GROUP SHOWING Saturday March 18, 2023 1:00pm ***WILL NOT QUALIFY FOR FHA*** 38 Cliff Street is a fully occupied (TAW), 3-unit property that presents a fantastic opportunity for an investor or owner-occupant. The first and second floors are nearly identical layouts, each with 2 bedrooms, one bath & gorgeous full size dining rooms. The third floor also has 2 bedroom, 1 bathroom, an open kitchen and living area. All unit's have washers & dryers in unit. There is a large unfinished basement with lots of space for storage. Utilities are separate. Vinyl siding & replacement windows help to make the exterior relatively maintenance free. Property located on side street next to large public park. Sale includes extra 15000 sqft lot with 100' frontage on Florence Rd (Paper road). Property to be sold "as-is" with current tenants.
This home has been viewed 30 times
Last Checked: May 7th, 2024 at 5:31am (Source: MLS PIN #73055385)
Gross Income: $0
Gross Expenses: $4,786
Net Income Calc: $4,786
CAP Rate: -1.17%
Annual Expenses for 38 Cliff St, Fitchburg MA 01420
Total Gross Expenses (Calculated)$4,786/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,786
Annual Income & Unit Breakdown for 38 Cliff St, Fitchburg MA 01420
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 38 Cliff St, Fitchburg MA 01420
Listing ID73055385
Property TypeMulti Family / 3 Family
Price$409,900 ($140.47/SqFt)
Style3 Family
CityFitchburg
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,918 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesWooded, Cleared
Foundation Area
Foundation DescriptionGranite
Accessible Features
Outdoor Space
ZoningRB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 38 Cliff 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$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1.75
Facilitator Compensation1.75
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 38 Cliff St, Fitchburg MA 01420
Real Estate Taxes$4,786
Tax Year2022
Assessed Value$271,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.17%
Location Information for 38 Cliff St, Fitchburg MA 01420
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, University
Contact Information for 38 Cliff St, Fitchburg MA 01420