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196-198 Water St, Fitchburg, MA 01420

Multi-Family

$350,000
Price

4
Units
4,305
Approx. GLA
Attention Investors! Fantastic opportunity to own a 4 unit building with 2 livable units and 2 storefront units. The storefront units are on the first level and each feature an open floor plan and a large front picture window- bring your business ideas! Level 2 and 3 are the same with 3 beds and 1 bath. Both units provide a beautiful updated kitchen with hardwood floors, a breakfast bar, recessed and pendant lighting, s/s appliances and access to the back steps. Open to the bright and sunny living room with hardwood floors. 3 bedrooms with ample closet space and a bath with stand up tiled shower. Across the street is a large parking lot that can fit 6-7 cars. Nashua river behind. Close to public transportation, shopping, T-station, schools and more! Donít wait, come see all this property has to offer today!
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Crawl, Interior Access, Dirt Floor, Unfinished Basement
List Price: $350,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Active
Beds: 6
Baths: 2
Half Baths: 2
Units: 4
Year Built: 1900
Year Round: Yes
Approx. GLA: 4,305
MLS#: 72680580
 
 
Interior
Basement: Yes
Electricity Cost: $60
Electric Features: Circuit Breakers, 100 Amps
Heating Zones: 4
Flooring: Tile, Wall to Wall Carpet, Hardwood
Energy: Insulated Windows, Insulated Doors, Prog. Thermostat
Rooms: 13
Lead Paint: Unknown
Total Floors: 3
UFFI: Unknown
Exterior
Water: Yes
Acres: 0.21
Lot Size: 9,173.00
Lot Description: Other (See Remarks), Shared Drive, City View(s), Sloping
Foundation: Fieldstone, Brick
Waterfront: River
Parking Spaces: 7
Parking Features: Off-Street, Stone/Gravel, Unpaved Driveway
Road Type: Paved
Color: Grey
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Aluminum, Brick
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $106,500
Taxes: $2,100
Tax Year: 2020
Book/Page: 8350/288
Beach
Beach: No
Expenses
Gross Income: $28,200
Gross Expenses: $4,650
Net Income: $23,550
Insurance Cost: $4,450
Water Cost: $140
 
Additional
Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, House of Worship, Private School, Public School, T-Station, University
Disclosure Declaration: Yes
Disclosure: Currently 2 deeds but will be combined as one deed upon closing. Storefronts to be finished before closing.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 2 0 0 1 0 1 No 1
Unit 2 1 0 0 1 0 1 No 1
Unit 3 5 3 0 2 3 0 Yes 1 $1,400
Unit 4 5 3 0 3 3 0 Yes 1 $950
Units Extras
Unit 1
Cooling:  None  Heating:  Central Heat, Forced Air, Electric  Interior:  Open Floor Plan, Picture Window, Other (See Remarks)  Rooms:  Other (See Remarks) 
Unit 2
Heating:  Central Heat, Forced Air, Electric  Interior:  Open Floor Plan, Picture Window  Rooms:  Other (See Remarks) 
Unit 3
Cooling:  None  Heating:  Forced Air, Electric  Interior:  Stone/Granite/Solid Counters, Bathroom with Shower Stall, Programmable Thermostat, Hardwood Floors, Wall to Wall Carpet, Stone/Ceramic Tile Floor, Cable TV Available, Storage, Tile Floor  Rooms:  Living Room, Kitchen 
Unit 4
Cooling:  None  Heating:  Central Heat, Forced Air, Electric  Interior:  Programmable Thermostat, Hardwood Floors, Wall to Wall Carpet, Stone/Ceramic Tile Floor, Cable TV Available, Tile Floor  Rooms:  Living Room, Kitchen 
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The listing office is Lamacchia Realty, Inc. and the listing agent is Gerry Bourgeois Jr.. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.