Price Reduced 5.45%
Listing courtesy of Hollie Strandson, Five North Realty Group, Inc. Phone: 603-722-6431
Price History
$1,375,000
5/11/2024
$1,300,000
7/22/2024
773 779 Main Street, Fitchburg, MA, 01420
0 beds
8 Full baths
1890
Multi-Family
8,500 sqft
Gross Rental Income $148,800 as of Nov. 1st!!! CAP RATE 8.01!!! GROUP SHOWING 10/4/2024 @ 11AM! Fantastic Opportunity to own a fully rented, 10 unit, MIXED USE building across the street from the beautiful, brand new City Hall and next door to the soon to be opening Fitchburg State Theatre! This building has 2 ground level commercial units and 8 residential units of which 4 have been renovated with fresh paint, new cabinetry, LVT flooring, and quartz countertops! All residential units are renting for $1200+/mth and commercial units are at $1000+/mth. All utilities are separated. One of the commercial units has been updated with fresh paint and LVT flooring. Room for expansion in the basement to add coin-op laundry! The rental market is hot! Consider adding this fantastic building to your portfolio!!! Group showings available! Photos of all units available upon request
Status:
Active
Type:
Multi-family
Units:
10
Zoning:
Downtown Fitchburg, DB
Heating:
Forced Air
Cooling:
None
Basement:
Full, Stairs - Interior, Walkout
Parking:
Off Street
Acreage:
0.1
Est. Taxes:
$11,395
Lot Description:
City Lot
MLS #:
4995161