29-31 Prospect Street

Fitchburg, MA 01420

$589,900
Price
8
Beds
3
Baths
3,258 Sq. Ft.
$181 / Sq. Ft.
3,258
Sq. Ft.
$181
per Sq. Ft.

Description

Welcome to 29-31 Prospect Street. Great opportunity to own a solid 3-family. Long term tenants await you in this beautifully architectural home just minutes from Downtown. All units separately metered for gas and electric, tenants pay their own utilities. Ready for new owners to just collect rent. Many of the original beautiful features are still present in the building. 3 fireplaces, high ceilings, wood floors & built-ins! Each unit has a private entrance and covered deck/patio for their enjoyment....Welcome to 29-31 Prospect Street. Great opportunity to own a solid 3-family. Long term tenants await you in this beautifully architectural home just minutes from Downtown. All units separately metered for gas and electric, tenants pay their own utilities. Ready for new owners to just collect rent. Many of the original beautiful features are still present in the building. 3 fireplaces, high ceilings, wood floors & built-ins! Each unit has a private entrance and covered deck/patio for their enjoyment. 4 separate gas zones and 3 separate 100 amp electrical boxes all new in 2004. Unit 1 & 2 were remodeled before tenants moved in. Big lot with parking area for 6 cars. Walk to the Post Office or Art Museum and just a short distance to Fitchburg State University (1.2 mi). Montachusett train station is located 1.1 mi or Wachusett station at 4.2 miles & close to Rt. 2. BIG demand for quality apartments in Fitchburg, rents are below market. First showing at Open House, Sat, April 6th 1130-1pm.
  1. Listed by Raquel Franco • Capital Real Estate Group LLC

Property Details for 29-31 Prospect Street

Town
Fitchburg
Area
MA-Fitchburg
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of Capital Real Estate Group LLC, Raquel Franco
Add your commute
LISTING UPDATED: 04/27/2024 03:07 AM

Property Details for 29-31 Prospect Street

StatusActive
MLS #73219722
Days on Market29
Taxes$6,368 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountyWorcester County

Location

Listing Courtesy of Capital Real Estate Group LLC, Raquel Franco
Add your commute

Building Information for 29-31 Prospect Street

Stories6Residences3Year Built1900Building Size-Lot Size0.34 AC / 14,989 SF

Payment Calculator

$3,750 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,219

Property Taxes

$531

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 29-31 Prospect Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
  • Living Area: 3258.0
  • Color: White
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Appraiser
Features
Interior Features
  • Basement Features: Full, Dirt Floor
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: Yes
  • Fireplaces: 3
  • Flooring: Varies, Laminate, Hardwood
  • Laundry Features: Electric Dryer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Balcony
  • Exterior Features: Balcony, Deck - Roof, Patio, Covered Patio/Deck
  • Patio And Porch Features: Deck - Roof, Patio, Covered
  • Roof Material: Slate
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Natural Gas, Individual
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Electric Dryer, Varies per Unit
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:0018 B:0046 L:0,1502210
  • Assessments: $430,000
  • Book: 8934
  • Tax Year: 2024
  • Zoning: RB
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Granite
Income / Expenses
  • GOI: $52,800.00
  • NOI: $52,800.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,400.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 29-31 Prospect Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 29-31 Prospect Street

Taxable ValueLand$73,500Additions$356,500Total$430,000
Tax Record2024$6,368 ($531 / month)
Home Facts
Baths3Total Finished SqFt3,258 SqFtAbove Grade Finished SqFt3,258 SqFtUnfinished Basement SqFt1,403 SqFtStories2Lot Size14,989 SqFtStyleTriplexYear Built1900Year Renovated1975ZoningRBCountyWORCESTERAPNFITC M:0018 B:0046 L:0Fireplace TypeHas Fireplace

Schools near 29-31 Prospect Street

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
Crocker Elementary School
PublicPK to 4

South Street 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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29-31 Prospect Street is a multi-family home for sale in Fitchburg, MA 01420. This property was listed for sale on April 3, 2024 by Capital Real Estate Group LLC, it's currently listed at $589,900. It has been on the market for a total of 29 days and was last sold on October 13, 2017. This listing's school district is Fitchburg School District. Nearby schools include Crocker Elementary School, South Street Elementary School and Reingold Elementary School. 29-31 Prospect Street is a 8-bed, 3-bath, 3,258 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 Capital Real Estate Group LLC, Raquel Franco

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.