Sold
Property Description
OPEN HOUSE SUN. AUG. 8, 2021 FROM 1 TO 3 P.M. WOW!!!! THIS 4 unit HAS A GROSS ANNUAL INCOME OF OVER $50,000 with a cap rate that exceeds 8%!!! Existing tenants offer a 30-year combined tenancy that provides stability while also allowing for additional growth. All units are tenancy at will with separate gas and electric utilities. Two of the units have a lead compliance certificate in hand. The location is perfect to capture commuters on the train, college students attending FSU, or people working downtown. All are within walking distance! Plenty of stores, restaurants, and entertainment close by including parks and the YMCA. Don’t miss this opportunity to be located in the heart of lots of new development in this great city!
Location
MA
Worcester
Fitchburg
Fitchburg
01420
14
Myrtle Ave
Right on Bemis Rd. Left Summer St. left to Main, Rt at dunkins, rt at college, rt onto Myrtle
W72° 12′ 35”
N42° 34′ 55.7”
14 Myrtle Ave, Fitchburg MA 01420
14
School Information
Crocker
Memorial
Fitchburg
Community Information
: Public Transportation, Shopping, Park, House Of Worship, Public School, T-station, University, Private School, Laundromat
1
Additional Information
Y
Unknown
Unit 2 Fridge Belongs To Tenant. One Water Heater Is Being Rented From Unitil.
Systems and Appliances
: Gas), Unit 1(gas), Unit 2(gas, Unit 3(hot Water Baseboard, Unit 4(gas, Radiant)
: For Electric Range, Washer Hookup, Varies Per Unit
: Gas Water Heater, Utility Connections For Electric Range, Electric Water Heater, Utility Connections Varies Per Unit
: 100 Amp Service, Circuit Breakers
$347
: Washer Hookup, Unit 1(washer Hookup, Dryer Hookup)
: Public Sewer
Home owner association information
4
Zoning/Tax Information
$8,721
2021
CBD
179
10058
$458,300
Building Information
$50,280
4,200 Sqft
Public Records
: Public
7
: Public
No
Paved
No
: Insulated Windows
No
Living Space
$12,661
Features
: Full, Walk-out Access, Interior Entry
: City
: Deck – Roof
: 8
: Paved Drive, Off Street, Paved, Stone/gravel
No
: Varies Per Unit, Wall To Wall Carpet
: Unit 1 Rooms(living Room, Kitchen), Unit 2 Rooms(living Room, Unit 3 Rooms(living Room, Unit 4 Rooms(living Room
: Gentle Sloping, Easements
: Shingle
Listing Agent/Office
LAER Realty Partners
Michele Mathieu
AN1929
CN217300
639
14 Myrtle Ave, Fitchburg MA 01420 – 4 Family For Sale
14 Myrtle Ave, Fitchburg, Massachusetts 01420
10 Bedrooms
4 Full Bathrooms
4,200 Sqft
$449,000
Listing ID #72877549
Basic Details
Sold Price : $480,000
Price : $449,000
Original List Price : $449,000
Property Type : 4 Family
Listing Type : For Sale
Buyer Agency Compensation : 2
Listing ID : 72877549
Listing Category : Multi-family
Listing Status : Sold
Listing Sub-Status : Sold
Days on Market : 324
Bedrooms : 10
Total Bathrooms : 4
Full Bathrooms : 4
Total Rooms : 18
Living Area : 4,200 Sqft
Year Built : 1900
Lot Size : 3,911 Sqft
Lot Size (Acres) : 0.09
Neighborhood : Fitchburg
Rent Includes : Unit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
List Date : 08/06/2021 08:02 AM
PurchaseContractDate : 08/09/2021
Off Market Date : 08/24/2021
CloseDate : 09/30/2021
Last Status updated: : 10/01/2021 10:22 PM
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Agent info
Douglas Elliman
20 Park Plaza, Boston MA
Contact Agent