7.10% CAP IN PLACE | ~8.00% PRO FORMA. Seven units, 100% occupied, no capital work needed.44 Winter Street delivers what most Fitchburg multifamily can't: current income at a 7.10% cap with no deferred maintenance waiting on the other side of closing. The property has been systematically reinvested in, and an incoming buyer inherits the benefit. Completed capital improvements include full electrical upgrade with individual panels and meters, heating system replacements in most units, a renovated laundry room, new garage roof and door, upgraded exterior egress and emergency lighting, and comprehensive landscaping. Most units are individually gas metered, with separation infrastructure already in place at the remainder requiring only final connection. Unit mix is six one-bedrooms and one two-bedroom. Five are fully renovated; the remaining two are in strong condition. In-place gross income is $121,200. Two units are tenant-at-will, giving a new owner the ability to take rents to market immediately rather than waiting on lease expirations. Fourteen off-street parking spaces, two per unit, on a large lot, plus a garage available for supplemental income. Parking at that ratio is genuinely scarce in this submarket and it shows up in both tenant retention and rent achievability. Turnkey and priced for an investor who wants an excellent addition to their portfolio.
4,188 Sq Ft
0.5 Acres privados Tamaño del lote
inversión
599 US$ Impuesto mensual
Creado en 1920
MLS/ID del anuncio 73511393
5 Historias
7 Unidades
Public Sewer
Public Water
Madera dura
Stone
Perímetro de concreto.
Heating - Natural Gas
Heating - Floor Furnace
Parking - Off Street
Parking - Deeded
Porche
Community - Bike Path
Community - Conservation Area
Community - Highway Access
Community - House of Worship
Community - Laundromat
Community - Medical Facility
Community - Public School
Community - T-Station
Community - University
Community - Walk/Jog Trails
Sala de estar
Goma
Shingle
Refrigerador
Gama
Community - Shopping
Community - Public Transportation
Community - Park
Construction - Frame
Cooling - Window Units
Vinilo
COSTO MENSUAL TOTAL
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