Overview Property Details Payment Calculator Walkability

Active

276 Fairmount St, Fitchburg MA 01420

$649,900

Estimated $1,557.85/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $216,633.33

Total Rent: 67800/year

Estimated CAP Rate: 9.19%

9 Bedrooms

3 Full Baths

3,264 SqFt

Total Parking: 3

3,800 SqFt

Turnkey investment opportunity! Fully rented 3-family ready to generate income from day one. Each unit offers 3 bedrooms, 1 bathroom, separate utilities, and gas-fired forced hot air furnaces. Washer/dryer hook-ups in basement. 3rd floor completely renovated in 2021. All ten...

This home has been viewed 16 times

Last Checked: June 16th, 2025 at 7:38pm (Source: MLS PIN #73373377)

Gross Income: $67,800

Gross Expenses: $8,048

Net Income Calc: $59,752

CAP Rate: 9.19%

Annual Expenses for 276 Fairmount St, Fitchburg MA 01420

Total Gross Expenses (Calculated)$8,048/year

APOD AvailableYes

Heating

Electricity

Water$2,000

Gas$2,000

Insurance

Sewer$2,000

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,048.43

Annual Income & Unit Breakdown for 276 Fairmount St, Fitchburg MA 01420

Total Gross Income (Calculated)$67,800

Unit 1

Rental Income$1,750

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$2,150

LeaseN

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$1,750

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 276 Fairmount St, Fitchburg MA 01420

Listing ID73373377

Property TypeMulti Family / 3 Family

Price$649,900 ($199.11/SqFt)

Style3 Family - 3 Units Up/down

CityFitchburg

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,264 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking3

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRC

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 276 Fairmount St, Fitchburg MA 01420

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$2,000

Total Gross Income By Broker$67,800

Total Net Income By Broker$67,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 276 Fairmount St, Fitchburg MA 01420

Real Estate Taxes$6,048.43

Tax Year2025

Assessed Value$447,700

Financial Data SourceOwner

Total Gross Expenses By Broker$2,000

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$67,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$67,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.19%

Location Information for 276 Fairmount St, Fitchburg MA 01420

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Laundromat, Public Transportation, T-station

Contact Information for 276 Fairmount St, Fitchburg MA 01420

Agent

Name: Natalia Espindola

MLS ID: CN230418

Office ID: NB5311

National Association ID: 454502717

Address: 24208 Carousel Lane

City: Lunenburg

State: MA

Zip: 01462

Office

Name: Invest Realty Group

MLS Office ID: NB5311

Phone: 617-306-0134

Payment Calculator

$4,508.52 per month

30 Years Fixed, 6.75% Interest

Property Taxes $504.04

Principal & Interest $4,004.48

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Invest Realty Group

Natalia Espindola

Agent Phone

Office Phone

(617) 306-0134

Text Agent Call Agent Call Office

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EXIT

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276 Fairmount St, Fitchburg MA 01420

$649,900

Annual Expenses for 276 Fairmount St, Fitchburg MA 01420

Annual Income & Unit Breakdown for 276 Fairmount St, Fitchburg MA 01420

General Information for 276 Fairmount St, Fitchburg MA 01420

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Financial Information for 276 Fairmount St, Fitchburg MA 01420

Location Information for 276 Fairmount St, Fitchburg MA 01420

Contact Information for 276 Fairmount St, Fitchburg MA 01420

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Natalia Espindola