Turnkey 3-Family in Prime Fitchburg Location! Fantastic opportunity to own a well-maintained 3-unit property, each offering 2 bedrooms, 1 full bath, eat-in kitchen, and living room. All units feature gas heat, separate utilities, and in-unit washer/dryer. Ample off-street pa...
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Last Checked: July 9th, 2025 at 8:28pm (Source: MLS PIN #73393522)
Gross Income: $52,608
Gross Expenses: $11,739
Net Income Calc: $40,869
CAP Rate: 7.58%
Annual Expenses for 16 Nashua St, Fitchburg MA 01420
Total Gross Expenses (Calculated)$11,739/year
APOD AvailableNo
Heating
Electricity$339
Water$3,418
Gas$3,418
Insurance$2,385
Sewer$3,418
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,597
Annual Income & Unit Breakdown for 16 Nashua St, Fitchburg MA 01420
Total Gross Income (Calculated)$52,608
Unit 1
Rental Income$1,133
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$1,751
LeaseY
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$1,500
LeaseY
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 16 Nashua St, Fitchburg MA 01420
Listing ID73393522
Property TypeMulti Family / 3 Family
Price$539,000 ($224.58/SqFt)
Style3 Family
CityFitchburg
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,400 SqFt
Approximate Lot Size (Acres)0.2 acres
Total Parking16 (10 Garage)
Garage Parking10 / Detached
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpaceDeck - Wood
ZoningRC
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 16 Nashua St, Fitchburg MA 01420
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceEstimated
Total Gross Expenses By Broker$9,899
Total Gross Income By Broker$52,608
Total Net Income By Broker$52,608
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 16 Nashua St, Fitchburg MA 01420
Real Estate Taxes$5,597
Tax Year2025
Assessed Value$414,300
Financial Data SourceEstimated
Total Gross Expenses By Broker$9,899
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$52,608
BostonRealEstate.com Gross Income
Total Net Income By Broker$52,608
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.58%
Location Information for 16 Nashua St, Fitchburg MA 01420
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesShopping, Public Transportation
Contact Information for 16 Nashua St, Fitchburg MA 01420