Cheryl Raymond - Andrew Abu Inc Realtors Logo
$599,000
 $3,216 est/mo Sourced by Back At You

123 Myrtle Ave,Fitchburg, MA 01420

Fitchburg, MA 01420

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Description

Investor Opportunity! 3-family property in a prime rental location just a short walk to Fitchburg State University. Each spacious unit features 4 bedrooms and is currently leased to college students, generating $2,000 per month per unit ($6,000 monthly gross income) with leases through May 2027. All units have separate utilities, making management more efficient for investors. Conveniently located near the MBTA commuter rail station, MART bus routes, shopping, restaurants, coffee shops, churches, and other local amenities. All units are occupied with leases in place, providing immediate, steady rental income. Whether you're looking to expand your portfolio or make your first investment, this income-producing property is one you won't want to miss! All hot water heaters and heating systems are new.

Details

MLS #73561635
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1910
Days On Site54
Listing Provided ByReal Estate Exchange | Paula Valente

Features

Bed(s)12
Bath(s) 3 Total
SQ Feet4,144
BasementY
Story(s)3
Units3
ZoningRC
Acreage0.12

Interior

Rooms Total18
Fireplaces Total0
Fireplace Yes / NoNo
FlooringWood, Vinyl

Exterior

Construction MaterialsFrame
Foundation DetailsStone
Lot FeaturesCorner Lot

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Off Street
Open Parking Yes / NoYes

Utilities

UtilitiesVaries per Unit
SewerPublic Sewer

Taxes

Tax Annual Amount6213
Tax Assessed Value459900
Tax Year2025

Location

Community FeaturesPublic Transportation, Park, Public School, T-Station, University, Sidewalks
Senior Community Yes / NoNo

Area Information

StateMA
CountyWorcester
CityFitchburg
Zip Code01420
AreaWorcester
Listing VS Median (in 01420)
Price:
$599,000
low | high
Med:
$407,450
81.978297161937% of Average
sqft:
4,144
low | high
Med:
1,708
100% of Average
$ / sqft:
$145
low | high
Med:
$276
40.806557701388% of Average
On site:
54
low | high
Med:
90.5
59.668508287293% of Average
Sourced by Back At You

Market Activity 01420

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Contact

Learn More About This Property

Cheryl Raymond

Cheryl Raymond

Andrew Abu Inc

9074195 (508) 246-9143cheryl@andrewabu.com
StateMA
CountyWorcester
CityFitchburg
Zip Code01420
AreaWorcester
Listing VS Median (in 01420)
Price:
$599,000
low | high
Med:
$407,450
81.978297161937% of Average
sqft:
4,144
low | high
Med:
1,708
100% of Average
$ / sqft:
$145
low | high
Med:
$276
40.806557701388% of Average
On site:
54
low | high
Med:
90.5
59.668508287293% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $449K - $748K
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
70 Myrtle Ave Property Photo 1
$635,000
70 Myrtle Ave
Fitchburg, MA 01420
74 Snow St. Property Photo 1
$640,000
74 Snow St.
Fitchburg, MA 01420
Listing Updated: September 29, 2026 at 7:33:19 AM PDT