Listing Tools

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

More Info

Basic Information

  • Gross Income $64,800
  • Listing Terms Contract
  • Lot Features Cleared
  • Mls StatusNew
  • Parcel Number M:0076 B:0080 L:0,1505858
  • Rent Includes Unit 1(Water), Unit 2(Water)

Tax Information

  • Tax Assessed Value $405,000
  • Tax Year 2025
  • Taxes$5,472

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Assigned, Paved
  • Parking Spaces6

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath3

Basic Information

  • List Price$679,000
  • MLS Number73528118
  • Modification Date06/03/2026
  • Property SubType3 Family - 3 Units Up/Down

Location

  • Address40 Edwards Street
  • Building Number40
  • CountyWorcester
  • StateMA
  • StreetEdwards Street
  • TownFitchburg
  • Zip01420

Building

  • BasementFull, Walk-Out Access, Interior Entry, Concrete, Slab
  • Building Area Units Square Feet
  • Construction Materials Post & Beam, Cement Board
  • Door Features Insulated Doors, Storm Door(s)
  • FireplaceYes
  • Fireplaces Total 3
  • FoundationStone, Granite
  • Levels 3
  • Patio And Porch Features Covered
  • Rooms15
  • Stories3
  • Units3
  • Utilities For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup, Varies Per Unit
  • Window Features Insulated Windows, Screens
  • Year Built1905
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.12
  • Other Structures Shed(s)

Interior

  • Flooring Tile, Vinyl, Stone/Ceramic Tile
  • Interior Features
    • Bathroom With Tub & Shower
    • Kitchen
    • Laundry Room
    • Living Room
    • Remodeled
    • Smart Thermostat
    • Stone/Granite/Solid Counters
    • Upgraded Cabinets
    • Walk-In Closet(s)

Exterior

  • Exterior Features Balcony/Deck
  • RoofRubber

Utilities

  • Cooling Wall Unit(s), Heat Pump
  • Cooling YN Yes
  • Electric 110 Volts,220 Volts
  • Heat SystemYes
  • Heating Forced Air, Heat Pump, Electric
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,508
  • Lot Size Square Feet 5,036
  • Lot Size Units Acres
  • Square Feet2,508

Amenities

  • AmenitiesPark
  • Appliances IncludedRange, Refrigerator
  • Green Energy Efficient Varies per Unit
  • Other AmenitiesBasement, Fireplace

Legal

  • ZoningRC

Other

  • Date Listed06/02/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Edward Perez of Edward Perez

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Castles Unlimited. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.