8-10 Prescott Fitchburg MA 01420 MLS #73294376

8-10 Prescott
Fitchburg, MA, 01420
$590,000
8 Beds
3 Baths
3,157 SqFt
0.06 Acres
$590,000
8-10 Prescott
Fitchburg, MA, 01420
Open House Nov 23, 2024
12:00 – 01:30
Fantastic investment opportunity or ideal for owner-occupancy in the heart of Fitchburg! This recently renovated 3-family home blends modern upgrades with incredible future potential. The property boasts spacious living areas and a large basement with the potential for conversion into a 4th unit, offering added value for investors. Exterior features include charming porches, well-maintained gutters, and a newly paved driveway completed in September 2024, enhancing both curb appeal and functionality. The 2nd and 3rd units are tenant-at-will, providing flexibility for additional rental income or personal use, while the 1st unit is currently occupied by the owner, making it perfect for those looking to live on-site while earning rental income. Whether you’re seeking a lucrative investment or a multi-generational living arrangement, this property is full of possibilities. Seize this rare opportunity to own a beautifully updated and versatile multi-family home in Fitchburg!

Property Details

Price:
$590,000
MLS #:
73294376
Status:
Active
Beds:
8
Baths:
3
Address:
8-10 Prescott
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Fitchburg
Listed Date:
Sep 25, 2024
State:
MA
Finished Sq Ft:
3,157
Total Sq Ft:
3,157
ZIP:
01420
Lot Size:
2,518 sqft / 0.06 acres (approx)
Year Built:
1920
Units:
3

Schools

Interior

Appliances
Oven, Refrigerator
Bathrooms
3 Full Bathrooms
Flooring
Carpet, Laminate

Exterior

Community Features
Public Transportation, Park, Walk/ Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Public School, T- Station, University
Exterior Features
Balcony/ Deck, Rain Gutters
Parking Features
Paved Drive, Paved
Parking Spots
3
Roof
Shingle

Financial

Net Operating Income
$36,000
Tax Year
2024
Taxes
$5,865
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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…

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