This well-maintained three-family property offers strong investment fundamentals with tenants paying all utilities, helping keep operating expenses low. Recent capital improvements include an updated electrical service and newer water heaters, providing peace of mind for the next owner.Situated on a generous corner lot, the property also includes the adjacent lot, offering additional outdoor space and potential future possibilities (buyers to perform their own due diligence regarding permitted uses). Off-street parking, a large yard, and a desirable layout further enhance tenant appeal.Conveniently located near downtown Fitchburg, Route 2, the MBTA Commuter Rail, shopping, restaurants, schools, and local employers, this property is well-positioned to attract and retain tenants.
This home has been viewed 9 times
Last Checked: July 26th, 2026 at 4:54am (Source: MLS PIN #73544910)
Gross Income: $70,200
Gross Expenses: $4,481
Net Income Calc: $65,719
Annual Expenses for 21 Winthrop St, Fitchburg MA 01420
Total Gross Expenses (Calculated)$4,481/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4481
Annual Income & Unit Breakdown for 21 Winthrop St, Fitchburg MA 01420
Total Gross Income (Calculated)$70,200
Unit 1
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 21 Winthrop St, Fitchburg MA 01420
Listing ID73544910
Property TypeMulti Family / 3 Family
Price675000 ($232.92/SqFt)
Style3 Family
CityFitchburg
CountyWorcester
Neighborhood(s)
Approximate Living Area Total2898
Approximate Lot Size (Acres)0.12
Total Parking3
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Area0
Foundation Description
Accessible Features
Outdoor Space
ZoningRC
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 21 Winthrop St, Fitchburg MA 01420
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher / Dryer
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 21 Winthrop St, Fitchburg MA 01420
Real Estate Taxes4481
Tax Year2025
Assessed Value$331,700
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 21 Winthrop St, Fitchburg MA 01420
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 21 Winthrop St, Fitchburg MA 01420