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14 Orchard St, Fitchburg MA 01420

$499,900

Estimated $1,219/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $166,633.33

Total Rent: 61200/year

Estimated CAP Rate:

8 Bedrooms

Baths

3066

Total Parking: 6

5,502 (0.13)

Great opportunity to own a solid 3 family. Two of the 3 apartments were gutted to the studs and completely remodeled. All units separately metered for gas and electric, tenants pay their own utilities. Ready for new owners to just collect rent. Property has many major upgrades completed, including new roof 2020, replacement siding, interior and exterior paint, driveway paved 2020. Units 2 and 3 have brand new flooring, kitchens, baths and more! Close to University, MBTA & Downtown. BIG demand for quality apartments in Fitchburg, Top $$$ Rents. Great Opportunity for Owner Occupied or Investment. Owner also selling property next door at 20 Orchard St. Showings begin at Open House Saturday May 20th 11-1pm. All offers, if any, due Monday May 22 at 1pm.

This home has been viewed 55 times

Last Checked: May 7th, 2024 at 7:01am (Source: MLS PIN #73113084)

Gross Income: $61,200

Gross Expenses: $4,897

Net Income Calc: $56,303

Annual Expenses for 14 Orchard St, Fitchburg MA 01420

Total Gross Expenses (Calculated)$4,897/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4897

Annual Income & Unit Breakdown for 14 Orchard St, Fitchburg MA 01420

Total Gross Income (Calculated)$61,200

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 14 Orchard St, Fitchburg MA 01420

Listing ID73113084

Property TypeMulti Family / 3 Family

Price499900 ($163.05/SqFt)

Style3 Family - 3 Units Up/down

CityFitchburg

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3066

Approximate Lot Size (Acres)0.13

Total Parking6

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRC

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 14 Orchard St, Fitchburg MA 01420

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsStaging And Personal Belongings

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 Compensation2

Facilitator Compensation1

Compensation Based OnNet Sale Price

Financial Information for 14 Orchard St, Fitchburg MA 01420

Real Estate Taxes4897

Tax Year2023

Assessed Value$305,700

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 14 Orchard St, Fitchburg MA 01420

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 14 Orchard St, Fitchburg MA 01420

Agent

Name: Raquel Franco

Office

Name: Capital Real Estate Group LLC

Phone: 978-235-5136

Payment Calculator

, Interest

Property Taxes 408.08

Principal & Interest 3080.22

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Capital Real Estate Group LLC

Raquel Franco

Agent Phone

Office Phone

(978) 235-5136

Text Agent Call Agent Call Office

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EXIT

31 More Photos

Closed

14 Orchard St, Fitchburg MA 01420

$499,900

Annual Expenses for 14 Orchard St, Fitchburg MA 01420

Annual Income & Unit Breakdown for 14 Orchard St, Fitchburg MA 01420

General Information for 14 Orchard St, Fitchburg MA 01420

Disclosures for 14 Orchard St, Fitchburg MA 01420

Financial Information for 14 Orchard St, Fitchburg MA 01420

Location Information for 14 Orchard St, Fitchburg MA 01420

Contact Information for 14 Orchard St, Fitchburg MA 01420

Agent

Office

Payment Calculator

Exclusive Listing Agent

Capital Real Estate Group LLC

Raquel Franco