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Active Under Contract

70 Edwards St, Fitchburg MA 01420

$515,000

Estimated $1,351.49/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $171,666.67

Total Rent: 50400/year

Estimated CAP Rate: 8.58%

7 Bedrooms

4 Full Baths

3,120 SqFt

Total Parking: 4

7,492 SqFt

MULTIPLE OFFER SITUATION. OFFER DEADLINE MONDAY 4/21 @ 5PM! Don’t miss this well-maintained triple-decker offering strong rental potential and owner-occupant appeal. Unit 1 is a spacious 3-bed, 2-bath that has just been fully remodeled with a brand new kitchen, refinished floors, and fresh paint—move-in ready for an owner or a high-quality rental. Unit 2 is a 1-bed, 1-bath with a reliable long-term tenant. Unit 3 features 3 beds and 1 bath. Rents are likely below market, offering excellent upside. Additional highlights include paved off-street parking, a large backyard, and a new roof installed in 2021. Conveniently located near downtown Fitchburg, schools, and public transit. A great addition to any portfolio or a chance to live in one unit and let the others pay your mortgage! Showings are only available during the open house. You will be able to see Unit 1 at that time. Units 2 and 3 can be viewed only after you have submitted an offer. Please text the listing agent with questions.

This home has been viewed 24 times

Last Checked: April 24th, 2025 at 4:23am (Source: MLS PIN #73359711)

Gross Income: $50,400

Gross Expenses: $6,197

Net Income Calc: $44,203

CAP Rate: 8.58%

Annual Expenses for 70 Edwards St, Fitchburg MA 01420

Total Gross Expenses (Calculated)$6,197/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,197

Annual Income & Unit Breakdown for 70 Edwards St, Fitchburg MA 01420

Total Gross Income (Calculated)$50,400

Unit 1

Rental Income$1,600

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingYes

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

Unit 2

Rental Income$1,100

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

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

Unit 3

Rental Income$1,500

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

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

General Information for 70 Edwards St, Fitchburg MA 01420

Listing ID73359711

Property TypeMulti Family / 3 Family

Price$515,000 ($165.06/SqFt)

Style3 Family

CityFitchburg

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,120 SqFt

Approximate Lot Size (Acres)0.17 acres

Total Parking4

Garage Parking

Year Built1915

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningRC

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 70 Edwards St, Fitchburg MA 01420

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$50,400

Total Net Income By Broker$50,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 70 Edwards St, Fitchburg MA 01420

Real Estate Taxes$6,197

Tax Year2025

Assessed Value$458,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$50,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$50,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.58%

Location Information for 70 Edwards St, Fitchburg MA 01420

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 70 Edwards St, Fitchburg MA 01420

Agent

Name: Lisa Pantuso

MLS ID: CN208102

Office ID: AN7688

National Association ID: 456014225

Address: 40 Georgia Avenue

City: Lowell

State: MA

Zip: 01851

Office

Name: Century 21 Your Way

MLS Office ID: AN7688

Phone: 978-710-7490

Payment Calculator

, Interest

Property Taxes 516.42

Principal & Interest 3173.27

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Your Way

Lisa Pantuso

Agent Phone

Office Phone

(978) 710-7490

Text Agent Call Agent Call Office

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EXIT

Active Under Contract

70 Edwards St, Fitchburg MA 01420

$515,000

Annual Expenses for 70 Edwards St, Fitchburg MA 01420

Annual Income & Unit Breakdown for 70 Edwards St, Fitchburg MA 01420

General Information for 70 Edwards St, Fitchburg MA 01420

Disclosures for 70 Edwards St, Fitchburg MA 01420

Financial Information for 70 Edwards St, Fitchburg MA 01420

Location Information for 70 Edwards St, Fitchburg MA 01420

Contact Information for 70 Edwards St, Fitchburg MA 01420

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Century 21 Your Way

Lisa Pantuso