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    465-473 Water St

    Fitchburg, MA 01420
    • $699,000
    • STATUS: Contingent
    • MLS #: 72808439
    Under Contract
    UPDATED: 65 min ago
    $699,000
    • 15
      BEDS
    • 0.14
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 6,047
      SQFT
    • $116
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Information

    Middle School:
    Listing courtesy of Arif Askerov of Homes-R-Us Realty Of Ma, Inc..

    Description

    This is a fully occupied 6-family property and it is a unique investment opportunity for investors/landlords. It boasts six units with a total of 13 rooms. Five units are 2 bedroom units while the 6th unit is a multi-floor 3-bedroom unit. All units are currently occupied with 5 leases in place and 1 unit is a TAW. All units have their own water tank in the basement and all water tanks are NEW - installed in 2020. All units have newly installed baseboard heaters in every room and primary gas heaters in the living room, with an updated electrical box outside. Each unit has 2 parking spaces in the back for a total of 12 spaces. All units are separated and pay their own utilities. This is once in a lifetime opportunity to own +cash flow property from day one. Come see this property. All offers are due by Monday, April 12 at 6 PM. ** Buyers/Agents must observe COVID-19 safe protocol.**

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-04-18T23:06:55.97.
    www.trustrealtyone.com/homes/115761159
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    465-473 Water St Fitchburg, MA 01420

    • Price: $699,000
    • Status: Contingent
    • Updated: 65 min ago
    • MLS #: 72808439
    15
    Beds
    6
    Baths
    0
    ½ Baths
    0.14
    Acres
    6,047
    SQFT
    $116
    $/SQFT
    1900
    Built
    Neighborhood:
    Other
    County:
    Worcester
    Area:
    Other
    Middle School:
    01420
    Property Description
    This is a fully occupied 6-family property and it is a unique investment opportunity for investors/landlords. It boasts six units with a total of 13 rooms. Five units are 2 bedroom units while the 6th unit is a multi-floor 3-bedroom unit. All units are currently occupied with 5 leases in place and 1 unit is a TAW. All units have their own water tank in the basement and all water tanks are NEW - installed in 2020. All units have newly installed baseboard heaters in every room and primary gas heaters in the living room, with an updated electrical box outside. Each unit has 2 parking spaces in the back for a total of 12 spaces. All units are separated and pay their own utilities. This is once in a lifetime opportunity to own +cash flow property from day one. Come see this property. All offers are due by Monday, April 12 at 6 PM. ** Buyers/Agents must observe COVID-19 safe protocol.**
    Exterior Features

    Beachfront No Construction Frame Exterior Vinyl Foundation Fieldstone Lot Description CornerPaved Drive Parking Features Off-Street Parking Spaces 12 Road Type Paved Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No

    Interior Features

    Appliances Unit1 RangeRefrigerator Appliances Unit2 RangeRefrigerator Appliances Unit3 RangeRefrigerator Appliances Unit4 RangeRefrigerator Basement Yes Basement Features Full Bedrooms Unit1 3 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Floors Unit4 2 Full Baths Unit1 3 Full Baths Unit2 2 Full Baths Unit3 2 Full Baths Unit4 2 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heating Common Gas Heating Unit1 GasSpace Heater Heating Unit2 GasSpace Heater Heating Unit3 GasSpace Heater Heating Unit4 GasSpace Heater Hot Water Natural Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 30 Rooms Unit1 6 Rooms Unit2 6 Rooms Unit3 6 Rooms Unit4 6

    Property Features

    Adult Community No Amenities Public TransportationShoppingLaundromatHighway AccessPublic School Apod Available Yes Assessments 357700.00 Contingency Type Financing Disclosure No Electric Features 110 VoltsCircuit BreakersIndividually Metered Expenses Source Owner Provided Expenses Year End 12/21 Gross Operating Income 80400 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lease Unit4 Y Lender Owned No Multifamily Type 5+ Family - 5+ Units Side By Side Net Operating Income 60386 Rent Unit1 1100 Rent Unit2 1250 Rent Unit3 1250 Rent Unit4 1050 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2021 Taxes 6807.00 UFFI Unknown Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Cbd

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Arif Askerov of Homes-R-Us Realty Of Ma, Inc..


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-04-18T23:06:55.97.
     
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    Listing courtesy of Arif Askerov of Homes-R-Us Realty Of Ma, Inc..