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70 Myrtle Ave

Fitchburg MA 01420

8
4
6
4404 sq. ft.
3759 sq. ft.
Other
Currently for sale - view listing

Overview

Opportunity to generate over $7,000 in monthly rental income, far exceeding the 1% rule! TWO UNITS WILL BE DELIVERED VACANT, creating an immediate opportunity for an owner-occupant or investor to take advantage of current market rents. Located in the heart of Fitchburg near downtown, Fitchburg State University, the commuter rail, and everyday conveniences, this expansive 4-family offers serious income potential. The property features separate utilities throughout, including in-unit gas furnaces, individual water heaters, four 100-amp electrical panels plus a separate landlord panel, and coin-op laundry available for tenant use. All units are lead compliant. The attached garage offers approximately 432 sq. ft. and may provide future ADU potential, subject to buyer due diligence and necessary approvals. With five off-street parking spaces, strong rental potential, and two vacant units ready for immediate occupancy or lease-up, this is a great opportunity to house hack or add a high-income multifamily property to your portfolio.

Features

8 bedrooms
4 bathrooms
6 carspaces
5 open car spaces
1 garage space
4404 sq. ft. floor area
3759 sq. ft. lot size
Other

Property history for 70 Myrtle Ave

2010
Sold
$60,000
07 Sep 2010 by Linda Hale, of ERA Key Realty Services - Auburn
2005
Sold
$289,900
09 Aug 2005 by T. Jay Johnson, of RE/MAX Property Promotions
2005
Sold
$249,900
28 Feb 2005 by Paul McNamara, of Foster-Healey Real Estate

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 7 reviews in Fitchburg over the last 12 months.

Local market activity for 8 bedroom other properties in Fitchburg

In the last 12 months, 12 eight-bedroom other properties similar to 70 Myrtle Ave, have been sold.

This represents a 37% increase in eight-bedroom other properties sales when compared to the previous 12 months.

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