Janet Cramb & Company/LAER Realty Partners



Posted by Janet Cramb on 4/29/2021

This Multi-Family in Fitchburg, MA recently sold for $297,000. This style home was sold by Janet Cramb - Janet Cramb & Company/LAER Realty Partners.


25 Wood St, Fitchburg, MA 01420

Multi-Family

$259,000
Price
$297,000
Sale Price

2
Units
1,950
Approx. GLA
"Location! Location! Located directly behind Fitchburg State University Athletic and Rec Center. Great investor turnkey opportunity, high rental rates, surplus of student demand, all major mechanicals updated, and excellent cashflow. 3BDRM unit on 2nd floor and 2BDRM unit on first floor. Currently fully rented by Fitchburg State University Students w/TAW agreements ending in June. Very low historical vacancy rates w/students renting on 1 year leases from June to June. 3 year old separated Natural Gas Navien all-in-one heating systems, 6 year old asphalt shingle roof, vinyl newer windows, separated updated electrical, updated plumbing, 3 year old fridges and ovens, recent interior updating and renovations! Mass Save, full blown-in insulation throughout all walls and attic 1 year ago. Some off street parking. Low Maintenance side yard. Basement storage/ workshop w/separate locked door for Landlord/ Owner/Property Manager. OPEN HOUSE SATURDAY 12:30 - 2:00 pm

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Categories: Sold Homes