105 Blossom St Pending

Fitchburg,MA 01420

$ 1300000

27 Beds

7 Baths

10631 SqFt


Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 10,631 sqft

Price per Sqft $122

MLS Listing ID 73276598

Bedrooms 27

Full Baths 7

Year Built 1900

Annual Tax Amount $10,391

Tax Year 2024

Lot Size 7,840 Sqft

Acres 0.18

Property Description

This well-maintained 7-unit property consists of six 4-bedroom/1-bathroom and one 3-bedroom/1-bathroom units, totaling 10,631 sq ft of living space. Each unit is separately metered for heat, hot water, and electricity. The water & sewer is sub-metered. Six (6) of the seven (7) units reimburse the landlord for usage. Additionally, the electrical systems were fully updated in 2023. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of $12,953 monthly. Centrally located 0.3-miles from the Fitchburg Train Station (Intermodal Train Station) and 0.4-miles from Fitchburg State University plus a short walk from downtown amenities. Listed at an 8.92 cap rate, this property represents a valuable investment in a growing Fitchburg market.

Location

State MA

County Worcester

Zoning RC

Direction Use GPS

Exterior

Community Features Public Transportation,University

Waterfront false

View Y/N Yes

View City

Roof Type Rubber

Total Parking Spaces 10

Garage No

Building

Lot Description Corner Lot,Gentle Sloping

Story 9

Foundation Stone

Sewer Public Sewer

Water Public,Individual Meter

Others

Senior Community false

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