Active
52 Days on market
18-22 Hartwell Street Fitchburg — Photo 1 of 42

18-22 Hartwell Street Fitchburg — Photo 1 of 42

$750,000

Investment Analysis — 18-22 Hartwell Street

Fitchburg, MA 01420

Based on rent reported on the MLS listing, a 5-unit multi-family in 01420 carries $3,245/mo in gross rent — about a 2.89% cap rate and $21,646/yr in estimated NOI at the $750,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

9

Baths

5

SqFt

5,946

Style

5+ Family - 5+ Units Up/Down

Built

1900

Investors take notice! Don't miss this well-maintained 5-unit multifamily property located in an up-and-coming downtown area with strong rental appeal. Ideally situated within walking distance to markets, restaurants, churches, schools, the library, bus stops, and the commuter rail station, this location offers convenience for tenants. The apartments have been well cared for and are in excellent condition, making this a great addition to any investment portfolio. Each unit features separate utilities, helping to simplify property management and tenant billing. Free street parking available with permit from City Hall once you have lease in hand. Municipal parking is conveniently located nearby. A solid investment opportunity in a growing area!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$750,000
Annual Taxes$7,948

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms20
FireplacesNone
FlooringWood, Vinyl, Laminate
BasementFull, Walk-Out Access, Interior Entry, Unfinished

Climate & Utilities

HeatingNatural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofTar/Gravel
FoundationGranite, Other
ZoningDB

Property & Lot

Acres0.08
SqFt Lot3,602
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • House of Worship • Public School • T-Station

Geography

Listing Provided By

Listing Agent: Paula Valente

Listing Office: Real Estate Exchange

MLS® Number: 73554211