Overview Property Details Payment Calculator Walkability

Active

340 & Lot0 Fairmount Street, Fitchburg MA 0142605643

$599,900

Estimated $10,531.10/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $199,966.67

Total Rent: 60000/year

Estimated CAP Rate: 7.73%

8 Bedrooms

3 Full Baths

Total Parking: 5

14,720 SqFt

Oversized, Turn-Key 3-family property, Featuring Letters of Compliance/De-Lead Certs, offers spacious units with 3 Bedrooms on each of the First & Second-floor units, and a Large Open Concept 2 bedroom on the Third floor. Renovated in 2012 with Large Updates since then; ...

This home has been viewed 4 times

Last Checked: April 7th, 2025 at 4:43am (Source: MLS PIN #73353857)

Gross Income: $60,000

Gross Expenses: $13,633

Net Income Calc: $46,367

CAP Rate: 7.73%

Annual Expenses for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

Total Gross Expenses (Calculated)$13,633/year

APOD AvailableNo

Heating$0

Electricity$987

Water$1,412

Gas$1,412

Insurance$3,500

Sewer$1,412

Trash Removal$0

Repair & Maintenance$900

Management$0

Miscellaneous$0

Real Estate Tax$6,834.71

Annual Income & Unit Breakdown for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

Total Gross Income (Calculated)$60,000

Unit 1

Rental Income1750

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income1700

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income1550

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

Listing ID73353857

Property TypeMulti Family / 3 Family

Price$599,900 ($171.69/SqFt)

Style

CityFitchburg

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,494 SqFt

Approximate Lot Size (Acres)0.34 acres

Total Parking5

Garage Parking

Year Built1935

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesSteep Slope

Foundation Area

Foundation DescriptionGranite,Irregular,Other

Accessible Features

Outdoor SpaceDeck - Roof, Deck - Wood, Porch

ZoningRC

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesScreens

Terms

Interior Features for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

Disclosures for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$14,516

Total Gross Income By Broker$60,900

Total Net Income By Broker$46,384

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Location Information for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

Elementary SchoolReingold

Middle SchoolMemorial

High SchoolFitchburg

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Private School, University

Contact Information for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

Agent

Name: Dylan Maclean

MLS ID: CN229008

Office ID: H10900

National Association ID: 454502551

Address: 35 Colony Road

City: Fitchburg

State: MA

Zip: 01420

Office

Name: Foster-Healey Real Estate

MLS Office ID: H10900

Phone: 978-537-8301

Payment Calculator

$10,531.10 per month

30 Years Fixed, 6.75% Interest

Property Taxes $6,834.71

Principal & Interest $3,696.39

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Foster-Healey Real Estate

Dylan Maclean

Agent Phone

Office Phone

(978) 537-8301

Text Agent Call Agent Call Office

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EXIT

Active

340 & Lot0 Fairmount Street, Fitchburg MA 0142605643

$599,900

Annual Expenses for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

Annual Income & Unit Breakdown for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

General Information for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

Interior Features for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

Disclosures for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

Location Information for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

Contact Information for 340 & Lot0 Fairmount Street, Fitchburg MA 0142

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Foster-Healey Real Estate

Dylan Maclean