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123 Myrtle Ave, Fitchburg MA 01420

$619,000

Estimated $1,521/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $206,333.33

Total Rent: 72000/year

Estimated CAP Rate:

12 Bedrooms

Baths

4144

Total Parking: 6

5,114 (0.12)

Investor Opportunity! 3-family property in a prime rental location just a short walk to Fitchburg State University. Each spacious unit features 4 bedrooms and is currently leased to college students, generating $2,000 per month per unit ($6,000 monthly gross income). All units have separate utilities, making management more efficient for investors. Conveniently located near the MBTA commuter rail station, MART bus routes, shopping, restaurants, coffee shops, churches, and other local amenities. All units are occupied with leases in place, providing immediate, steady rental income. Whether you're looking to expand your portfolio or make your first investment, this income-producing property is one you won't want to miss! All hot water heaters and heating systems are new.

This home has been viewed 6 times

Last Checked: September 14th, 2026 at 1:58am (Source: MLS PIN #73561635)

Gross Income: $72,000

Gross Expenses: $6,213

Net Income Calc: $65,787

Water Views

Annual Expenses for 123 Myrtle Ave, Fitchburg MA 01420

Total Gross Expenses (Calculated)$6,213/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6213

Annual Income & Unit Breakdown for 123 Myrtle Ave, Fitchburg MA 01420

Total Gross Income (Calculated)$72,000

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 123 Myrtle Ave, Fitchburg MA 01420

Listing ID73561635

Property TypeMulti Family / 3 Family

Price619000 ($149.37/SqFt)

Style3 Family

CityFitchburg

CountyWorcester

Neighborhood(s)

Approximate Living Area Total4144

Approximate Lot Size (Acres)0.12

Total Parking6

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRC

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 123 Myrtle Ave, Fitchburg MA 01420

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

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 123 Myrtle Ave, Fitchburg MA 01420

Real Estate Taxes6213

Tax Year2025

Assessed Value$459,900

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 123 Myrtle Ave, Fitchburg MA 01420

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 123 Myrtle Ave, Fitchburg MA 01420

Agent

Name: Paula Valente

Office

Name: Real Estate Exchange

Phone: 978-582-4339

Payment Calculator

, Interest

Property Taxes 517.75

Principal & Interest 3814.08

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Real Estate Exchange

Paula Valente

Agent Phone

Office Phone

(978) 582-4339

Text Agent Call Agent Call Office

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EXIT

39 More Photos

Active

123 Myrtle Ave, Fitchburg MA 01420

$619,000

Annual Expenses for 123 Myrtle Ave, Fitchburg MA 01420

Annual Income & Unit Breakdown for 123 Myrtle Ave, Fitchburg MA 01420

General Information for 123 Myrtle Ave, Fitchburg MA 01420

Disclosures for 123 Myrtle Ave, Fitchburg MA 01420

Financial Information for 123 Myrtle Ave, Fitchburg MA 01420

Location Information for 123 Myrtle Ave, Fitchburg MA 01420

Contact Information for 123 Myrtle Ave, Fitchburg MA 01420

Agent

Office

Payment Calculator

Exclusive Listing Agent

Real Estate Exchange

Paula Valente