Back 748 Water Street
Off Market

748 Water Street

Fitchburg MA 01420

6
3
6
4134 sq. ft.
11156 sq. ft.
Other
Last sold for $575,000
Rebecca KoulalisRebecca Koulalis, last sold this property on 26 February 2026 after 48 days on market.

Overview

Excellent opportunity for investors to acquire a three-family property with strong upside potential in a highly desirable location. Each unit offers a functional layout with two bedrooms, one bathroom, a living room, dining room, and kitchen. The third-floor unit is currently owner-occupied, providing flexibility for repositioning, future rental income, or an owner-occupant strategy. All units are very sunny and bright, creating attractive living spaces for tenants. This property is ideal for an investor looking to gain sweat equity, improve rents over time, and add value through updates. Located close to Route 2, Shopping and the rail trail, the property offers excellent commuter access and long-term rental demand. Property is being sold as is. A compelling value-add multi-family investment opportunity in a sought-after location. Showings only at Open Houses - Saturday 1/10/26 10am-1pm and Sunday 1/11/2026 10am - 1pm. ***Offer Deadline Monday 1/12 5pm***

Features

6 bedrooms
3 bathrooms
6 carspaces
6 open car spaces
4134 sq. ft. floor area
11156 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 6 bedroom other properties sold in Fitchburg over the last 12 months, the estimated median property value of 748 Water Street is $550k.

Median value
$550k
Estimated value range
$150k - $649.9k
Median days on market
24
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Fitchburg. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 748 Water Street

2026
Sold
$575,000
26 Feb 2026 by Rebecca Koulalis, of Redfin Corp.
2020
Sold
$300,000
29 Dec 2020 by Tatiana Rayev, of Harmony Real Estate
2016
Sold
$153,750
27 Jan 2016 by Tony Aponte, of Village Real Estate

Happy sellers in Fitchburg

97%
97% 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 6 reviews in Fitchburg over the last 12 months.

Local market activity for 6 bedroom other properties in Fitchburg

In the last 12 months, 20 six-bedroom other properties similar to 748 Water Street, have been sold.

This represents a 24% increase in six-bedroom other properties sales when compared to the previous 12 months.

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