44 Winter St in Fitchburg is an exceptional investment opportunity: a well-maintained, seven-unit asset comprising six one-bedrooms and one two-bedroom, with five units fully renovated. Current ownership has completed an extensive capital improvement program, significantly reducing near-term capital requirements for an incoming investor. Improvements include a full electrical upgrade with individual panels and meters, heating system replacements in most units, a renovated laundry room, new garage roof and door, upgraded exterior egress and emergency lighting, and comprehensive landscaping work. Most units are individually gas metered, with separation infrastructure in place at the remainder requiring only final connection. The in-place rent roll provides stable income with meaningful upside; two tenancy-at-will units offer immediate opportunity to bring rents to market. Fourteen off-street parking spaces (two per unit) plus a garage provide supplemental income potential.
This home has been viewed 4 times
Last Checked: May 2nd, 2026 at 9:53am (Source: MLS PIN #73511393)
Gross Income: $66,000
Gross Expenses: $7,191
Net Income Calc: $58,809
Annual Expenses for 44 Winter St, Fitchburg MA 01420
Total Gross Expenses (Calculated)$7,191/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7191
Annual Income & Unit Breakdown for 44 Winter St, Fitchburg MA 01420
Total Gross Income (Calculated)$66,000
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 44 Winter St, Fitchburg MA 01420
Listing ID73511393
Property TypeMulti Family / 5+ Family
Price1275000 ($304.44/SqFt)
Style5-9 Family
CityFitchburg
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4188
Approximate Lot Size (Acres)0.5
Total Parking18 (2 Garage)
Garage Parking2
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRC
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 44 Winter St, Fitchburg MA 01420
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsNo
Financial Data SourceEstimated
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 44 Winter St, Fitchburg MA 01420
Real Estate Taxes7191
Tax Year2025
Assessed Value$532,300
Financial Data SourceEstimated
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 44 Winter St, Fitchburg MA 01420
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 44 Winter St, Fitchburg MA 01420