Investors take notice! Don't miss this well-maintained 5-unit multifamily property located in an up-and-coming downtown area with strong rental appeal. Ideally situated within walking distance to markets, restaurants, churches, schools, the library, bus stops, and the commuter rail station, this location offers convenience for tenants. The apartments have been well cared for and are in excellent condition, making this a great addition to any investment portfolio. Each unit features separate utilities, helping to simplify property management and tenant billing. Free street parking available with permit from City Hall once you have lease in hand. Municipal parking is conveniently located nearby. A solid investment opportunity in a growing area! As of 9/25/26 markets rents for Fitchburg are 1 bedroom is $1,419 to $1,625; 2 bedrooms are $1,645 to $2,017; 3 bedrooms are $1,936 to $2,096 per month.
This home has been viewed 45 times
Last Checked: September 26th, 2026 at 8:13am (Source: MLS PIN #73554211)
Gross Income: $39,240
Gross Expenses: $7,948
Net Income Calc: $31,292
Annual Expenses for 18-22 Hartwell Street, Fitchburg MA 01420
Total Gross Expenses (Calculated)$7,948/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7948
Annual Income & Unit Breakdown for 18-22 Hartwell Street, Fitchburg MA 01420
Total Gross Income (Calculated)$39,240
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 18-22 Hartwell Street, Fitchburg MA 01420
Listing ID73554211
Property TypeMulti Family
Price750000 ($126.14/SqFt)
Style5+ Family - 5+ Units Up/down
CityFitchburg
CountyWorcester
Neighborhood(s)
Approximate Living Area Total5946
Approximate Lot Size (Acres)0.08
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Area1408
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningDB
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 18-22 Hartwell Street, Fitchburg MA 01420
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSurveillance Devices
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 18-22 Hartwell Street, Fitchburg MA 01420
Real Estate Taxes7948
Tax Year2025
Assessed Value$588,300
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 18-22 Hartwell Street, Fitchburg MA 01420
Middle SchoolLongsjo
High SchoolFitchburg
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 18-22 Hartwell Street, Fitchburg MA 01420