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IN PLACE 7% CAP RATE. Turnkey seven-unit investment property in Fitchburg with major capital upgrades completed and good tenancy in place. Six one-bedroom units and one two-bedroom, five fully renovated. Current ownership's extensive improvement program significantly reduces near-term capital requirements for an incoming investor: full electrical upgrade with individual panels and meters, heating system replacements in most units, renovated laundry room, new garage roof and door, upgraded exterior egress and emergency lighting, and comprehensive landscaping. Most units are individually gas metered, with separation infrastructure in place at the remainder requiring only final connection. $120,000 in place income with meaningful upside; two tenancy-at-will units offer immediate opportunity to bring rents to market. Large lot with fourteen off-street parking spaces, two per unit, plus a garage for supplemental income - parking you rarely get in Fitchburg.

More Info

Basic Information

  • Gross Income $119,400
  • Lot Features Other
  • Mls StatusActive
  • Parcel Number M:0057 B:0050 L:0,1504609

Tax Information

  • Tax Assessed Value $532,300
  • Tax Year 2025
  • Taxes$7,191

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Parking Features Off Street, Deeded
  • Parking Spaces16

Rooms

  • Bathroom7
  • Bathrooms Total Decimal 7
  • Bedrooms8
  • Full Bath7

Basic Information

  • List Price$1,229,000
  • MLS Number73511393
  • Modification Date07/23/2026
  • Property SubType5-9 Family

Location

  • Address44 Winter Street
  • Building Number44
  • CountyWorcester
  • StateMA
  • StreetWinter Street
  • TownFitchburg
  • Zip01420

Building

  • BasementFull, Interior Entry, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter, Stone
  • Garage Spaces2
  • Levels 5
  • Patio And Porch Features Porch
  • Rooms22
  • Stories5
  • Units7
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.5

Interior

  • Flooring Vinyl, Hardwood
  • Interior Features Living Room, Kitchen

Exterior

  • RoofShingle, Rubber

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric Individually Metered
  • Heat SystemYes
  • Heating Natural Gas, Floor Furnace
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,188
  • Lot Size Square Feet 21,819
  • Lot Size Units Acres
  • Square Feet4,188

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningRC

Other

  • Date Listed05/01/2026
  • Farm Land Area Units Square Feet
  • View Count16

Map Location

Driving Directions

Listed by James Glickman of NAI Glickman Kovago & Jacobs

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