Fantastic investment opportunity in Fitchburg's "Opportunity Zone," offering valuable tax incentives for investors. Currently generating over $8K/month in rent with substantial room for growth due to under-market rents. With minor updates, 2-bedroom units can be converted into 3-bedroom units, increasing potential income to (6) 3-bedroom units. Recent upgrades over the past 8 years include remodeled kitchens and bathrooms, new flooring, electrical panels, and added insulation throughout. The property features separate utilities, including 6 gas boilers and 6 – 60 amp electric panels. 2 top Units has been remodeles within the last 3 years and has beautiful kitchen with quartz countertops and SS appliances. Come and make this property your next solid and profitable investment.
6,804 Sq Ft
0.29 Private Acres Exterior Space
Investment
$9,322 Annual Tax
Built in 1920
MLS/Listing ID 73358335
9 Stories
6 Units
Community - Park
Community - Walk/Jog Trails
Community - Laundromat
Community - Bike Path
Community - Public School
Community - University
Construction - Frame
Screens
Deck - Wood
Parking - Off Street
Parking - Paved
Living Room
Upgraded Cabinets
Pantry
Ceiling Fans
Community - Shopping
Community - Public Transportation
Refrigerator
Disposal
Range
Stone
Carpet
Natural Wood
Hardwood
Rain Gutters
Balcony
Balcony - Deck
Upgraded Countertops
Bathroom with Tub and Shower
Listing Courtesy of CENTURY 21 NORTH EAST, MG GROUP
Source of Data: MLS PROPERTY INFORMATION NETWORK