$760,000
$747,900
1.6%For more information regarding the value of a property, please contact us for a free consultation.
131 Clarendon St Fitchburg, MA 01420
12 Beds
4 Baths
4,892 SqFt
Key Details
Sold Price $760,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,892 sqft
Price per Sqft $155
MLS Listing ID 73497395
Bedrooms 12
Full Baths 4
Year Built 1900
Annual Tax Amount $8,659
Tax Year 2026
Lot Size 4,791 Sqft
Property Sub-Type 4 Family
Property Description
Prime 4-Unit Investment Opportunity – Fitchburg, MADiscover a strong income-producing 4-family in the heart of Fitchburg. Each of the four spacious units offers 3 bedrooms and 1 bathroom, making them highly desirable for today's rental market and ideal for long-term tenants.Value-add potential is a key highlight, with current rents below market, offering the opportunity to increase income and significantly improve overall returns. The property also features one vacant unit, providing flexibility for an owner-occupant or immediate lease-up at market rent.Recent updates completed over the past few years contribute to a well-maintained and modernized property, reducing immediate capital expenditure and enhancing tenant appeal.This is an excellent opportunity for investors seeking strong cash flow, future rent growth, and long-term equity appreciation in a growing market.Don't miss your chance to secure a high-performing multi-family asset with built-in upside
Location
State MA
County Worcester
Zoning NB
Interior
Flooring Wood, Tile
Exterior
Exterior Feature Other
Community Features Public Transportation, Golf, Laundromat, Public School
Utilities Available for Gas Range, for Electric Range
Roof Type Rubber
Building
Story 4
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Acceptable Financing Other (See Remarks)
Listing Terms Other (See Remarks)
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Bought with Yenifer Sifontes • Weichert REALTORS®, Hope & Associates
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