Attention Investors! Fully remodeled 4-family property in Fitchburg, MA. All units were renovated within the last year, with two units and exterior deleaded. Features off-street parking, brand-new gas heating systems, updated plumbing, and full insulation (basement, exterior...
This home has been viewed 8 times
Last Updated: April 4th, 2025 at 6:38am
Gross Income: $67,200
Gross Expenses: $6,498
Net Income Calc: $60,702
CAP Rate: 9.71%
Annual Expenses for 164 Myrtle Ave, Fitchburg MA 01420
Total Gross Expenses (Calculated)$6,498/year
APOD AvailableYes
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$6,498
Annual Income & Unit Breakdown for 164 Myrtle Ave, Fitchburg MA 01420
Total Gross Income (Calculated)$67,200
Unit 1
Rental Income1750
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income1750
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 3
Rental Income1100
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit0
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 4
Rental Income1000
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit0
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 164 Myrtle Ave, Fitchburg MA 01420
Listing ID73349726
Property TypeMulti Family / 4 Family
Price$625,000 ($203.25/SqFt)
Style
CityFitchburg
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total3,075 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking10
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor Space
ZoningRB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 164 Myrtle Ave, Fitchburg MA 01420
Disclosures for 164 Myrtle Ave, Fitchburg MA 01420
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$46,200
Total Net Income By Broker$46,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Location Information for 164 Myrtle Ave, Fitchburg MA 01420
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesShopping, Laundromat, Bike Path, Public Transportation, Pool, University
Contact Information for 164 Myrtle Ave, Fitchburg MA 01420