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123 Myrtle Ave

Fitchburg MA 01420

12
3
6
4144 sq. ft.
5114 sq. ft.
Other
Currently for sale - view listing

Overview

Investor Opportunity! 3-family property in a prime rental location just a short walk to Fitchburg State University. Each spacious unit features 4 bedrooms and is currently leased to college students, generating $2,000 per month per unit ($6,000 monthly gross income) with leases through May 2027. All units have separate utilities, making management more efficient for investors. Conveniently located near the MBTA commuter rail station, MART bus routes, shopping, restaurants, coffee shops, churches, and other local amenities. All units are occupied with leases in place, providing immediate, steady rental income. Whether you're looking to expand your portfolio or make your first investment, this income-producing property is one you won't want to miss! All hot water heaters and heating systems are new.

Features

12 bedrooms
3 bathrooms
6 carspaces
6 open car spaces
4144 sq. ft. floor area
5114 sq. ft. lot size
Other

Property history for 123 Myrtle Ave

2018
Sold
$242,000
09 Feb 2018 by Luis Torres, of REMAX Professional Associates | Auburn
2010
Sold
$88,300
30 Dec 2010 by Christopher Mahoney, of REMAX One Call Realty | Framingham

Happy sellers in Fitchburg

98%
98% of sellers in Fitchburg reported that their sale price either exceeded or met their price expectations.

Fitchburg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Fitchburg over the last 12 months.

Local market activity for 12 bedroom other properties in Fitchburg

In the last 12 months, 5 numeral.12-bedroom other properties similar to 123 Myrtle Ave, have been sold.

This represents a 400% decrease in numeral.12-bedroom other properties sales when compared to the previous 12 months.

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