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53 Airport Rd, Fitchburg MA 01420

$450,000

Estimated $1,164.50/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $150,000

Total Rent: 16800/year

Estimated CAP Rate: 2.57%

6 Bedrooms

3 Full Baths

2,742 SqFt

Total Parking: 7 (1 Garage)

5,400 SqFt

Embrace opportunity in this 3-family property, ideal for both investors and families seeking comfortable living with close proximity to conveniences. 3 spacious units, each boasting 2 bedrooms, a full bathroom, a functional kitchen with pantry, and a welcoming living room. Each unit has their own washer / dryer hookups. Updated electrical panels and HW tanks. Ample off-street parking, eliminating the stress of street parking for residents. Enjoy the convenience of being close to shopping, restaurants and highways, making errands and commutes a breeze.

This home has been viewed 31 times

Last Checked: May 8th, 2024 at 1:26am (Source: MLS PIN #73199377)

Gross Income: $16,800

Gross Expenses: $5,218

Net Income Calc: $11,582

CAP Rate: 2.57%

Annual Expenses for 53 Airport Rd, Fitchburg MA 01420

Total Gross Expenses (Calculated)$5,218/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,218

Annual Income & Unit Breakdown for 53 Airport Rd, Fitchburg MA 01420

Total Gross Income (Calculated)$16,800

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$700

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$700

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 53 Airport Rd, Fitchburg MA 01420

Listing ID73199377

Property TypeMulti Family / 3 Family

Price$450,000 ($164.11/SqFt)

Style3 Family

CityFitchburg

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,742 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking7 (1 Garage)

Garage Parking1 / Detached

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone,Granite

Accessible Features

Outdoor Space

ZoningC

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 53 Airport Rd, Fitchburg MA 01420

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureLayout / condition of 2nd and 3rd floors is very s

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$16,800

Total Net Income By Broker$16,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 53 Airport Rd, Fitchburg MA 01420

Real Estate Taxes$5,218

Tax Year2023

Assessed Value$325,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$16,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$16,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.57%

Location Information for 53 Airport Rd, Fitchburg MA 01420

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, T-station, Private School, University

Contact Information for 53 Airport Rd, Fitchburg MA 01420

Agent

Name: Stanley Howe

Office

Name: Keller Williams Realty North Central

Phone: 978-840-9000

Payment Calculator

, Interest

Property Taxes 434.83

Principal & Interest 2772.76

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty North Central

Stanley Howe

Agent Phone

Office Phone

(978) 840-9000

Text Agent Call Agent Call Office

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            [phone] => 978-840-9000
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[optional_price] => 0
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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
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[perc_test_date] => Unknown
    [pet_policy] => Array
        (
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[phone] => 508-331-3277
    [pool_features] => Array
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    [private_pool] => No
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            [1] => Unit 2(water)
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
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[roof_material] => Array
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[rooms] => 12
    [senior_community] => No
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[sewer_expense] => Array
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[short_sale] => 
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[style] => Array
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[terms] => Array
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    [title_5] => 
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    [trash_expense] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 1 Full
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[unit_4_bathrooms] => 
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[utilities] => Array
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[water] => Array
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[water_views] => Array
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[water_views_features] => Array
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    [waterfront_features] => Array
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[year_built] => 1890
    [year_built_details] => Approximate
    [year_built_source] => Public Records
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    [zip] => 01420
    [zoning] => C
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EXIT

Closed

53 Airport Rd, Fitchburg MA 01420

$450,000

Annual Expenses for 53 Airport Rd, Fitchburg MA 01420

Annual Income & Unit Breakdown for 53 Airport Rd, Fitchburg MA 01420

General Information for 53 Airport Rd, Fitchburg MA 01420

Disclosures for 53 Airport Rd, Fitchburg MA 01420

Financial Information for 53 Airport Rd, Fitchburg MA 01420

Location Information for 53 Airport Rd, Fitchburg MA 01420

Contact Information for 53 Airport Rd, Fitchburg MA 01420

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty North Central

Stanley Howe