Fantastic investment opportunity in Fitchburg's "Opportunity Zone," offering valuable tax incentives for investors. Currently generating over $8K/month in rent with substantial room for growth due to under-market rents. With minor updates, 2-bedroom units can be converted into 3-bedroom units, increasing potential income to (6) 3-bedroom units. Recent upgrades over the past 8 years include remodeled kitchens and bathrooms, new flooring, electrical panels, and added insulation throughout. The property features separate utilities, including 6 gas boilers and 6 - 60 amp electric panels. 2 top Units has been remodeles within the last 3 years and has beautiful kitchen with quartz countertops and SS appliances. Come and make this property your next solid and profitable investment.
- Area Amenities: Jogging / Biking Path
- Basement: Full
- Basement: Unfinished
- Basement: Walk-out
- Building Area: 6804.00 SF
- Cross Docks: N
- Exterior Description: Wood Frame
- Exterior Living Space: Balcony / Lanai
- Flooring: Hardwood
- Flooring: Wall to Wall Carpet
- For Auction: N
- Full Bathrooms: 6
- Garage Description: No Garage
- General: Ceiling Fan(s)
- Lot Size In Text: 0.29 Acres
- MLSID: 73358335
- Parking Places: 0
- Price Per Area: 169.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Water: Municipal Water
- Year Built: 1920