Overview Property Details Payment Calculator Walkability

Canceled

51 Elmwood Ave, Fitchburg MA 01420

$375,000

Estimated $944.06/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $187,500

Total Rent: 30000/year

Estimated CAP Rate: 6.92%

6 Bedrooms

2 Full Baths

1,482 SqFt

Total Parking: 2

4,000 SqFt

Well maintained 2 Family is perfect for new time homeowner looking to collect rent. Each unit has 3-bedrooms, 1 full bathroom. Second floor was beautifully renovated with spacious bedrooms, gleaming hardwood floors, 1 full bathroom, and a fully renovated kitchen with stainle...

This home has been viewed 38 times

Last Checked: May 7th, 2024 at 5:41am (Source: MLS PIN #73113076)

Gross Income: $30,000

Gross Expenses: $4,032

Net Income Calc: $25,968

CAP Rate: 6.92%

Annual Expenses for 51 Elmwood Ave, Fitchburg MA 01420

Total Gross Expenses (Calculated)$4,032/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,032

Annual Income & Unit Breakdown for 51 Elmwood Ave, Fitchburg MA 01420

Total Gross Income (Calculated)$30,000

Unit 1

Rental Income$1,000

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,500

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 51 Elmwood Ave, Fitchburg MA 01420

Listing ID73113076

Property TypeMulti Family

Price$375,000 ($253.04/SqFt)

StyleMulti Family

CityFitchburg

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total1,482 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking2

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

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 51 Elmwood Ave, 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$12,000

Total Net Income By Broker$12,000

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 51 Elmwood Ave, Fitchburg MA 01420

Real Estate Taxes$4,032

Tax Year2023

Assessed Value$251,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$12,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$12,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.92%

Location Information for 51 Elmwood Ave, Fitchburg MA 01420

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 51 Elmwood Ave, Fitchburg MA 01420

Agent

Name: Raquel Martinez

MLS ID: CN209131

Office ID: AN6662

National Association ID: 449585857

Address: 82 West Eagle Street #1

City: Boston

State: MA

Zip: 02128

Office

Name: Martinez Realty Group

MLS Office ID: AN6662

Phone: 617-561-1009

Team Members

Name: Stephanie Martinez

MLS ID: CN248149

Office ID: AN6662

Phone: 857-389-9749

City: Revere

State: MA

Payment Calculator

$2,646.63 per month

30 Years Fixed, 6.75% Interest

Property Taxes $336.00

Principal & Interest $2,310.63

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Martinez Realty Group

Raquel Martinez

Agent Phone

Office Phone

(617) 561-1009

Text Agent Call Agent Call Office

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EXIT