Excellent opportunity for investors to acquire a three-family property with strong upside potential in a highly desirable location. Each unit offers a functional layout with two bedrooms, one bathroom, a living room, dining room, and kitchen. The third-floor unit is currently owner-occupied, providing flexibility for repositioning, future rental income, or an owner-occupant strategy. All units are very sunny and bright, creating attractive living spaces for tenants. This property is ideal for an investor looking to gain sweat equity, improve rents over time, and add value through updates. Located close to Route 2, Shopping and the rail trail, the property offers excellent commuter access and long-term rental demand. Property is being sold as is. A compelling value-add multi-family investment opportunity in a sought-after location. Showings only at Open Houses – Saturday 1/10/26 10am-1pm and Sunday 1/11/2026 10am – 1pm. ***Offer Deadline Monday 1/12 5pm***
- Heating System:
- Oil
- Basement:
- Full
- Parking:
- Off Street, Paved Drive
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Lead Paint:
- Unknown
- Market Time:
- 19
- Parking Spaces:
- 6
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $139
- Zoning:
- NB
- No Units:
- 3
- Orig Price:
- $550,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Fitchburg
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01420
- Longitude:
- W72° 12' 56.8''
- Latitude:
- N42° 34' 10.5''
Residential Income
748 Water St, Fitchburg, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $550,000
- Bedrooms :
- 6
- Rooms :
- 15
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 4,134 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.26 Acre
- Listing ID :
- 73466600
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com