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18-22 Hartwell St, Fitchburg, MA, 01420

9beds
5baths
5,946sqft
$750,000
$126price/sqft
$6,049/moest. monthly cost
$241,960/yrincome needed

About This Home

Investors take notice! Don't miss this well-maintained 5-unit multifamily property located in an up-and-coming downtown area with strong rental appeal. Ideally situated within walking distance to markets, restaurants, churches, schools, the library, bus stops, and the commuter rail station, this location offers convenience for tenants. The apartments have been well cared for and are in excellent condition, making this a great addition to any investment portfolio. Each unit features separate utilities, helping to simplify property management and tenant billing. Municipal parking is conveniently located nearby. A solid investment opportunity in a growing area!

Getting Around

79
WalkingVery Walkable
45
TransitSome Transit
53
BikeBikeable

Schools

3/10
2/10
Fitchburg High SchoolGrades 9-122.6 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Granite,Other
  • Roof: Tar/Gravel
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Up/Down

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Interior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Pantry,Bathroom with Shower Stall,Living Room,Kitchen,Laundry Room,Office/Den
  • Flooring: Wood,Vinyl,Laminate
  • Finished area above ground: 5,946

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 5,946
  • Total interior livable area: 5,946 sqft

Property

Details

  • Parcel number: 1503774
  • Zoning: DB
  • Foundation area: 1408

Features

  • Patio & porch: Porch
  • Has view: Yes
  • View description: City View(s)

Lot

  • Lot size: 3,602 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Hurricane
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,792$45,504
Home Insurance *$304$3,648
Property Taxes $781$9,372
Electricity $1,172$14,070
Total$6,049$72,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$207,394/yr
40% on housing$181,470/yr
45% on housing$161,306/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$126This listing

vs Other Active Listings

Avg $/sqft

ZIP 01420$213
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01420$263
Worcester County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-23Listed for sale$750,000
2026-02-26Listing removed$819,000
2026-02-03Price change$819,000
2026-01-06Listed for sale$839,000

For Sale by Agent

AgentPaula Valente
BrokerageReal Estate Exchange

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