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773-779 Main St

Fitchburg, MA 01420
  • $1,100,000
  • STATUS: Active
  • MLS #: 72996824
UPDATED: 213 min ago
$1,100,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,400
    SQFT
  • $131
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1890
County:
Area:

School Ratings & Info

Listing courtesy of Daniel Reiser of Keller Williams Realty North Central.

Description

Great mixed use building in the Upper Common of Downtown Fitchburg. The ground level consists of 2 commercial units, one rented and the other in need of renovation to boost income. There are 8 residential units across the second and third floors, fully rented with tenants paying their own utilities. FHA for the commercial units, residential units are heated by boilers, or parlor gas on gas stoves. Positive cash flow. This beautiful building has a new roof and is located in a prime location, right near the Theater renovation by Fitchburg State as well as the new parking garage to be built. Fitchburg continues to be in the midst of a large revitalization including new residential units as well as commercial being built.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-02T00:11:04.13.
www.dna-realty.com/homes/129796313
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773-779 Main St Fitchburg, MA 01420

  • Price: $1,100,000
  • Status: Active
  • On Site: Days
  • Updated: 213 min ago
  • MLS #: 72996824
0
Beds
0
Baths
0
½ Baths
0.1
Acres
8,400
SQFT
$131
$/SQFT
1890
Built
Neighborhood:
Other
County:
Worcester
Area:
Other
Property Description
Great mixed use building in the Upper Common of Downtown Fitchburg. The ground level consists of 2 commercial units, one rented and the other in need of renovation to boost income. There are 8 residential units across the second and third floors, fully rented with tenants paying their own utilities. FHA for the commercial units, residential units are heated by boilers, or parlor gas on gas stoves. Positive cash flow. This beautiful building has a new roof and is located in a prime location, right near the Theater renovation by Fitchburg State as well as the new parking garage to be built. Fitchburg continues to be in the midst of a large revitalization including new residential units as well as commercial being built.
Exterior Features

Construction Brick Driving Doors 0 Loading Docks 0 Location DowntownCorner Lot Parking Spaces 3 Roof Material Membrane Stories 3 Underground Tank Unknown

Interior Features

Elevator No Maf Building Sq Ft 0.00 Ref Building Sq Ft 2940.00 Restrooms 10 Rsf Building Sq Ft 5460.00 Sprinklers No Total Building Sq Ft 8400.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 327000.00 Assessed Value Land 64100.00 Assessed Value Total 391100.00 Commercial Industrial Type Mixed Use Condo Association No Disclosure No Disclosures Seller Has Never Occupied The Property. Second Commercial Unit in Need Of Renovation Easements Unknown Exchange No Gross Annual Expense 25376.00 Gross Annual Income 80400.00 Lease No Lender Owned No Lot 0 Mau Units 0 Net Operating Income 55024.00 Ofu Units 0 On File21 E No Reu Units 2 Rsu Units 8 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2022 Taxes 6887.00 Total Units 10 Utilities Public WaterPublic SewerNatural Gas Wau Units 0 Year Built Source Pr Zone Description Legal ConformingLegal Non-Conforming Zoning Db

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Daniel Reiser of Keller Williams Realty North Central.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-07-02T00:11:04.13.
 
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138 River Rd #107
Andover MA, 01810
Listing courtesy of Daniel Reiser of Keller Williams Realty North Central.