Gross Rental Income $148,800 as of Nov. 1st!!! CAP RATE 8.01!!! GROUP SHOWING 10/4/2024 @ 11AM! Fantastic Opportunity to own a fully rented, 10 unit, MIXED USE building across the street from the beautiful, brand new City Hall and next door to the soon to be opening Fitchburg State Theatre! This building has 2 ground level commercial units and 8 residential units of which 4 have been renovated with fresh paint, new cabinetry, LVT flooring, and quartz countertops! All residential units are renting for $1200+/mth and commercial units are at $1000+/mth. All utilities are separated. One of the commercial units has been updated with fresh paint and LVT flooring. Room for expansion in the basement to add coin-op laundry! The rental market is hot! Consider adding this fantastic building to your portfolio!!! Group showings available! Photos of all units available upon request
Property Details
Property Features
Property Information:
Year Built: 1890
Stories: 3
Living Area: 8,500 SqFt
Listing Office:
Office Name: Five North Realty Group, Inc.
Office Phone: (603) 722-6431
Listing Agent: Hollie Strandson
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Carpet, Softwood
Exterior Features
Parking Information:
Parking: Off Street
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
School Info
Assigned Schools Information:
Fitchburg High School, Public District Grades 9-12
Arthur M Longsjo Middle School, Public District Grades 5-8
Memorial Intermediate School, Public District Grades 5-8
Crocker Elementary School, Public District Grades PK-4
South Street Elementary School, Public District Grades PK-4
Reingold Elementary School, Public District Grades KG-4
Other
Directions Information:
Directions: Chase Rd (Rt 13) for 3 Miles, building will be on right. On the corner of Central Street & Main St.
Price Information
Listing Price Info
Price Summary:
List Price: $1,300,000
Price Per SqFt: $153/SqFt
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Housing Market Comparison
See how this home compares to others in Fitchburg, MA.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/31/2024, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Crocker Elementary School
200 Bigelow Rd
Distance between this listing and this school1.13 miles
Public District Grades PK-4
6
/10
South Street Elementary School
376 South St
Distance between this listing and this school1.42 miles
Public District Grades PK-4
4
/10
Reingold Elementary School
70 Reingold Ave
Distance between this listing and this school1.50 miles
Public District Grades KG-4
Middle School
2
/10
Arthur M Longsjo Middle School
98 Academy St
Distance between this listing and this school0.64 miles
Public District Grades 5-8
5
/10
Memorial Intermediate School
615 Rollstone St
Distance between this listing and this school1.15 miles
Public District Grades 5-8
High School
3
/10
Fitchburg High School
140 Arnhow Farm Rd
Distance between this listing and this school2.33 miles
Public District Grades 9-12
Assigned Schools
5
/10
Crocker Elementary School
200 Bigelow Rd
Distance between this listing and this school1.13 miles
Public District Grades PK-4
6
/10
South Street Elementary School
376 South St
Distance between this listing and this school1.42 miles
Public District Grades PK-4
4
/10
Reingold Elementary School
70 Reingold Ave
Distance between this listing and this school1.50 miles
Public District Grades KG-4
Assigned Schools
2
/10
Arthur M Longsjo Middle School
98 Academy St
Distance between this listing and this school0.64 miles
Public District Grades 5-8
5
/10
Memorial Intermediate School
615 Rollstone St
Distance between this listing and this school1.15 miles
Public District Grades 5-8
Nearby Schools
3
/10
McKay Arts Academy
67 Rindge Rd
Distance between this listing and this school1.26 miles
Public District Grades PK-8
Assigned Schools
3
/10
Fitchburg High School
140 Arnhow Farm Rd
Distance between this listing and this school2.33 miles
Public District Grades 9-12
Nearby Schools
5
/10
North Central Charter Essential School
171 South St
Distance between this listing and this school1.10 miles
Public Charter Grades 7-12
4
/10
Goodrich Academy
111 Goodrich St
Distance between this listing and this school1.74 miles
The neighbors living near this home have an average income of $31,212. Most Fitchburg, MA residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In Fitchburg, MA
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What are the common housing types in Fitchburg, MA?
Fitchburg's housing market is diverse, offering a range of options from historic Victorian homes to contemporary condominiums. Single-family homes are prevalent, reflecting a blend of classic and modern architectural styles. The housing stock includes a significant number of properties built in the late 19th and early 20th centuries, adding to the city's historic charm. The homeownership rate in Fitchburg is robust, with a substantial portion of residents owning their homes, while the remainder of the population resides in rental properties, including apartments and multi-family units.
What are the advantages of living in Fitchburg, MA?
Fitchburg is celebrated for its rich industrial history and cultural heritage, which is evident in its architecture and community events. The city prides itself on a strong sense of community, with annual festivals and public gatherings that highlight its diverse population and artistic leanings. The Fitchburg Art Museum and numerous public parks contribute to the city's character, offering residents and visitors alike a glimpse into its vibrant cultural scene.
Are essential services in Fitchburg, MA convenient?
The community benefits from a solid educational system, including several public schools at the elementary, middle, and high school levels, as well as private educational institutions, some with religious affiliations. Fitchburg State University adds to the educational landscape, providing higher education opportunities. Healthcare services are available through local clinics and a regional hospital, offering a range of medical services from primary care to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with a mix of independent shops and restaurants that cater to a variety of tastes.
How do Fitchburg, MA residents get around?
Fitchburg's transportation infrastructure includes a regional transit authority that provides bus services with a schedule designed to accommodate commuters and local travelers. The city's train station connects residents to other parts of Massachusetts, offering additional commuting options. While ride-sharing services are available, enhancing mobility for those without personal vehicles, the city also focuses on improving walkability in key areas. Major roadways facilitate travel in and out of the city, and ongoing transportation projects aim to improve traffic flow and accessibility.
Frequently Asked Questions About 773779 Main St
What is the listing price of this property?
The listing price of 773779 Main St property is $1,300,000.
What type of property is this?
The property 773779 Main St is land located in Fitchburg, Massachusetts, 01420.
Is this property for sale now?
Active Listing: 773779 Main St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 773779 Main St are: Crocker Elementary School: GreatSchools Rating 5/10South Street Elementary School: GreatSchools Rating 6/10Reingold Elementary School: GreatSchools Rating 4/10Arthur M Longsjo Middle School: GreatSchools Rating 2/10Memorial Intermediate School: GreatSchools Rating 5/10Fitchburg High School: GreatSchools Rating 3/10
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This home is located at 773779 Main St in Fitchburg, MA and zip code 01420. This 8,500 square foot home, which was built in 1890, sits on a 0.10 acre lot. It has been listed on Rocket Homes since May 11, 2024 and is currently priced at $1,300,000.
In September 2024, from all listings sold in Fitchburg, MA there were more than 20 sold above asking price, over 9 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Fitchburg, MA between August 2024 and September 2024 decreased by 7.7%. Listings spent 33 days on the market in September 2024, and had a median list price of $400,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.