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
Balcony - Deck
Balcony
Rain Gutters
Hardwood
Natural Wood
Carpet
Stone
Range
Disposal
Refrigerator
Community - Public Transportation
Community - Shopping
Ceiling Fans
Pantry
Upgraded Cabinets
Bathroom with Tub and Shower
Upgraded Countertops
Living Room
Parking - Paved
Parking - Off Street
Deck - Wood
Screens
Source of Data: MLS PROPERTY INFORMATION NETWORK