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141 Mechanic St, Fitchburg MA 01420

$750,000

Estimated $1,934/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $187,500

Total Rent: 41400/year

Estimated CAP Rate:

12 Bedrooms

Baths

4864

Total Parking: 8

6,303 (0.14)

Exceptional income-generating 4 family, all with separate utilities and laundry hookups in each unit. Tenants pay their own heat & electricity. One long term, at-will tenant would love to remain. Current rent below market. Other 3 units will transfer vacant providing flexibility for owner occupancy seeking rental income or ideal for investors. Property consists of 12 bedrooms and 4 bathrooms. Eight parking spaces. Improved front & rear entrances with newer stairways. Each unit has separate entrances. Transfer consists of one unified lot, previously two lots. See both Deeds. If you are looking for strong cash flow, future rent growth, and long-term equity appreciation in a growing market, this is it! Near downtown Fitchburg and Fitchburg State University, public transportation and other local amenities. Don't miss your chance to secure a multi-family asset with the ability to choose your tenants. Open Houses Saturday, July 18, 10 am - 1 pm, and Sunday, July 19, 10 am - 12 noon.

This home has been viewed 2 times

Last Checked: July 16th, 2026 at 7:48pm (Source: MLS PIN #73550857)

Gross Income: $41,400

Gross Expenses: $8,609

Net Income Calc: $32,791

Annual Expenses for 141 Mechanic St, Fitchburg MA 01420

Total Gross Expenses (Calculated)$8,609/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8609

Annual Income & Unit Breakdown for 141 Mechanic St, Fitchburg MA 01420

Total Gross Income (Calculated)$41,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

Lease

Bedrooms4

Bathrooms1 Full

Floor4

Levels in Unit1

Rent IncludesHeat

General Information for 141 Mechanic St, Fitchburg MA 01420

Listing ID73550857

Property TypeMulti Family / 4 Family

Price750000 ($154.19/SqFt)

Style4 Family - 4 Units Up/down

CityFitchburg

CountyWorcester

MLS AreaFitchburg

Neighborhood(s)

Approximate Living Area Total4864

Approximate Lot Size (Acres)0.14

Total Parking8

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRC

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 141 Mechanic St, Fitchburg MA 01420

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

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 141 Mechanic St, Fitchburg MA 01420

Real Estate Taxes8609

Tax Year2026

Assessed Value$729,500

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 141 Mechanic St, Fitchburg MA 01420

Elementary SchoolCrocker Elementary School

Middle SchoolArthur M. Longsjo Middle Schoo

High SchoolFitchburg High

Neighborhood(s)

MLS AreaFitchburg

Area AmenitiesWalk/jog Trails

Contact Information for 141 Mechanic St, Fitchburg MA 01420

Agent

Name: Lisa Scacchi

Office

Name: Keller Williams Realty Metropolitan

Phone: 603-232-8282

Payment Calculator

, Interest

Property Taxes 717.42

Principal & Interest 4621.26

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Metropolitan

Lisa Scacchi

Agent Phone

Office Phone

(603) 232-8282

Text Agent Call Agent Call Office

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    [unparsed] => 141 Mechanic St, Fitchburg MA 01420
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EXIT

39 More Photos

Active

141 Mechanic St, Fitchburg MA 01420

$750,000

Annual Expenses for 141 Mechanic St, Fitchburg MA 01420

Annual Income & Unit Breakdown for 141 Mechanic St, Fitchburg MA 01420

General Information for 141 Mechanic St, Fitchburg MA 01420

Disclosures for 141 Mechanic St, Fitchburg MA 01420

Financial Information for 141 Mechanic St, Fitchburg MA 01420

Location Information for 141 Mechanic St, Fitchburg MA 01420

Contact Information for 141 Mechanic St, Fitchburg MA 01420

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty Metropolitan

Lisa Scacchi