Active
102 Days on market
40 Edwards St Fitchburg — Photo 1 of 19

40 Edwards St Fitchburg — Photo 1 of 19

Recent Drop: $14,000

$679,000
$665,000

$665,000

40 Edwards St, Fitchburg, MA 01420

Fitchburg, MA 01420

Investor Analysis

Beds

8

Baths

3

SqFt

2,508

Style

3 Family - 3 Units Up/Down

Built

1905

FOR SALE | $670,000 | 3-Unit Multi-Family | 40 Edwards St, Fitchburg, three-family asset delivering $5,400 monthly — $64,800 annually — in gross rental income. Extensively capital-improved with new electrical service, sub-metered panels, full plumbing replacement, and updated unit-level electrical throughout. Two renovated units feature granite countertops, modern cabinetry, mini-split HVAC, updated flooring, and stainless steel appliances. Exterior freshly painted. Off-street parking. Owner-paid water. Strong in-place tenancy with immediate cash flow and value-add upside on the third unit. Ideal for the 1031 exchange buyer or portfolio investor seeking a low-maintenance, income-producing asset in a growing Central Massachusetts market. Images used are from before the rental agreements

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$265/sqft
Local Avg (Fitchburg)$192/sqft
38% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Fitchburg, MA.

Property Details

Financials

Original Price$679,000
Annual Taxes$5,472

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms15
FireplacesNone
FlooringTile, Vinyl, Stone/Ceramic Tile
BasementFull, Walk-Out Access, Interior Entry, Concrete, Slab

Climate & Utilities

HeatingForced Air, Heat Pump, Electric
CoolingWall Unit(s), Heat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionPost & Beam, Cement Board
RoofRubber
FoundationStone, Granite
ZoningRC

Property & Lot

Acres0.12
SqFt Lot5,036
Lot FeaturesCleared

Amenities & Appliances

Range • Refrigerator

Neighborhood

Park

Geography

Property History

Price Drop
$665,000

Was $670,000

Sep 11, 2026

MLS® 73528118

Price Drop
$670,000

Was $679,000

Jun 5, 2026

MLS® 73528118

Listed
$679,000

Jun 2, 2026

MLS® 73528118

Sold
$475,000

Apr 5, 2025

MLS® 73354336

Listed
$475,000

Apr 3, 2025

MLS® 73354336

Population

41,839

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$73K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

45.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Fitchburg, MA market report ZIP 01420 market data
Listing Provided By

Listing Agent: Edward Perez

Listing Office: Edward Perez

MLS® Number: 73528118

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