Address
29-31 Prospect St, Fitchburg, MA
Price
$ 589,900
Property Attributes
  • MLS#73219722
  • TypeMulti-Family
  • CountyWORCESTER
  • CityFitchburg
  • Zip01420
  • Style3 Family
  • Year Built1900
  • Taxes$ 6368
  • Price$ 589,900
  • Bedrooms8
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3258
  • Lot Size0.34 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Welcome to 29-31 Prospect Street. Great opportunity to own a solid 3-family. Long term tenants await you in this beautifully architectural home just minutes from Downtown. All units separately metered for gas and electric, tenants pay their own utilities. Ready for new owners to just collect rent. Many of the original beautiful features are still present in the building. 3 fireplaces, high ceilings, wood floors & built-ins! Each unit has a private entrance and covered deck/patio for their enjoyment. 4 separate gas zones and 3 separate 100 amp electrical boxes all new in 2004. Unit 1 & 2 were remodeled before tenants moved in. Big lot with parking area for 6 cars. Walk to the Post Office or Art Museum and just a short distance to Fitchburg State University (1.2 mi). Montachusett train station is located 1.1 mi or Wachusett station at 4.2 miles & close to Rt. 2. BIG demand for quality apartments in Fitchburg, rents are below market. First showing at Open House, Sat, April 6th 1130-1pm.

Price History
4/4/2024 Listed $599,900
4/23/2024 2% - $589,900

General Features

Sewer Public Sewer
Heating Natural Gas,Individual
Utilities for Gas Range,for Electric Range,for Electric Dryer,Varies per Unit
Roof Slate
Exterior Features Balcony
Zoning RB
Patio/Porch Features Deck - Roof,Patio,Covered
Construction Materials Frame
Year Built 1900
Electric Circuit Breakers,Individually Metered
Property SubType 3 Family
Tax Year 2024
Gross Income 52800
Community Features Public Transportation,Shopping,Tennis Court(s),Park,Walk/Jog Trails,Laundromat,Conservation Area,Highway Access,House of Worship,Public School,T-Station,University
County Worcester
Net Operating Income 52800
Property Type Residential Income
Garage Y/N No
Rent Includes Unit 1(Hot Water),Unit 2(Hot Water),Unit 3(Hot Water)
Total Rooms 16
Status Active
Directions Main to Prospect
City Fitchburg
Senior Community Y/N No
Total Units 3
Lot Size Square Feet 14989
Waterfront Y/N No
Street Name Prospect St
Year Built Details Actual
Tax Annual Amount 6368
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Appraiser
Tax Assessed Value 430000
Total Actual Rent 4400
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Dirt Floor
Flooring Varies,Laminate,Hardwood
Total Fireplaces 3
Total Stories 6
Heating Y/N Yes
Fireplace Y/N Yes
Full Baths 3
Laundry Features Electric Dryer Hookup
Total Bedrooms 8
Total Baths 3

Exterior Features

Parking Features Paved Drive,Off Street
Water Source Public
Total Parking 6
Lot Size Area 0.34
Foundation Details Granite
Spa No
Building Area Total 3258
Lot Size Acres 0.34
Lot Size Units Acres
Road Frontage Type Public
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 01420

Price
AVG $640K
$590K
Taxes
AVG $6,131
$6,368
Visits
AVG 153
100
Data Provided by Inside Real Estate®
Year Built
AVG 1904
1900

Areas We Cover