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Canceled

318 Charles Street, Fitchburg MA 01420

$475,000

Estimated $1,244.30/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $158,333.33

Total Rent: 10560/year

Estimated CAP Rate: 1.03%

5 Bedrooms

3 Full Baths

2,378 SqFt

Total Parking: 2 (1 Garage)

4,791 SqFt

Attention Investors! 318 Charles Street is a 3 family property offering strong rental potential on a dead end street. Two of the units — both 1 bed, 1 bath and located on the first level — are beautifully refreshed and move-in ready. Both are freshly painted with brand-new stainless steel range ovens. The third unit features 3 bedrooms and 1 full bath, offering even more income potential. Whether you’re looking to live in one unit and rent the others, or lease all three, this is a great opportunity for owner occupants and investors alike. Includes a detached one two car garage. Located close to Fitchburg State University, commuter rail, downtown shops, restaurants, and Route 2 for easy access, this property is positioned well for consistent tenant demand and long-term value.

This home has been viewed 74 times

Last Checked: July 1st, 2025 at 4:29am (Source: MLS PIN #73385898)

Gross Income: $10,560

Gross Expenses: $5,689

Net Income Calc: $4,871

CAP Rate: 1.03%

Annual Expenses for 318 Charles Street, Fitchburg MA 01420

Total Gross Expenses (Calculated)$5,689/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,689.06

Annual Income & Unit Breakdown for 318 Charles Street, Fitchburg MA 01420

Total Gross Income (Calculated)$10,560

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$880

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 318 Charles Street, Fitchburg MA 01420

Listing ID73385898

Property TypeMulti Family / 3 Family

Price$475,000 ($199.75/SqFt)

Style3 Family

CityFitchburg

CountyWorcester

MLS AreaFitchburg

Neighborhood(s)

Approximate Living Area Total2,378 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking2 (1 Garage)

Garage Parking1 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping, Cleared

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor SpacePorch

ZoningRB

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 318 Charles Street, Fitchburg MA 01420

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureSq ft is approximate

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$10,560

Total Net Income By Broker$10,560

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 318 Charles Street, Fitchburg MA 01420

Real Estate Taxes$5,689.06

Tax Year2025

Assessed Value$421,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$10,560

BostonRealEstate.com Gross Income

Total Net Income By Broker$10,560

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.03%

Location Information for 318 Charles Street, Fitchburg MA 01420

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaFitchburg

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Laundromat, Public Transportation, University

Contact Information for 318 Charles Street, Fitchburg MA 01420

Agent

Name: VIP Group

Office

Name: Moor Realty Group

Phone: 781-961-6667

Team Members

Name: Hayley Grigg

Phone: 781-742-4304

Name: Kerri Mulvey

Phone: 781-989-0305

Payment Calculator

, Interest

Property Taxes 474.09

Principal & Interest 2926.8

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Moor Realty Group

VIP Group

Agent Phone

Office Phone

(781) 961-6667

Text Agent Call Agent Call Office

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EXIT

Canceled

318 Charles Street, Fitchburg MA 01420

$475,000

Annual Expenses for 318 Charles Street, Fitchburg MA 01420

Annual Income & Unit Breakdown for 318 Charles Street, Fitchburg MA 01420

General Information for 318 Charles Street, Fitchburg MA 01420

Disclosures for 318 Charles Street, Fitchburg MA 01420

Financial Information for 318 Charles Street, Fitchburg MA 01420

Location Information for 318 Charles Street, Fitchburg MA 01420

Contact Information for 318 Charles Street, Fitchburg MA 01420

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Moor Realty Group

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