Great investment opportunity! Fully rented 4-family property offering 18 total rooms and 6 bedrooms across two first floor and two second-floor apartments. Features include four full bathrooms, four one-car garages underneath, a common laundry room, and separate basement storage areas for each unit. Off-street parking available. Current gross income $44,100, with tenants responsible for all utilities except water and sewer. All units are occupied by long-term tenants, providing stable cash flow. Owned by the same family for 21 years and being sold as-is. Solid income-producing asset with strong rental history, conveniently located close to downtown amenities.
This home has been viewed 43 times
Last Checked: May 31st, 2026 at 6:58am (Source: MLS PIN #73471830)
Gross Income: $44,100
Gross Expenses: $8,437
Net Income Calc: $35,663
Water Views
Annual Expenses for 12 Prince Street, Fitchburg MA 01420
Total Gross Expenses (Calculated)$8,437/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8437
Annual Income & Unit Breakdown for 12 Prince Street, Fitchburg MA 01420
Total Gross Income (Calculated)$44,100
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 12 Prince Street, Fitchburg MA 01420
Listing ID73471830
Property TypeMulti Family / 4 Family
Price599900 ($165.99/SqFt)
Style4 Family
CityFitchburg
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3614
Approximate Lot Size (Acres)0.13
Total Parking16 (4 Garage)
Garage Parking4
Year Built1910
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 Space
ZoningRB
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 12 Prince Street, Fitchburg MA 01420
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher/Dryer Negotiable
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 12 Prince Street, Fitchburg MA 01420
Real Estate Taxes8437
Tax Year2025
Assessed Value$624,500
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 12 Prince Street, Fitchburg MA 01420
Elementary SchoolCrocker Elementary
Middle SchoolLongsjo Middle
High SchoolFitchburg High
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 12 Prince Street, Fitchburg MA 01420