CCertihomes
43 Highland Ave, Fitchburg, MA 01420

$849,900

10 beds 4 baths 4,388 sqft Built 190055 days on marketActive

About this home

Beautiful & historic building currently being used as a 9 bed group home with a long term tenant offering insanely passive cash flow! Great location walking distance to Fitchburg State, Commuter Rail & more. The 1st floor features 3 bedrooms (1 of these bedrooms is currently being used as an office), 1 office, a common laundry area, stunning fireplaced foyer and access to the separate 1 bedroom apartment. The 2nd floor features a common kitchen, dining and living room, 2 full bathrooms, 1 office and 3 bedrooms. The 3rd floor has another full bathroom and 3 bedrooms. Recent updates include roof (3 y/o) & windows (5 y/o), hot water tank (2 y/o). The barn offers additional finish potential with storage space, a large second floor and 2 garage stalls w/ newer doors. Long term tenant handles most everything, owner pays taxes & insurance.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$5,929/mo

Real estate (PITI + HOA + PMI)
$5,689
Principal + interest$3,855
Property tax + insurance$1,515
PMI / 2nd mortgage$319
Utilities
$678
Heating + cooling$177
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$116
Car insurance + maintenance$116
Other (entertainment)
$158
$5,929/mo TLC
Budget$6,429/mo
Remaining after TLC$500/mo
Purchase price
$849,900
Down payment
$42,495 (5%)
Loan amount
$807,405
APR
4%

Quick facts

Type
5+ Family - Rooming House
Style
Year built
1900
Lot size
0.38 ac
Stories
3
Heating
Cooling
Water
Public
HOA
Annual tax
$6,881
MLS #
73205609
County
Worcester

At a glance

Fireplace
Basement
Garage (2)

Home features

Interior
Living RoomDining RoomKitchenLaundry RoomMudroomOffice/Den
Community
Public TransportationShoppingParkLaundromatHighway AccessHouse of WorshipPublic SchoolT-StationUniversity
Parking
Paved DriveOff StreetCommonPaved
Flooring
Tile, Varies, Hardwood
Roof
Shingle
Sewer
Public Sewer

Neighborhood — 01420

MetricThis ZIPCountyUSA
Population37,7276,444,931299,088,112
Population Change Since1990-4.00%7.00%20.00%
Population Density1,328786
Male18,1083,127,134147,432,321
Female19,6193,317,797151,655,844
Never Married9,5561,612,88563,775,926
Married12,8942,586,314123,120,365
Separated2,143247,85712,639,686
Widowed2,451363,59415,467,586
Divorced3,194436,88823,075,029
Number Of House Hold14,3832,431,591111,826,380
Average House Hold Size2.512.562.60
Medial Age33.6037.2535.46
Median House Hold Income$40,603$57,698$48,276
Average House Hold Income$48,718$75,023$63,629
P C I$19,697$29,196$24,529
M D I$35,452$48,105$41,133
A T H E$42,880$57,083$50,898
S T R5.00%5.00%
W C J78.61%81.38%77.74%
(Zip) Code
1420

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 2/26/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.