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1 Waverly StreetFitchburg, MA 01420Price: $479,000

  • Price: $479,000
  • Est. Mortgage of $/month
  • 18 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $479,000List Price
  • 9Bedrooms
  • 4Bathrooms
  • 0.15Acreage
  • 4,068Square Feet

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Listed by Janet Cramb of LAER Realty Partners / Janet Cramb & Company
Location & Cashflow! Located directly next to Fitchburg State University Athletic and Rec Center. Great investor turnkey opportunity, high rental rates, surplus of student demand, all major mechanicals updated, and excellent cashflow (over $60k gross income when fully rented). Four-Family building (4-units) with two 3BDRM units, one 2BDRM unit, and one 1 BDRM unit. Currently one apartment vacant for potential owner-occupied buyer. Very low historical vacancy rates with mostly students renting on 1-year leases from June to June. Separately metered utilities, all major mechanicals in good shape (forced hot air furnaces and new gas water heaters). Tons of opportunity around potentially adding additional bedrooms, paid parking lot, or coin operated laundry. Large open basement for Landlord/ Owner/Property Manager storage and workshop. Local property manager currently in place.

Property Details of 1 Waverly Street

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