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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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123 Myrtle Ave , Fitchburg, MA 01420
$599,000
Est. Payment: $1,331.11/mo
12 Bed
3 Bath
4144 Sqft
Status: Contingent | Days on site: 38
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H22100 - CN233238
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House Description

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) with leases through May 2027. 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.

Highlights

Listed by Paula Valente , 508-846-5584 Real Estate Exchange , 978-582-4339.

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1910

County

Worcester

Listing ID

73561635

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:3
  • Full Bathrooms:3
Floor:Wood,Vinyl
Water:Public

Exterior Features

Lot:Corner Lot
Garage Capacity:6
Zoning:RC
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 6
Principal Interest
$1,331
Taxes
$518

Home Price

$599,000

Loan Details

30 yrs
%

Down Payment

20%
$119,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,331.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,331.11 $517.75 $0.00 $1,848.86
Yearly $15,973.33 $6,213.00 $0.00 $22,186.33
Total $479,200.00 $186,390.00 $0.00 $665,590.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fitchburg, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.