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Listing Details
- $1,229,000
- MLS# 73511393
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: NAI Glickman Kovago & Jacobs
Agent Name: James Glickman
Agency Phone: 508-753-9100
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
Home Value Estimate
Description
IN PLACE 7% CAP RATE. Turnkey seven-unit investment property in Fitchburg with major capital upgrades completed and good tenancy in place. Six one-bedroom units and one two-bedroom, five fully renovated. Current ownership's extensive improvement program significantly reduces near-term capital requirements for an incoming investor: full electrical upgrade with individual panels and meters, heating system replacements in most units, renovated laundry room, new garage roof and door, upgraded exterior egress and emergency lighting, and comprehensive landscaping. Most units are individually gas metered, with separation infrastructure in place...read more
Features
- Range
- Refrigerator
- Window Unit(s)
- Vinyl
- Hardwood
- Natural Gas, Floor Furnace
- 5.0 Stories
- $7,191 Taxes
- Public
- Built in 1920
Gallery
Listed By
Agency Name: NAI Glickman Kovago & Jacobs
Agent Name: James Glickman
Agency Phone: 508-753-9100
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
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