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Home Massachusetts Fitchburg Multi-Family Homes for Sale

29-31 Prospect St Fitchburg, MA 01420

29-31 Prospect St, Fitchburg, MA
37 Days on Boston Pads
Price Reduced $20,000
0 Photos
$579,900
3 Unit
8 Beds
3 Baths
3258 SQFT
0.34 Acre
29-31 Prospect St
Fitchburg, MA 01420

Property Description

Welcome to 29-31 Prospect Street. Great opportunity to own a solid 3-family. Long term tenants await you in this beautifully architectural home just minutes from Downtown. All units separately metered for gas and electric, tenants pay their own utilities. Ready for new owners to just collect rent. Many of the original beautiful features are still present in the building. 3 fireplaces, high ceilings, wood floors & built-ins! Each unit has a private entrance and covered deck/patio for their enjoyment. 4 separate gas zones and 3 separate 100 amp electrical boxes all new in 2004. Unit 1 & 2 were remodeled before tenants moved in. Big lot with parking area for 6 cars. Walk to the Post Office or Art Museum and just a short distance to Fitchburg State University (1.2 mi). Montachusett train station is located 1.1 mi or Wachusett station at 4.2 miles & close to Rt. 2. BIG demand for quality apartments in Fitchburg, rents are below market. Group showings only Saturdays 12-2pm must have appt.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Total Fireplaces: 3
  • Amenities: Conservation Area, Highway Access, House of Worship, Laundromat, Park, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Dirt Floor, Full
  • Common Heating: Extra Flue, Gas, Geothermal Heat Source, Heat Pump, Individual, Oil

Financial

  • APOD Available: No
  • Gross Operating Income: 52800
  • Net Operating Income: 52800

Utilities

  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Utility Connections: for Electric Dryer, for Electric Range, for Gas Range, Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Hot Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Hot Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Hot Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Shingle, Slate
  • Flooring Type: Hardwood, Laminate
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73219722
  • Last Updated: 05/08/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
05/08/2024Price Change$579,900$178MLSPIN
04/27/2024Active$589,900$181MLSPIN
04/23/2024Price Change$589,900$181MLSPIN
04/07/2024Active$599,900$184MLSPIN
04/03/2024New$599,900$184MLSPIN

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Map & Resources

Seller's Representative: Raquel Franco, Capital Real Estate Group LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-05-08 13:50:00