This well-maintained three-family property offers strong investment fundamentals with tenants paying all utilities, helping keep operating expenses low. Recent capital improvements include an updated electrical service and newer water heaters, providing peace of mind for the next owner.Situated on a generous corner lot, the property also includes the adjacent lot, offering additional outdoor space and potential future possibilities (buyers to perform their own due diligence regarding permitted uses). Off-street parking, a large yard, and a desirable layout further enhance tenant appeal.Conveniently located near downtown Fitchburg, Route 2, the MBTA Commuter Rail, shopping, restaurants, schools, and local employers, this property is well-positioned to attract and retain tenants.
Parking:
3-car, Paved Drive, Off Street
Lot Description:
Corner Lot
Amenities:
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
21 Winthrop St, Fitchburg, MA, 01420
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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