43 Highland Avenue

Fitchburg, MA 01420

$849,900
Price
10
Beds
4
Baths
4,388 Sq. Ft.
$194 / Sq. Ft.
4,388
Sq. Ft.
$194
per Sq. Ft.

Description

Beautiful & historic building currently being used as a 9 bed group home with a long term tenant offering insanely passive cash flow! Great location walking distance to Fitchburg State, Commuter Rail & more. The 1st floor features 3 bedrooms (1 of these bedrooms is currently being used as an office), 1 office, a common laundry area, stunning fireplaced foyer and access to the separate 1 bedroom apartment. The 2nd floor features a common kitchen, dining and living room, 2 full bathrooms, 1 office...Beautiful & historic building currently being used as a 9 bed group home with a long term tenant offering insanely passive cash flow! Great location walking distance to Fitchburg State, Commuter Rail & more. The 1st floor features 3 bedrooms (1 of these bedrooms is currently being used as an office), 1 office, a common laundry area, stunning fireplaced foyer and access to the separate 1 bedroom apartment. The 2nd floor features a common kitchen, dining and living room, 2 full bathrooms, 1 office and 3 bedrooms. The 3rd floor has another full bathroom and 3 bedrooms. Recent updates include roof (3 y/o) & windows (5 y/o), hot water tank (2 y/o). The barn offers additional finish potential with storage space, a large second floor and 2 garage stalls w/ newer doors. Long term tenant handles most everything, owner pays taxes & insurance.
  1. Listed by Maria Troka • A & E Realty Company, Inc.

Property Details for 43 Highland Avenue

Town
Fitchburg
Area
MA-Fitchburg
Garage Spaces
2
Parking Spaces
23.00
Parking Spaces Total
25

Location

Listing Courtesy of A & E Realty Company, Inc., Maria Troka
Add your commute
LISTING UPDATED: 05/24/2024 03:28 PM

Property Details for 43 Highland Avenue

StatusActive
MLS #73205609
Days on Market68
Taxes$6,881 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - Rooming House
Year Built1900
CountyWorcester County

Location

Listing Courtesy of A & E Realty Company, Inc., Maria Troka
Add your commute

Building Information for 43 Highland Avenue

Stories3Residences9Year Built1900Building Size-Lot Size0.38 AC / 16,649 SF

Payment Calculator

$5,212 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,638

Property Taxes

$573

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 43 Highland Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
  • Living Area: 4388.0
  • Color: Yellow
  • SqFt with Basement: No
  • Total Units: 9
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Tile, Varies, Hardwood
  • Interior Features: Living Room, Dining Room, Kitchen, Laundry Room, Mudroom, Office/Den
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Barn/Stable, Porch
  • Other Structures: Barn/Stable
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Common, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Common, Paved Driveway
  • Parking Features: Off-Street, Common, Paved Driveway
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Front porch needs some minor repairs on the front left side. 10th bedroom is currently being used as an office. Retaining wall on left side of property is sloping and may be in need of repointing but has not moved in many years per seller.
Tax Information
  • Tax ID: M:0045 B:0014 L:0,1504043
  • Assessments: $464,600
  • Book: 0
  • Tax Year: 2024
  • Zoning: RC
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone, Granite
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Electricity: $480.00
  • Annual Expenses Source: Owner
  • GOI: $86,400.00
  • Gross Scheduled Income: $.00
  • Insurance: $2,616.00
  • GRE: $730
  • HTE: $0
  • MGF: $0
  • MSE: $0
  • RFS: $0
  • RME: $250
  • Operating Expense: $730.00
  • WSE: $.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 0
Unit 2 Description
  • Floor U2: 0
  • Lease U2: Y
  • Levels U2: 0
Unit 3 Description
  • Floor U3: 0
  • Lease U3: Y
  • Levels U3: 0
Unit 4 Description
  • Floor U4: 0
  • Lease U4: Y
  • Levels U4: 0
Rental Info
Rental Info
  • Total Actual Rent: $8,294.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 1.0

Property History for 43 Highland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 43 Highland Avenue

Taxable ValueLand$57,300Additions$407,300Total$464,600
Tax Record2024$6,881 ($573 / month)
Home Facts
Baths2.5Total Finished SqFt4,388 SqFtAbove Grade Finished SqFt4,388 SqFtUnfinished Basement SqFt1,512 SqFtStories3Lot Size16,649 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1975ZoningRCCountyWORCESTERAPNFITC M:0045 B:0014 L:0Fireplace TypeHas Fireplace

Schools near 43 Highland Avenue

This home is within Fitchburg School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 4
Public - PK to 4
Public - PK to 12
Rating
School
Distance
South Street Elementary School
PublicPK to 4

Crocker Elementary School
PublicPK to 4

Reingold Elementary School
PublicPK to 4

Fitchburg High School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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43 Highland Avenue is a multi-family home for sale in Fitchburg, MA 01420. This property was listed for sale on February 26, 2024 by A & E Realty Company, Inc., it's currently listed at $849,900. It has been on the market for a total of 68 days and was last sold on July 31, 2008. This listing's school district is Fitchburg School District. Nearby schools include South Street Elementary School, Crocker Elementary School and Reingold Elementary School. 43 Highland Avenue is a 10-bed, 4-bath, 4,388 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of A & E Realty Company, Inc., Maria Troka

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.