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190 Blossom St, Fitchburg MA 01420

$539,000

Estimated $1,467.53/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $134,750

Total Rent: 56148/year

Estimated CAP Rate: 7.56%

10 Bedrooms

4 Full Baths

4,403 SqFt

Total Parking: 8

33,661 SqFt

This large, multi-family house with four occupied units is perfect for the savvy investor! Ideally located less than a mile from Fitchburg State University and the commuter rail and only 8 mins to Rt 2, all units are rented with excellent income. Current tenants pay on time and already have renewal leases in place. The two 2-bed/1-bath units and two 3-bed/1-bath units have been continually maintained with recent improvements such as new kitchen appliances and flooring in one unit, updated electrical work for some panels, new carpet and flooring in the common areas of two units and a new driveway. A low-maintenance building with separately metered utilities for each unit, an oversized lot with plenty of parking, and the current local property management interested in remaining - don't miss this fantastic opportunity!

This home has been viewed 23 times

Last Checked: May 7th, 2024 at 1:31am (Source: MLS PIN #73067356)

Gross Income: $56,148

Gross Expenses: $15,425

Net Income Calc: $40,723

CAP Rate: 7.56%

Annual Expenses for 190 Blossom St, Fitchburg MA 01420

Total Gross Expenses (Calculated)$15,425/year

APOD AvailableNo

Heating

Electricity$240

Water$1,500

Gas$1,500

Insurance$2,963

Sewer$1,500

Trash Removal

Repair & Maintenance

Management$3,600

Miscellaneous

Real Estate Tax$7,122.49

Annual Income & Unit Breakdown for 190 Blossom St, Fitchburg MA 01420

Total Gross Income (Calculated)$56,148

Unit 1

Rental Income$1,100

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$1,379

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$1,350

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$850

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 190 Blossom St, Fitchburg MA 01420

Listing ID73067356

Property TypeMulti Family / 4 Family

Price$539,000 ($122.42/SqFt)

Style4 Family

CityFitchburg

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,403 SqFt

Approximate Lot Size (Acres)0.77 acres

Total Parking8

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 190 Blossom 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$8,303

Total Gross Income By Broker$56,148

Total Net Income By Broker$47,845

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 190 Blossom St, Fitchburg MA 01420

Real Estate Taxes$7,122.49

Tax Year2023

Assessed Value$444,600

Financial Data SourceOwner

Total Gross Expenses By Broker$8,303

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$56,148

BostonRealEstate.com Gross Income

Total Net Income By Broker$47,845

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.56%

Location Information for 190 Blossom St, Fitchburg MA 01420

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Public Transportation, University

Contact Information for 190 Blossom St, Fitchburg MA 01420

Agent

Name: Hilary Dunlavey

Office

Name: Compass

Phone: 617-206-3333

Payment Calculator

, Interest

Property Taxes 593.54

Principal & Interest 3321.15

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Hilary Dunlavey

Agent Phone

Office Phone

(617) 206-3333

Text Agent Call Agent Call Office

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EXIT

Closed

190 Blossom St, Fitchburg MA 01420

$539,000

Annual Expenses for 190 Blossom St, Fitchburg MA 01420

Annual Income & Unit Breakdown for 190 Blossom St, Fitchburg MA 01420

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Disclosures for 190 Blossom St, Fitchburg MA 01420

Financial Information for 190 Blossom St, Fitchburg MA 01420

Location Information for 190 Blossom St, Fitchburg MA 01420

Contact Information for 190 Blossom St, Fitchburg MA 01420

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Hilary Dunlavey