Overview Property Details Payment Calculator Walkability

Canceled

10-12 Water Street Ln, Fitchburg MA 01420

$625,000

Estimated $1,481.10/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $208,333.33

Total Rent: 60000/year

Estimated CAP Rate: 8.70%

8 Bedrooms

3 Full Baths

2,789 SqFt

Total Parking: 3

3,607 SqFt

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, offeri...

This home has been viewed 53 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

CAP Rate: 8.70%

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 Tax$5,612

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

Total Gross Income (Calculated)$60,000

Unit 1

Rental Income$2,000

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$2,000

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

Unit 3

Rental Income$1,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor0

Levels in Unit1

HeatingYes

Rent Includes

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

Listing ID73331901

Property TypeMulti Family / 3 Family

Price$625,000 ($224.09/SqFt)

Style3 Family

CityFitchburg

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,789 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Stone

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter,Stone

Accessible Features

Outdoor SpaceDeck - Wood, Enclosed, Porch

ZoningRC

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy 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

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$19,200

Total Net Income By Broker$19,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1.5%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

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

Real Estate Taxes$5,612

Tax Year2025

Assessed Value$415,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$19,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$19,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.70%

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

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPark, Public Transportation

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

Agent

Name: Mistral Thompson

MLS ID: BB700110

Office ID: AN3493

National Association ID: 451501757

Address: 14 Martin

City: Medford

State: MA

Zip: 02155

Office

Name: Top Realty

MLS Office ID: AN3493

Phone: 617-942-0639

Team Members

Name: Michelet Thompson

MLS ID: CT002976

Office ID: AN3493

Phone: 617-909-1229

City: Malden

State: MA

Payment Calculator

$4,318.72 per month

30 Years Fixed, 6.75% Interest

Property Taxes $467.67

Principal & Interest $3,851.05

HOA Dues $0

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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[perc_test] => Array
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[perc_test_date] => Unknown
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[terms] => Array
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[timber_acres] => None
    [title_5] => 
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    [total_gross_income] => 60000
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[uffi] => Array
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[water] => Array
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[water_expense] => Array
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    [year_built_details] => Approximate
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    [zoning] => RC
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EXIT

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

Team Members

Payment Calculator

Exclusive Listing Agent

Top Realty

Mistral Thompson