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Canceled

10-12 Water Street Ln, Fitchburg MA 01420

$625,000

Estimated $1,481/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $208,333.33

Total Rent: 60000/year

Estimated CAP Rate:

8 Bedrooms

Baths

2789

Total Parking: 3

3,607 (0.08)

Attention savvy buyers and investors! This property presents excellent potential for a multi-family setup, featuring 3 bedrooms on both the first and second floors, plus 2 bedrooms on the lower level. Units 1 and 2 have been freshly painted, renovated, and are vacant, offering you the perfect opportunity to create your dream home or a lucrative investment. Unit 3 is currently rented with a low rent, and the tenant is on a month-to-month lease. Enjoy the backyard for BBQs, as well as front and back porches. Sold as-is; the seller will not make any additional repairs.

This home has been viewed 150 times

Last Checked: March 24th, 2025 at 4:19am (Source: MLS PIN #73331901)

Gross Income: $60,000

Gross Expenses: $5,612

Net Income Calc: $54,388

Water Views

Annual Expenses for 10-12 Water Street Ln, Fitchburg MA 01420

Total Gross Expenses (Calculated)$5,612/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5612

Annual Income & Unit Breakdown for 10-12 Water Street Ln, Fitchburg MA 01420

Total Gross Income (Calculated)$60,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor0

Levels in Unit1

Rent Includes

General Information for 10-12 Water Street Ln, Fitchburg MA 01420

Listing ID73331901

Property TypeMulti Family / 3 Family

Price625000 ($224.09/SqFt)

Style3 Family

CityFitchburg

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2789

Approximate Lot Size (Acres)0.08

Total Parking3

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRC

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 10-12 Water Street Ln, Fitchburg MA 01420

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsOwners 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 Compensation1.5

Compensation Based On

Financial Information for 10-12 Water Street Ln, Fitchburg MA 01420

Real Estate Taxes5612

Tax Year2025

Assessed Value$415,400

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 10-12 Water Street Ln, Fitchburg MA 01420

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 10-12 Water Street Ln, Fitchburg MA 01420

Agent

Name: Mistral Thompson

Office

Name: Top Realty

Phone: 617-942-0639

Payment Calculator

, Interest

Property Taxes 467.67

Principal & Interest 3851.05

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Top Realty

Mistral Thompson

Agent Phone

Office Phone

(617) 942-0639

Text Agent Call Agent Call Office

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EXIT

4 More Photos

Canceled

10-12 Water Street Ln, Fitchburg MA 01420

$625,000

Annual Expenses for 10-12 Water Street Ln, Fitchburg MA 01420

Annual Income & Unit Breakdown for 10-12 Water Street Ln, Fitchburg MA 01420

General Information for 10-12 Water Street Ln, Fitchburg MA 01420

Disclosures for 10-12 Water Street Ln, Fitchburg MA 01420

Financial Information for 10-12 Water Street Ln, Fitchburg MA 01420

Location Information for 10-12 Water Street Ln, Fitchburg MA 01420

Contact Information for 10-12 Water Street Ln, Fitchburg MA 01420

Agent

Office

Payment Calculator

Exclusive Listing Agent

Top Realty

Mistral Thompson