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Pending

61-63 Spruce St, Fitchburg MA 01420

$625,000

Estimated $1,559/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $208,333.33

Total Rent: 46200/year

Estimated CAP Rate:

8 Bedrooms

Baths

3206

Total Parking: 6

5,484 (0.13)

Three-family home located on a quiet street in Fitchburg offering strong rental income potential and excellent opportunity for investors or owner occupants alike. One unit will be delivered vacant, creating flexibility for an owner occupant or the opportunity to bring in a new tenant at market rent. The property features a newer roof and a fenced-in backyard, providing outdoor space and added privacy for tenants. Conveniently located near shopping, restaurants, parks, and major routes. Great opportunity to build equity and generate cash flow in an increasingly competitive rental market.

This home has been viewed 10 times

Last Checked: June 12th, 2026 at 6:33am (Source: MLS PIN #73521638)

Gross Income: $46,200

Gross Expenses: $6,543

Net Income Calc: $39,657

Annual Expenses for 61-63 Spruce St, Fitchburg MA 01420

Total Gross Expenses (Calculated)$6,543/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6543

Annual Income & Unit Breakdown for 61-63 Spruce St, Fitchburg MA 01420

Total Gross Income (Calculated)$46,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 61-63 Spruce St, Fitchburg MA 01420

Listing ID73521638

Property TypeMulti Family / 3 Family

Price625000 ($194.95/SqFt)

Style3 Family - 3 Units Up/down

CityFitchburg

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3206

Approximate Lot Size (Acres)0.13

Total Parking6

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoningrc

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 61-63 Spruce St, Fitchburg MA 01420

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTree House

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 61-63 Spruce St, Fitchburg MA 01420

Real Estate Taxes6543

Tax Year2025

Assessed Value$484,300

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 61-63 Spruce St, Fitchburg MA 01420

Neighborhood(s)

Area Amenities

Contact Information for 61-63 Spruce St, Fitchburg MA 01420

Agent

Name: Brandon Oberdorfer

Office

Name: The Neighborhood Realty Group

Phone: 508-459-1876

Payment Calculator

, Interest

Property Taxes 545.25

Principal & Interest 3851.05

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

The Neighborhood Realty Group

Brandon Oberdorfer

Agent Phone

Office Phone

(508) 459-1876

Text Agent Call Agent Call Office

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    [unparsed] => 61-63 Spruce St, Fitchburg MA 01420
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EXIT

22 More Photos

Pending

61-63 Spruce St, Fitchburg MA 01420

$625,000

Annual Expenses for 61-63 Spruce St, Fitchburg MA 01420

Annual Income & Unit Breakdown for 61-63 Spruce St, Fitchburg MA 01420

General Information for 61-63 Spruce St, Fitchburg MA 01420

Disclosures for 61-63 Spruce St, Fitchburg MA 01420

Financial Information for 61-63 Spruce St, Fitchburg MA 01420

Location Information for 61-63 Spruce St, Fitchburg MA 01420

Contact Information for 61-63 Spruce St, Fitchburg MA 01420

Agent

Office

Payment Calculator

Exclusive Listing Agent

The Neighborhood Realty Group

Brandon Oberdorfer