Investors and owner-occupants! Check out this expansive 4-family investment opportunity located in the heart of Fitchburg, right by downtown, Fitchburg State University, the commuter rail, and all local conveniences. Featuring a vacant 2-bedroom unit, this property is well-positioned for an owner-occupant to move right in and offset their mortgage with rental income from the three additional units, or any investor looking to grow their portfolio. The property offers separate utilities, including in-unit gas furnaces, separate water heaters, four 100-amp electrical panels plus a separate landlord panel, and a coin-op laundry setup available for tenant use. All units are LEAD COMPLIANT. The attached garage, offering approximately 432 sq. ft., may also present future ADU potential, subject to buyer due diligence and approvals. With five off-street parking spaces and a highly convenient location, this property checks all the boxes for a solid multifamily opportunity.
This home has been viewed 10 times
Last Checked: May 20th, 2026 at 4:58am (Source: MLS PIN #73517139)
Gross Income: $45,600
Gross Expenses: $7,052
Net Income Calc: $38,548
Annual Expenses for 70 Myrtle Ave, Fitchburg MA 01420
Total Gross Expenses (Calculated)$7,052/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7052
Annual Income & Unit Breakdown for 70 Myrtle Ave, Fitchburg MA 01420
Total Gross Income (Calculated)$45,600
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 70 Myrtle Ave, Fitchburg MA 01420
Listing ID73517139
Property TypeMulti Family / 4 Family
Price699900 ($158.92/SqFt)
Style4 Family
CityFitchburg
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4404
Approximate Lot Size (Acres)0.09
Total Parking7 (1 Garage)
Garage Parking1
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRC
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 70 Myrtle Ave, Fitchburg MA 01420
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
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 70 Myrtle Ave, Fitchburg MA 01420
Real Estate Taxes7052
Tax Year2025
Assessed Value$522,000
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 70 Myrtle Ave, Fitchburg MA 01420
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 70 Myrtle Ave, Fitchburg MA 01420