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Adam Dow

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

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500 Beech St , Fitchburg, MA 01420
$675,000
Est. Payment: $1,500.00/mo
9 Bed
6 Bath
4211 Sqft
Status: Under Agreement | Days on site: 29
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H22100 - CN233238
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House Description

Excellent Investment Opportunity! Fully occupied 4-family property offering immediate rental income and a desirable unit mix. This well-maintained property features two 3-bedroom, 2-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit, making it attractive to a wide range of tenants. Currently generating $6,400 per month in rental income, with separate utilities for each unit. Situated on a nice level lot with a paved driveway and ample off-street parking. Conveniently located near shopping, schools, parks, public transportation, and major highways, providing easy access for commuters and tenants alike. A solid addition to any investment portfolio with stable occupancy and immediate cash flow. Roof is 3 years old. 4 car garage in back is not part of this property. Rents are below market rents.

Highlights

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

Property Type

Multi-Family

Lot/Acreage
0.38

Year Built

1939

County

Worcester

Listing ID

73563587

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:6
  • Full Bathrooms:6
Appliances:Range
Floor:Varies
Other:
  • Additional:Living Room, Kitchen, Laundry Room, Dining Room, Sunroom
Water:Public

Exterior Features

Lot:Level
Garage Capacity:4
Zoning:RA
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 4
Principal Interest
$1,500
Taxes
$660

Home Price

$675,000

Loan Details

30 yrs
%

Down Payment

20%
$135,000
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Monthly Price:
$1,500.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,500.00 $660.42 $0.00 $2,160.42
Yearly $18,000.00 $7,925.00 $0.00 $25,925.00
Total $540,000.00 $237,750.00 $0.00 $777,750.00

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.