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151 Mechanic Street, Fitchburg MA 01420

$560,000

Estimated $1,450/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $186,666.67

Total Rent: 53832/year

Estimated CAP Rate:

7 Bedrooms

Baths

2680

Total Parking: 10

7,105 (0.16)

Back on market due to buyer financing — no issues with the property. Well-maintained brick three-family offering flexibility for owner-occupants or investors. Features one spacious 3-bed unit, one 2-bed unit and a one-bedroom unit, each with separate gas heat, hot water, and electric for predictable operating costs. Amenities include off-street parking, coin-op laundry, and a private side yard—a rare bonus in this location. Practical layouts support strong, long-term tenancy. Close to the MBTA commuter rail, schools, shops, and major routes. First-floor unit vacant, ideal for living in one unit while offsetting expenses or adding a low-maintenance asset to your portfolio.

This home has been viewed 9 times

Last Checked: June 30th, 2026 at 4:29am (Source: MLS PIN #73490207)

Gross Income: $53,832

Gross Expenses: $6,500

Net Income Calc: $47,332

Annual Expenses for 151 Mechanic Street, Fitchburg MA 01420

Total Gross Expenses (Calculated)$6,500/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6500

Annual Income & Unit Breakdown for 151 Mechanic Street, Fitchburg MA 01420

Total Gross Income (Calculated)$53,832

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms2 Full

Floor3

Levels in Unit2

Rent Includes

General Information for 151 Mechanic Street, Fitchburg MA 01420

Listing ID73490207

Property TypeMulti Family / 3 Family

Price560000 ($208.96/SqFt)

Style3 Family

CityFitchburg

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2680

Approximate Lot Size (Acres)0.16

Total Parking10

Garage Parking0

Year Built1830

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRC

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 151 Mechanic 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 151 Mechanic Street, Fitchburg MA 01420

Real Estate Taxes6500

Tax Year2025

Assessed Value$481,100

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 151 Mechanic Street, Fitchburg MA 01420

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 151 Mechanic Street, Fitchburg MA 01420

Agent

Name: Derrick Asante

Office

Name: Century 21 XSELL REALTY

Phone: 774-772-7072

Payment Calculator

, Interest

Property Taxes 541.67

Principal & Interest 3450.54

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 XSELL REALTY

Derrick Asante

Agent Phone

Office Phone

(774) 772-7072

Text Agent Call Agent Call Office

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    [unparsed] => 151 Mechanic Street, Fitchburg MA 01420
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EXIT

39 More Photos

Withdrawn

151 Mechanic Street, Fitchburg MA 01420

$560,000

Annual Expenses for 151 Mechanic Street, Fitchburg MA 01420

Annual Income & Unit Breakdown for 151 Mechanic Street, Fitchburg MA 01420

General Information for 151 Mechanic Street, Fitchburg MA 01420

Disclosures for 151 Mechanic Street, Fitchburg MA 01420

Financial Information for 151 Mechanic Street, Fitchburg MA 01420

Location Information for 151 Mechanic Street, Fitchburg MA 01420

Contact Information for 151 Mechanic Street, Fitchburg MA 01420

Agent

Office

Payment Calculator

Exclusive Listing Agent

Century 21 XSELL REALTY

Derrick Asante