131 Clarendon St, Fitchburg, MA, 01420
Property Details
12
4
multi family
Description
Multi Family in Fitchburg, MA - Bedrooms: 12 - Bathrooms: 4 - Area: 4892 sqft - Year Built: 1900 - Lot: 4982 sqft
Listing Agent: Tobias Ventura Brokerage: Dreamcatcher Investment Group, Inc.
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
Address
131 Clarendon St, Fitchburg, MA, 01420
City
Fitchburg
Features and Finishes
Bedrooms: 12, Total Rooms: 24, Basement Features: Partial, Finished, Total Bathrooms: 4, Full Bathrooms: 4, Flooring: Wood, Tile, Lot Size Acres: 0.114371, Lot Size Square Feet: 4982, Road Frontage Type: Public, Road Responsibility: Public Maintained Road, Road Surface Type: Paved, Open Parking: Yes, Parking Features: Paved Drive, Off Street, Parking Total: 1, Gross Income: 87000, Number of Units: 4, Community Features: Public Transportation, Golf, Laundromat, Public School, Annual Tax Amount: 8659, Source Listing Status: New, County: Worcester, Directions: Gps, Tax Year: 2026, Source Property Type: Residential Income, Home Warranty: No, Parcel Number: 1505895, Zoning: NB, Property Subtype: 4 Family, Net Operating Income: 87000, Total Square Feet Living: 4892, Year Built: 1900, Above Grade Finished Area: 4892, Building Area Total: 4892, Building Area Units: Square Feet, Construction Materials: Frame, Foundation Details: Concrete Perimeter, Levels: 4, Property Age: 126, Roof: Rubber, Le
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