Exceptional Investment Opportunity in Fitchburg, MA – Well-Maintained 3-Family with Strong Rental History! Don't miss your chance to own this well-maintained 3-family property in the heart of Fitchburg, one of Central Massachusetts' fastest-growing communities. Whether you're looking to expand your investment portfolio or begin building long-term wealth through real estate, this income-producing multi-family home offers the perfect combination of stability, location, and future potential.This property has a proven rental history with consistent occupancy and has been thoughtfully maintained over the years, providing peace of mind for both seasoned and first-time investors. Spacious units, dependable rental income, and pride of ownership make this a standout opportunity. Ideally situated just minutes from shopping, restaurants, public transportation, commuter routes, schools, parks, and medical facilities.
This home has been viewed 11 times
Last Checked: July 26th, 2026 at 7:08am (Source: MLS PIN #73551957)
Gross Income: $36,900
Gross Expenses: $6,220
Net Income Calc: $30,680
Water Views
Annual Expenses for 142 Madison St, Fitchburg MA 01420
Total Gross Expenses (Calculated)$6,220/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6220
Annual Income & Unit Breakdown for 142 Madison St, Fitchburg MA 01420
Total Gross Income (Calculated)$36,900
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 142 Madison St, Fitchburg MA 01420
Listing ID73551957
Property TypeMulti Family / 3 Family
Price620000 ($172.65/SqFt)
Style3 Family
CityFitchburg
CountyWorcester
MLS AreaFitchburg
Neighborhood(s)
Approximate Living Area Total3591
Approximate Lot Size (Acres)0.16
Total Parking8
Garage Parking0
Year Built1920
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 ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 142 Madison St, Fitchburg MA 01420
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsElectric Fireplace
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 142 Madison St, Fitchburg MA 01420
Real Estate Taxes6220
Tax Year2025
Assessed Value$460,400
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 142 Madison St, Fitchburg MA 01420
Neighborhood(s)
MLS AreaFitchburg
Area AmenitiesWalk/jog Trails
Contact Information for 142 Madison St, Fitchburg MA 01420