500 Beech St, Fitchburg, MA 01420

$675,000
9
BD
6
BA
4,211
SqFt

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List Price
$675,000
Status
UNDER AGREEMENT
MLS#
73563587
Year Built
1939
Levels
4
Bedrooms
9
Bathrooms
6
Acres
0.38
Living Area
4,211

Property Description

Excellent Investment Opportunity! Fully occupied 4-family property offering immediate rental income and a desirable unit mix. This well-maintained property features two 3-bedroom, 2-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit, making it attractive to a wide range of tenants. Currently generating $6,400 per month in rental income, with separate utilities for each unit. Situated on a nice level lot with a paved driveway and ample off-street parking. Conveniently located near shopping, schools, parks, public transportation, and major highways, providing easy access for commuters and tenants alike. A solid addition to any investment portfolio with stable occupancy and immediate cash flow. Roof is 3 years old. 4 car garage in back is not part of this property. Rents are below market rents.

Additional Information

Taxes
$7,925
Lot Desc
Level
Lot Size
16,426
Interior Features
Living Room, Kitchen, Laundry Room, Dining Room, Sunroom
Flooring
Varies
Heating
Natural Gas
Cooling System Type
None
Sewer
Public Sewer
Water Source
Public
Appliances
Range
Exterior
Frame
Parking Spaces
4

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Paula Valente from Listing Office: Real Estate Exchange.

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