Meticulously maintained three-family home in a prime Fitchburg commuter location! This updated and turn-key multifamily offers exceptional income potential for investors or owner-occupants seeking rental revenue.The first-floor unit features three spacious bedrooms, 1.5 bathrooms, an inviting living area, and an updated kitchen—ideal layout for strong rental demand. The second-floor unit, also offering three bedrooms and one full bath, is equipped with Tesla solar panels to help reduce energy costs for the unit. The third-floor unit provides a comfortable one bedroom, one bathroom setup with excellent natural light and efficient use of space.Recent improvements throughout the property enhance both functionality and appeal. Residents will appreciate ample parking, dedicated storage areas, and in-unit laundry options. Rare opportunity for clean and updated income producing property - Please stop by our Open House Sat 4/4 1:00-2:00!
This home has been viewed 6 times
Last Checked: June 10th, 2026 at 10:43am (Source: MLS PIN #73485116)
Gross Income: $61,200
Gross Expenses: $5,767
Net Income Calc: $55,433
Annual Expenses for 29 Forest Street, Fitchburg MA 01420
Total Gross Expenses (Calculated)$5,767/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5767
Annual Income & Unit Breakdown for 29 Forest Street, Fitchburg MA 01420
Total Gross Income (Calculated)$61,200
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 29 Forest Street, Fitchburg MA 01420
Listing ID73485116
Property TypeMulti Family / 3 Family
Price610000 ($201.72/SqFt)
Style3 Family
CityFitchburg
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3024
Approximate Lot Size (Acres)0.11
Total Parking5
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRES
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 29 Forest Street, Fitchburg MA 01420
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.
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 29 Forest Street, Fitchburg MA 01420
Real Estate Taxes5767
Tax Year2025
Assessed Value$426,900
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 29 Forest Street, Fitchburg MA 01420
Neighborhood(s)
Area Amenities
Contact Information for 29 Forest Street, Fitchburg MA 01420