131 Clarendon Street Fitchburg MA 01420 MLS #73261834

131 Clarendon Street
Fitchburg, MA, 01420
$690,000
12 Beds
4 Baths
4,892 SqFt
0.08 Acres
$690,000
131 Clarendon Street
Fitchburg, MA, 01420
Discover a prime investment opportunity in the heart of Fitchburg with this charming 4-plex. Each of the four spacious apartments features three bedrooms and one bathroom, making them perfect for families or professionals seeking comfortable living spaces. With rents currently below market value, there is significant potential for the new owner to raise rents and enjoy a comfortable, lucrative income stream. The property boasts one vacant unit, providing a unique opportunity for the new owner to move in immediately while the rental income from the other apartments covers the mortgage. Over the past few years, numerous updates have been made to the property, ensuring a modern and well-maintained living environment. Don’t miss out on this exceptional opportunity to own a profitable 4-plex in the vibrant city of Fitchburg. “SOLD AS IS”

Property Details

Price:
$690,000
MLS #:
73261834
Status:
Pending
Beds:
12
Baths:
4
Address:
131 Clarendon Street
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
City:
Fitchburg
Listed Date:
Jul 9, 2024
State:
MA
Finished Sq Ft:
4,892
Total Sq Ft:
4,892
ZIP:
01420
Lot Size:
3,502 sqft / 0.08 acres (approx)
Year Built:
1900
Units:
4

Schools

Interior

Bathrooms
4 Full Bathrooms
Fireplaces Total
1

Exterior

Construction Materials
Frame
Parking Features
Paved Drive, Off Street
Parking Spots
1
Roof
Rubber

Financial

Net Operating Income
$55,200
Tax Year
2024
Taxes
$8,658
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby

131 Clarendon Street
Fitchburg, MA