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20 Orchard St, Fitchburg MA 01420

$619,900

Estimated $1,448/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $154,975

Total Rent: 78000/year

Estimated CAP Rate:

9 Bedrooms

Baths

3034

Total Parking: 10

5,497 (0.13)

Solid 4 family, investors take notice! Strong rental history! High market rents. INCREDIBLE NUMBERS! 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 2018, sprinkler system and fire alarm system added 2018, brand new kitchens and baths 2018 as well as upgraded electric and plumbing in the process. Interior and exterior painting done in 2018. Garage demolition, parking addition and paving done during this ownership as well. Coin operated washer and dryer in basement for tenant usage. Great opportunity to add to an investment portfolio. Close to major routes and Fitchburg State University. Don't miss this one! First showings at open house Saturday, May 20th, 11-1pm. Offers, if any, due Monday, May 22 at 1pm. Owner also selling 14 Orchard Street.

This home has been viewed 59 times

Last Checked: May 7th, 2024 at 7:01am (Source: MLS PIN #73113082)

Gross Income: $78,000

Gross Expenses: $5,320

Net Income Calc: $72,680

Annual Expenses for 20 Orchard St, Fitchburg MA 01420

Total Gross Expenses (Calculated)$5,320/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5320

Annual Income & Unit Breakdown for 20 Orchard St, Fitchburg MA 01420

Total Gross Income (Calculated)$78,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 20 Orchard St, Fitchburg MA 01420

Listing ID73113082

Property TypeMulti Family / 4 Family

Price619900 ($204.32/SqFt)

Style4 Family - 4 Units Up/down

CityFitchburg

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3034

Approximate Lot Size (Acres)0.13

Total Parking10

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRC

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 20 Orchard St, Fitchburg MA 01420

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher And Dryer Excluded. Curtain Rods In Primary Belong To Stager.

Financial Data SourceEstimated

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 20 Orchard St, Fitchburg MA 01420

Real Estate Taxes5320

Tax Year2023

Assessed Value$332,100

Financial Data SourceEstimated

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 20 Orchard St, Fitchburg MA 01420

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 20 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 443.33

Principal & Interest 3819.63

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

21 More Photos

Closed

20 Orchard St, Fitchburg MA 01420

$619,900

Annual Expenses for 20 Orchard St, Fitchburg MA 01420

Annual Income & Unit Breakdown for 20 Orchard St, Fitchburg MA 01420

General Information for 20 Orchard St, Fitchburg MA 01420

Disclosures for 20 Orchard St, Fitchburg MA 01420

Financial Information for 20 Orchard St, Fitchburg MA 01420

Location Information for 20 Orchard St, Fitchburg MA 01420

Contact Information for 20 Orchard St, Fitchburg MA 01420

Agent

Office

Payment Calculator

Exclusive Listing Agent

Capital Real Estate Group LLC

Raquel Franco