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. Showings will need to be in groups and available Saturday, 1/31/2026 from 10:00-12:00.
This home has been viewed 6 times
Last Checked: January 28th, 2026 at 6:08am (Source: MLS PIN #73471830)
Gross Income: $44,100
Gross Expenses: $8,437
Net Income Calc: $35,663
CAP Rate: 5.67%
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 Tax$8,437
Annual Income & Unit Breakdown for 12 Prince Street, Fitchburg MA 01420
Total Gross Income (Calculated)$44,100
Unit 1
Rental Income$1,050
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesHot Water), Unit 3(water, Unit 4(water
Unit 2
Rental Income$1,050
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesHot Water), Unit 3(water, Unit 4(water
Unit 3
Rental Income$775
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesHot Water), Unit 3(water, Unit 4(water
Unit 4
Rental Income$800
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesHot Water), Unit 3(water, Unit 4(water
General Information for 12 Prince Street, Fitchburg MA 01420
Listing ID73471830
Property TypeMulti Family / 4 Family
Price$629,000 ($174.05/SqFt)
Style4 Family
CityFitchburg
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total3,614 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking16 (4 Garage)
Garage Parking4 / Detached
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor Space
ZoningRB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 12 Prince Street, 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$44,100
Total Net Income By Broker$44,100
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 12 Prince Street, Fitchburg MA 01420
Real Estate Taxes$8,437
Tax Year2025
Assessed Value$624,500
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$44,100
BostonRealEstate.com Gross Income
Total Net Income By Broker$44,100
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.67%
Location Information for 12 Prince Street, Fitchburg MA 01420
Elementary SchoolCrocker Elementary
Middle SchoolLongsjo Middle
High SchoolFitchburg High
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Public School, Shopping, Golf, Park, Laundromat, Bike Path, Public Transportation, T-station, Private School, University, Sidewalks
Contact Information for 12 Prince Street, Fitchburg MA 01420