CCertihomes
773-779 Main Street, Fitchburg, MA 01420

$1,375,000

0 beds 10 baths 8,400 sqft Built 1890Active

About this home

Fantastic Opportunity to own a fully rented, 10 unit, mixed use building across the street from the beauitful, brand new City Hall and next door to the soon to be opening Fitchburg State Theatre! This building has 2 ground level commercial units and 8 reseidentail units of which 4 have been rennovated with fresh paint, new cabinetry, LVT flooring, and quartz counterops! All residental units are renting for $1200/mth and commercial units are at $1000/mth. All utilities are separated. One of the commercial units has been updated with fresh paint and LVT flooring. Room for expansion in the basement to add coin-op laundry! The rental market is hot! Consider adding this fantastic building to your portfolio!!! Group showings will begin the week of May 6th!

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
$9,393/mo

Real estate (PITI + HOA + PMI)
$9,282
Principal + interest$6,236
Property tax + insurance$2,530
PMI / 2nd mortgage$516
Utilities
$814
Heating + cooling$245
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$116
Car insurance + maintenance$116
Other (entertainment)
$158
$9,393/mo TLC
Budget$9,893/mo
Remaining after TLC$500/mo
Purchase price
$1,375,000
Down payment
$68,750 (5%)
Loan amount
$1,306,250
APR
4%

Quick facts

Type
COM
Style
Year built
1890
Lot size
0.1 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$11,395
MLS #
73232230
County
Worcester

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.

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Listing information last refreshed 5/2/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.