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41-43 Salem St, Fitchburg MA 01420

$549,900

Estimated $1,430.08/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $183,300

Total Rent: 40800/year

Estimated CAP Rate: 6.24%

9 Bedrooms

3 Full, 3 Half Baths

4,158 SqFt

Total Parking: 2

5,000 SqFt

ATTENTION ALL INVESTORS! This large 3 family property is ready for a new owner. Would make a great owner occupied or investment property! Spacious first floor unit has 3 bedrooms, living room, dining room, kitchen, pantry and full bath. A bonus ENCLOSED PORCH AREA on the first floor as well with washer and dryer hoop-up! Use it as is or renovate it for even more space. Second and third floor both have 3 bedrooms, large living room, dining room, kitchen and full bath. With a little TLC, this property can be a massive CASH cow for the new investor/owner. Property being sold "AS IS" SUBJECT TO OWNER FINDING SUITABLE HOUSING

This home has been viewed 30 times

Last Checked: May 7th, 2024 at 4:11am (Source: MLS PIN #73081631)

Gross Income: $40,800

Gross Expenses: $6,461

Net Income Calc: $34,339

CAP Rate: 6.24%

Annual Expenses for 41-43 Salem St, Fitchburg MA 01420

Total Gross Expenses (Calculated)$6,461/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,461

Annual Income & Unit Breakdown for 41-43 Salem St, Fitchburg MA 01420

Total Gross Income (Calculated)$40,800

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,700

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,700

Lease

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 41-43 Salem St, Fitchburg MA 01420

Listing ID73081631

Property TypeMulti Family / 3 Family

Price$549,900 ($132.25/SqFt)

Style3 Family

CityFitchburg

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,158 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking2

Garage Parking

Year Built1908

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionBlock,Brick/Mortar

Accessible Features

Outdoor Space

ZoningRC

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 41-43 Salem St, Fitchburg MA 01420

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$40,800

Total Net Income By Broker$40,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 41-43 Salem St, Fitchburg MA 01420

Real Estate Taxes$6,461

Tax Year2023

Assessed Value$403,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$40,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$40,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.24%

Location Information for 41-43 Salem St, Fitchburg MA 01420

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 41-43 Salem St, Fitchburg MA 01420

Agent

Name: Hipolito Fontes

Office

Name: Best Deal Realty, LLC

Phone: 857-636-8500

Payment Calculator

, Interest

Property Taxes 538.42

Principal & Interest 3388.31

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Best Deal Realty, LLC

Hipolito Fontes

Agent Phone

Office Phone

(857) 636-8500

Text Agent Call Agent Call Office

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    [heating] => No
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[high_school] => 
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        (
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[horse_permitted] => No
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    [insurance_expense] => Array
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[insurance_required] => Array
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[interior_features] => Array
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[last_month_required] => Array
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    [laundry_features] => Array
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[lead_paint] => Array
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[middle_school] => 
    [miscellaneuos_expense] => Array
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            [name] => Best Deal Realty, LLC
            [phone] => 857-636-8500
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    [outdoor_space_available] => Array
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[owner_occupancy_source] => 
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        (
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[pasture_area] => None
    [patio_and_porch] => Array
        (
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[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
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[phone] => 617-412-0656
    [pool_features] => Array
        (
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    [price_per_sqft] => 132.25
    [price_per_unit] => 183300
    [private_pool] => No
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
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[roof_material] => Array
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[rooms] => 18
    [senior_community] => No
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[sewer_expense] => Array
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[short_sale] => 
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    [state_code] => MA
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    [team] => Array
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[terms] => Array
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[timber_acres] => None
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    [trash_expense] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 1 Full
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[unit_1_levels] => 1
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[unit_2_bathrooms] => 1 Full
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[utilities] => Array
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[view] => Array
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[water] => Array
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[water_expense] => Array
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[water_views] => Array
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[water_views_features] => Array
        (
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    [zoning] => RC
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EXIT

Closed

41-43 Salem St, Fitchburg MA 01420

$549,900

Annual Expenses for 41-43 Salem St, Fitchburg MA 01420

Annual Income & Unit Breakdown for 41-43 Salem St, Fitchburg MA 01420

General Information for 41-43 Salem St, Fitchburg MA 01420

Disclosures for 41-43 Salem St, Fitchburg MA 01420

Financial Information for 41-43 Salem St, Fitchburg MA 01420

Location Information for 41-43 Salem St, Fitchburg MA 01420

Contact Information for 41-43 Salem St, Fitchburg MA 01420

Agent

Office

Payment Calculator

Exclusive Listing Agent

Best Deal Realty, LLC

Hipolito Fontes