family for over 70 years. The first floor owner-occupied unit is expansive and boasts separate eat-in kitchen, dining, living, and family rooms, as well as a beautiful fireplace. The 2nd floor and 3rd floor are 1-bed 1-bath units with an additional bonus room currently used as a 2nd bedroom in the 2nd floor unit. Each unit has separated utilities and in-unit laundry. Established long-term at-will tenants are in both the 2nd and 3rd floor units. There is additional storage space in the basement for each individual unit. The paved driveway allows for parking for 3 cars. 1st floor rent is an estimate based on current market value, and unit will be delivered vacant. OFFER DEADLINE MONDAY, 1/16 AT 5:00PM.

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 1:25am (Source: MLS PIN #73070195)

Gross Income: $38,400

Gross Expenses: $10,059

Net Income Calc: $28,341

CAP Rate: 8.10%

Annual Expenses for 49 Arlington St, Fitchburg MA 01420

Total Gross Expenses (Calculated)$10,059/year

APOD AvailableYes

Heating

Electricity$1,500

Water$800

Gas$800

Insurance$2,000

Sewer$800

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,759

Annual Income & Unit Breakdown for 49 Arlington St, Fitchburg MA 01420

Total Gross Income (Calculated)$38,400

Unit 1

Rental Income$1,700

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$900

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$600

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 49 Arlington St, Fitchburg MA 01420

Listing ID73070195

Property TypeMulti Family / 3 Family

Price$349,900 ($87.04/SqFt)

Style3 Family

CityFitchburg

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,020 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking3

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 49 Arlington St, Fitchburg MA 01420

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceEstimated

Total Gross Expenses By Broker$2,800

Total Gross Income By Broker$38,400

Total Net Income By Broker$34,100

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 49 Arlington St, Fitchburg MA 01420

Real Estate Taxes$5,759

Tax Year2023

Assessed Value$359,500

Financial Data SourceEstimated

Total Gross Expenses By Broker$2,800

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$38,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$34,100

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.10%

Location Information for 49 Arlington St, Fitchburg MA 01420

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Public Transportation, T-station, Private School, University, Sidewalks

Contact Information for 49 Arlington St, Fitchburg MA 01420

Agent

Name: The Donnelly Team

Office

Name: Coldwell Banker Realty - Leominster

Phone: 978-840-4014

Team Members

Name: Alexis Donnelly

Phone: 978-424-3287

Name: Shane Donnelly

Phone: 978-424-3278

Payment Calculator

, Interest

Property Taxes 479.92

Principal & Interest 2155.97

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Leominster

The Donnelly Team

Agent Phone

Office Phone

(978) 840-4014

Text Agent Call Agent Call Office

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EXIT

Closed

49 Arlington St, Fitchburg MA 01420

$349,900

Annual Expenses for 49 Arlington St, Fitchburg MA 01420

Annual Income & Unit Breakdown for 49 Arlington St, Fitchburg MA 01420

General Information for 49 Arlington St, Fitchburg MA 01420

Disclosures for 49 Arlington St, Fitchburg MA 01420

Financial Information for 49 Arlington St, Fitchburg MA 01420

Location Information for 49 Arlington St, Fitchburg MA 01420

Contact Information for 49 Arlington St, Fitchburg MA 01420

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Coldwell Banker Realty - Leominster

The Donnelly Team