FOR SALE | $670,000 | 3-Unit Multi-Family | 40 Edwards St, Fitchburg, three-family asset delivering $5,400 monthly — $64,800 annually — in gross rental income. Extensively capital-improved with new electrical service, sub-metered panels, full plumbing replacement, and updated unit-level electrical throughout. Two renovated units feature granite countertops, modern cabinetry, mini-split HVAC, updated flooring, and stainless steel appliances. Exterior freshly painted. Off-street parking. Owner-paid water. Strong in-place tenancy with immediate cash flow and value-add upside on the third unit. Ideal for the 1031 exchange buyer or portfolio investor seeking a low-maintenance, income-producing asset in a growing Central Massachusetts market. Images used are from before the rental agreements
- Heating System:
- Heat Pump, Forced Air, Electric
- Cooling System:
- Heat Pump, Wall Unit(s)
- Basement:
- Full, Slab, Walk-out Access, Interior Entry, Concrete
- Parking:
- Assigned, Off Street, Paved, Paved Drive
- Appliances:
- Range, Refrigerator
- Construction:
- Cement Board, Post & Beam
- Exterior Unit Features:
- Balcony/deck
- Flooring:
- Tile, Vinyl, Stone/ceramic Tile
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- 110 Volts, 220 Volts
- Garage Parking
- Interior Features:
- Kitchen, Walk-in Closet(s), Stone/granite/solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Living Room, Smart Thermostat, Remodeled, Laundry Room
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup, Electric Dryer Hookup
- Rent Fee Includes:
- Unit 1(water), Unit 2(water)
- Market Time:
- 3
- Parking Spaces:
- 6
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $267
- Zoning:
- RC
- No Units:
- 3
- Orig Price:
- $679,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Price Changed
- City:
- Fitchburg
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01420
- Longitude:
- W72° 10' 45.2''
- Latitude:
- N42° 34' 32.9''
Residential Income
40 Edwards St, Fitchburg, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $670,000
- Bedrooms :
- 8
- Rooms :
- 15
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 2,508 Sqft
- Year Built :
- 1905
- Lot Area :
- 0.12 Acre
- Listing ID :
- 73528118
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
