Address
43 Highland Ave, Fitchburg, MA
Price
$ 849,900
Property Attributes
- MLS#73205609
- TypeContingent
- CountyWORCESTER
- CityFitchburg
- Zip01420
- Style5+ Family - Rooming House
- Year Built1900
- Taxes$ 6881
- Price$ 849,900
- Bedrooms10
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4388
- Lot Size0.38 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
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.
| Price History | |
|---|---|
| 2/26/2024 | Listed $849,900 |
General Features
| Interior Features | Living Room,Dining Room,Kitchen,Laundry Room,Mudroom,Office/Den |
|---|---|
| Sewer | Public Sewer |
| Roof | Shingle |
| Zoning | RC |
| Garage Spaces | 2 |
| Patio/Porch Features | Porch |
| Construction Materials | Frame |
| Exclusions | All Tenants Personal Property. |
| Year Built | 1900 |
| Property SubType | 5+ Family - Rooming House |
| Tax Year | 2024 |
| Gross Income | 86400 |
| Community Features | Public Transportation,Shopping,Park,Laundromat,Highway Access,House of Worship,Public School,T-Station,University |
| County | Worcester |
| Operating Expense | 730 |
| Insurance Expense | 2616 |
| Property Type | Residential Income |
| Contingency | Pending P&S |
| Garage Y/N | Yes |
| Other Structures | Barn/Stable |
| Total Rooms | 19 |
| Status | Contingent |
| Directions | Use GPS |
| City | Fitchburg |
| Disclosures | Front porch needs some minor repairs on the front left side. 10th bedroom is currently being used as an office. Retaining wall on left side of property is sloping and may be in need of repointing but |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 9 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 16649 |
| Waterfront Y/N | No |
| Year Built Details | Actual |
| Tax Annual Amount | 6881 |
| Electric Expense | 480 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active Under Contract |
| Year Built Source | Public Records |
| Tax Assessed Value | 464600 |
| Total Actual Rent | 8294 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Unfinished |
|---|---|
| Flooring | Tile,Varies,Hardwood |
| Total Fireplaces | 1 |
| Total Stories | 3 |
| Fireplace Y/N | Yes |
| Full Baths | 4 |
| Total Bedrooms | 10 |
| Total Baths | 4 |
Exterior Features
| Parking Features | Paved Drive,Off Street,Common,Paved |
|---|---|
| Water Source | Public |
| Total Parking | 23 |
| Lot Size Area | 0.38 |
| Foundation Details | Stone,Granite |
| Spa | No |
| Building Area Total | 4388 |
| Lot Size Acres | 0.38 |
| Covered Spaces | 2 |
| Road Frontage Type | Public |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 01420
Price
Taxes
Visits
Year Built
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IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2024 State-Wide Multiple Listing Service. All rights reserved.
