1st Floor Commerical Space + 3 Bedroom Apt on Top Floor. Former Red Star Cafe/Bar with 2 half baths, full bar set up, tin ceiling, prep area, large open seating area, access to full basement for storage. Top floor is an updated 3 bedroom apt with eat-in-kitchen, full bath, e...
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Last Checked: April 6th, 2025 at 5:43am (Source: MLS PIN #73353046)
Gross Income: $48,000
Gross Expenses: $2,540
Net Income Calc: $45,460
CAP Rate: 30.33%
Annual Expenses for 79-81 Bemis Rd, Fitchburg MA 01420
Total Gross Expenses (Calculated)$2,540/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$2,540
Annual Income & Unit Breakdown for 79-81 Bemis Rd, Fitchburg MA 01420
Total Gross Income (Calculated)$48,000
Unit 1
Rental Income$2,000
LeaseN
Bedrooms0
Bathrooms2 Half
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$2,000
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 79-81 Bemis Rd, Fitchburg MA 01420
Listing ID73353046
Property TypeMulti Family / 2 Family
Price$149,900 ($66.95/SqFt)
Style2 Family - 2 Units Up/down
CityFitchburg
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,239 SqFt
Approximate Lot Size (Acres)0.05 acres
Total Parking0
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Corner Lot
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor SpacePorch
ZoningNB
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 79-81 Bemis Rd, Fitchburg MA 01420
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$48,000
Total Net Income By Broker$48,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation1%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 79-81 Bemis Rd, Fitchburg MA 01420
Real Estate Taxes$2,540
Tax Year2025
Assessed Value$188,000
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$48,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$48,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)30.33%
Location Information for 79-81 Bemis Rd, Fitchburg MA 01420
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Sidewalks
Contact Information for 79-81 Bemis Rd, Fitchburg MA 01420