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Jared Scali

jared@classifiedre.com +1(603) 508-2256

$665,000

Est. payment - /mo

8 Beds

3 Baths

2,508 SqFt

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Open House

Sun Sep 13, 12:00pm - 1:00pm

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Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,508 sqft

Price per Sqft $265

MLS Listing ID 73528118

Bedrooms 8

Full Baths 3

Year Built 1905

Annual Tax Amount $5,472

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

FOR SALE | $670,000 | 3-Unit Multi-Family | 40 Edwards St, Fitchburg, three-family asset delivering $5,400 monthly — $64,800 annually — in gross rental income. Extensively capital-improved with new electrical service, sub-metered panels, full plumbing replacement, and updated unit-level electrical throughout. Two renovated units feature granite countertops, modern cabinetry, mini-split HVAC, updated flooring, and stainless steel appliances. Exterior freshly painted. Off-street parking. Owner-paid water. Strong in-place tenancy with immediate cash flow and value-add upside on the third unit. Ideal for the 1031 exchange buyer or portfolio investor seeking a low-maintenance, income-producing asset in a growing Central Massachusetts market. Images used are from before the rental agreements

Location

State MA

County Worcester

Zoning RC

Direction Use GPS

Rooms

Basement Full, Walk-Out Access, Interior Entry, Concrete, Slab

Interior

Interior Features Stone/Granite/Solid Counters, Upgraded Cabinets, Walk-In Closet(s), Bathroom With Tub & Shower, Smart Thermostat, Remodeled, Living Room, Kitchen, Laundry Room

Heating Forced Air, Heat Pump, Electric

Cooling Wall Unit(s), Heat Pump

Flooring Tile, Vinyl, Stone/Ceramic Tile

Appliance Range, Refrigerator

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Exterior Feature Balcony/Deck

Community Features Park

Utilities Available for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit

Roof Type Rubber

Total Parking Spaces 6

Garage No

Building

Lot Description Cleared

Story 3

Foundation Stone, Granite

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

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Listed by Edward Perez

NEARBY SCHOOL & BUSINESS

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Jared Scali

+1(603) 508-2256

Agent License ID: 9584698

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40 Edwards St Fitchburg, MA 01420

Jared Scali

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION