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Investor Opportunity! 3-family property in a prime rental location just a short walk to Fitchburg State University. Each spacious unit features 4 bedrooms and is currently leased to college students, generating $2,000 per month per unit ($6,000 monthly gross income). All units have separate utilities, making management more efficient for investors. Conveniently located near the MBTA commuter rail station, MART bus routes, shopping, restaurants, coffee shops, churches, and other local amenities. All units are occupied with leases in place, providing immediate, steady rental income. Whether you're looking to expand your portfolio or make your first investment, this income-producing property is one you won't want to miss! All hot water heaters and heating systems are new.

More Info

Basic Information

  • Gross Income $72,000
  • Listing Terms Contract
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 1503231
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $459,900
  • Tax Year 2025
  • Taxes$6,213

Parking

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

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms12
  • Full Bath3

Basic Information

  • List Price$619,000
  • MLS Number73561635
  • Modification Date08/11/2026
  • Property SubType3 Family

Location

  • Address123 Myrtle Avenue
  • Building Number123
  • CountyWorcester
  • StateMA
  • StreetMyrtle Avenue
  • TownFitchburg
  • Zip01420

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms18
  • Stories3
  • Units3
  • Utilities Varies Per Unit
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.12

Interior

  • Flooring Wood, Vinyl

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 4,144
  • Lot Size Square Feet 5,114
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet4,144

Amenities

  • Amenities
    • Park
    • Public School
    • Public Transportation
    • Sidewalks
    • T-Station
    • University
  • Other AmenitiesBasement

Legal

  • ZoningRC

Other

  • Date Listed08/10/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Paula Valente of Real Estate Exchange

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