44 Winter St in Fitchburg is an exceptional investment opportunity: a well-maintained, seven-unit asset comprising six one-bedrooms and one two-bedroom, with five units fully renovated. Current ownership has completed an extensive capital improvement program, significantly reducing near-term capital requirements for an incoming investor. Improvements include a 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 work. Most units are individually gas metered, with separation infrastructure in place at the remainder requiring only final connection. In place 120K in income with meaningful upside; two tenancy-at-will units offer immediate opportunity to bring rents to market. Fourteen off-street parking spaces (two per unit) plus a garage provide supplemental income potential.
4,188 Sq Ft
0.5 Private Acres Lot Size
investment
$599 Monthly Tax
Built in 1920
MLS/Listing ID 73511393
5 Stories
7 Units
Public Sewer
Public Water
Hardwood
Stone
Concrete Perimeter
Heating - Natural Gas
Heating - Floor Furnace
Parking - Off Street
Parking - Deeded
Porch
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
Living Room
Rubber
Shingle
Refrigerator
Range
Community - Shopping
Community - Public Transportation
Community - Park
Construction - Frame
Cooling - Window Units
Vinyl
TOTAL MONTHLY COST
$0
$0
$0