HomesJustForYou Team Home Sales Leominster and Central MA - Keller Williams Realty North Central

80 Arlington Street, Fitchburg, MA 01420  

Multi-Family
$269,900
Price
3
Units
2,583
Approx. GLA
Turn-key Investment Opportunity or Multi-Generational Home for First Time Buyers! Looking for a fully occupied investment property? Two long term tenants (1st and 2nd floor) with newly signed 3rd floor lease inhabit this professionally managed property. Current owner meticulously rehabbed this Fitchburg 3-Family when acquired in 2000. Interior gutted to the studs and refurbished. All systems improved including heating, electrical, and plumbing for efficiency. Utilities are separated. This property is an excellent addition to any portfolio. Need to bring the generations together under one roof? This could be the right long-term strategy to weather the new normal. Simple cosmetic improvements to the exterior would reveal the beauty of the 19th century brick construction and slate roof. This home was built to last the test of time. Conveniently located near the commuter rail, FSU, and @ 3 miles from Rte. 2. This opportunity will not last! Shown by appointment only or virtual tour
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Walk Out, Interior Access, Concrete Floor
List Price: $269,900
Type: Multi-Family
Multi-Family Type: 3 Family
Status: Active
Beds: 5
Baths: 3
Units: 3
Year Built: 1910
Year Round: Yes
Approx. GLA: 2,583
MLS#: 72722388
Interior
Basement: Yes
Electricity Cost: $212
Electric Features: Circuit Breakers, 200 Amps, Common, Individually Metered
Heating Units: 3
Heating Zones: 3
Flooring: Vinyl, Wall to Wall Carpet, Varies Per Unit
Energy: Insulated Windows, Insulated Doors
Hot Water: Natural Gas, Tank
Rooms: 10
Lead Paint: Yes
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.10
Lot Size: 4,140.00
Lot Description: Easements, Other (See Remarks), Fenced/Enclosed, Gentle Slope, Level
Foundation: Fieldstone, Brick
Foundation Size: 30X32
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: Brick
Construction: Brick
Roof Material: Slate
Utility: for Electric Range, for Electric Oven
Exterior: Brick
Exterior Features: Deck - Wood, Porch, Fenced Yard
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $200,400
Taxes: $3,950
Tax Year: 2020
Book/Page: 3536/176
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $22,290
Gross Expenses: $6,563
Total Rent: $2,400
Net Income: $22,290
Insurance Cost: $2,503
Management Cost: $1,775
R&M Cost: $1,593
Water Cost: $1,900
Misc. Cost: $355
 
 
Additional
Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Disclosure Declaration: Yes
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 1 1 0 No 1 $800
Unit 2 5 3 0 2 1 0 No 2 $850
Unit 3 2 1 0 3 1 0 Yes 1 $750
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas, Individual, Unit Control  Interior:  Bathroom With Tub & Shower, Wall to Wall Carpet, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas, Individual, Unit Control  Interior:  Bathroom With Tub & Shower, Wall to Wall Carpet, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas, Individual, Unit Control  Interior:  Wall to Wall Carpet, Cable TV Available, Studio  Rooms:  Kitchen 
Common
Cooling:  None  Applicances:  None 
Map
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The listing office is Keller Williams Realty North Central and the listing agent is Kurt Thompson. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
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