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 40 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
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 Tax4786
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
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 38 Cliff St, Fitchburg MA 01420
Listing ID73055385
Property TypeMulti Family / 3 Family
Price409900 ($140.47/SqFt)
Style3 Family
CityFitchburg
CountyWorcester
Neighborhood(s)
Approximate Living Area Total2918
Approximate Lot Size (Acres)0.11
Total Parking4
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRB
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 38 Cliff St, Fitchburg MA 01420
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1.75
Facilitator Compensation1.75
Compensation Based OnNet Sale Price
Financial Information for 38 Cliff St, Fitchburg MA 01420
Real Estate Taxes4786
Tax Year2022
Assessed Value$271,800
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 38 Cliff St, Fitchburg MA 01420
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 38 Cliff St, Fitchburg MA 01420