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44 Winter St, Fitchburg, MA, 01420

8beds
7baths
4,188sqft
$1,275,000
$304price/sqft
$9,117/moest. monthly cost
$364,680/yrincome needed

About This Home

44 Winter St in Fitchburg is an exceptional investment opportunity: a well-maintained, seven-unit asset comprising six one-bedrooms and one two-bedroom, with five units fully renovated. Current ownership has completed an extensive capital improvement program, significantly reducing near-term capital requirements for an incoming investor. Improvements include a full electrical upgrade with individual panels and meters, heating system replacements in most units, a renovated laundry room, new garage roof and door, upgraded exterior egress and emergency lighting, and comprehensive landscaping work. Most units are individually gas metered, with separation infrastructure in place at the remainder requiring only final connection. In place 120K in income with meaningful upside; two tenancy-at-will units offer immediate opportunity to bring rents to market. Fourteen off-street parking spaces (two per unit) plus a garage provide supplemental income potential.

Getting Around

66
WalkingSomewhat Walkable
47
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

2/10
2/10
Fitchburg High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Concrete Perimeter,Stone
  • Roof: Shingle,Rubber
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Concrete,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 7
  • Full bathrooms: 7

Features

  • Living Room,Kitchen
  • Flooring: Vinyl,Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 4,188

Heating & Cooling

  • Heating features: Natural Gas,Floor Furnace
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 4,188
  • Total interior livable area: 4,188 sqft

Property

Details

  • Parcel number: M:0057 B:0050 L:0,1504609
  • Zoning: RC

Features

  • Patio & porch: Porch

Lot

  • Lot size: 0.50 Acres
  • Features: Other

Parking

  • Total spaces: 16
  • Parking features: Off Street,Deeded
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 14