CCertihomes
29-31 Prospect St, Fitchburg, MA 01420

$569,900

8 beds 3 baths 3,258 sqft Built 190046 days on marketActive

About this home

Welcome to 29-31 Prospect Street. Great opportunity to own a solid 3-family. Long term tenants await you in this beautifully architectural home just minutes from Downtown. All units separately metered for gas and electric, tenants pay their own utilities. Ready for new owners to just collect rent. Many of the original beautiful features are still present in the building. 3 fireplaces, high ceilings, wood floors & built-ins! Each unit has a private entrance and covered deck/patio for their enjoyment. 4 separate gas zones and 3 separate 100 amp electrical boxes all new in 2004. Unit 1 & 2 were remodeled before tenants moved in. Big lot with parking area for 6 cars. Walk to the Post Office or Art Museum and just a short distance to Fitchburg State University (1.2 mi). Montachusett train station is located 1.1 mi or Wachusett station at 4.2 miles & close to Rt. 2. BIG demand for quality apartments in Fitchburg, rents are below market. Group showings only Saturdays 12-2pm must have appt.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$5,389/mo

Real estate (PITI + HOA + PMI)
$5,065
Principal + interest$3,675
Property tax + insurance$1,176
PMI / 2nd mortgage$214
Utilities
$636
Heating + cooling$156
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$116
Car insurance + maintenance$116
Other (entertainment)
$158
$5,389/mo TLC
Budget$5,889/mo
Remaining after TLC$500/mo
Purchase price
$569,900
Down payment
$28,495 (5%)
Loan amount
$541,405
APR
7.2%

Quick facts

Type
3 Family
Style
Year built
1900
Lot size
0.34 ac
Stories
6
Heating
Natural Gas, Individual
Cooling
Water
Public
HOA
Annual tax
$6,368
MLS #
73219722
County
Worcester

At a glance

Fireplace
Basement
Balcony

Home features

Exterior
Balcony
Community
Public TransportationShoppingTennis Court(s)ParkWalk/Jog TrailsLaundromatConservation AreaHighway AccessHouse of WorshipPublic SchoolT-StationUniversity
Parking
Paved DriveOff Street
Flooring
Varies, Laminate, Hardwood
Roof
Slate
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 4/3/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.