IVACANT AND READY FOR OCCUPANCY!!! ncredible opportunity to own this new build (2015) building. Everything is 10 years young! Large exterior footprint with tons of off street parking and an oversized 2 car garage. Currently used as a "mixed use" building with the first floor occupied by a plumbing company. This unit has 2 half baths (one could be converted to full bath). This unit could have 2 bedrooms. Upper floor is a lovely one bedroom apartment with all the bells and whistles. Hardwood, stainless steel appliances, recessed lighting, mini splits and tons of closet space!
This home has been viewed 32 times
Last Checked: August 3rd, 2026 at 7:13am (Source: MLS PIN #73543685)
Gross Income: $24,000
Gross Expenses: $7,414
Net Income Calc: $16,586
Water Views
Annual Expenses for 381 Summer Street, Fitchburg MA 01420
Total Gross Expenses (Calculated)$7,414/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7414
Annual Income & Unit Breakdown for 381 Summer Street, Fitchburg MA 01420
Total Gross Income (Calculated)$24,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 381 Summer Street, Fitchburg MA 01420
Listing ID73543685
Property TypeMulti Family / 2 Family
Price675000 ($334.49/SqFt)
Style2 Family - 2 Units Up/down
CityFitchburg
CountyWorcester
Neighborhood(s)
Approximate Living Area Total2018
Approximate Lot Size (Acres)0.23
Total Parking14 (2 Garage)
Garage Parking2
Year Built2015
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningCBD
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 381 Summer Street, Fitchburg MA 01420
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWindow Air Conditioners
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 381 Summer Street, Fitchburg MA 01420
Real Estate Taxes7414
Tax Year2025
Assessed Value$548,800
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 381 Summer Street, Fitchburg MA 01420
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 381 Summer Street, Fitchburg MA 01420