$ 1,300,000
105 Blossom St Fitchburg, MA 01420
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$ 1,300,000
Est. payment /mo
Pending
105 Blossom St Fitchburg, MA 01420
27 Beds
7 Baths
10,631 SqFt
UPDATED:
08/22/2024 06:25 PM
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Pending
Purchase Type For Sale
Square Footage 10,631 sqft
Price per Sqft $122
MLS Listing ID 73276598
Bedrooms 27
Full Baths 7
Year Built 1900
Annual Tax Amount $10,391
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Description
This well-maintained 7-unit property consists of six 4-bedroom/1-bathroom and one 3-bedroom/1-bathroom units, totaling 10,631 sq ft of living space. Each unit is separately metered for heat, hot water, and electricity. The water & sewer is sub-metered. Six (6) of the seven (7) units reimburse the landlord for usage. Additionally, the electrical systems were fully updated in 2023. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of $12,953 monthly. Centrally located 0.3-miles from the Fitchburg Train Station (Intermodal Train Station) and 0.4-miles from Fitchburg State University plus a short walk from downtown amenities. Listed at an 8.92 cap rate, this property represents a valuable investment in a growing Fitchburg market.
Location
State MA
County Worcester
Zoning RC
Direction Use GPS
Exterior
Community Features Public Transportation, University
Waterfront false
View Y/N Yes
View City
Roof Type Rubber
Total Parking Spaces 10
Garage No
Building
Lot Description Corner Lot, Gentle Sloping
Story 9
Foundation Stone
Sewer Public Sewer
Water Public, Individual Meter
Others
Senior Community false
Listed by Horvath & Tremblay