55-57 Airport Road

Fitchburg, MA 01420

$470,000
Last Sold Price
4
Beds
2
Baths
2
1/2 Baths
6,233 Sq. Ft.
$75 / Sq. Ft.
6,233
Sq. Ft.
$75
per Sq. Ft.

Description

Price improvement! Second chance opportunity! A 2-unit residential building plus a commercial building on the same lot! Operate your business plus take in additional income from the 2-unit building next door or live in one of the units for owner occupied. Each unit in 2-unit building has 2 bedrooms, kitchen, living room and bath. The commercial building offers the opportunity for retail, warehouse and office space. Retail store front with office space on the first and second floors, warehouse storage...Price improvement! Second chance opportunity! A 2-unit residential building plus a commercial building on the same lot! Operate your business plus take in additional income from the 2-unit building next door or live in one of the units for owner occupied. Each unit in 2-unit building has 2 bedrooms, kitchen, living room and bath. The commercial building offers the opportunity for retail, warehouse and office space. Retail store front with office space on the first and second floors, warehouse storage with loading entrance in the back plus 2,400 sq ft basement storage space. Steel I-Beam Construction. Spacious conference room. Updated electrical and flat roof for commercial building. Parking on site. Tax & assessments amounts shown are for both buildings combined. Buyer/buyer's agent to do their own due diligence. Residential rents below market rate per owner. Current commercial space yields $18,000/year not included in current gross income. Inquire for
  1. Listed by Michelle Haggstrom • Keller Williams Realty North Central

Property Details for 55-57 Airport Road

Town
Fitchburg
Area
MA-Fitchburg
Garage Spaces
0
Parking Spaces
13.00
Parking Spaces Total
13

Location

Listing Courtesy of Keller Williams Realty North Central, Michelle Haggstrom

Sold By Keller Williams Realty North Central, Kathleen Walsh

Add your commute
LISTING UPDATED: 07/17/2023 02:45 PM

Property Details for 55-57 Airport Road

StatusSold
MLS #73067649
Days on Market116
Taxes$8,933 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1920
CountyWorcester County

Location

Listing Courtesy of Keller Williams Realty North Central, Michelle Haggstrom

Sold By Keller Williams Realty North Central, Kathleen Walsh

Add your commute

Building Information for 55-57 Airport Road

Stories3Residences2Year Built1920Building Size-Lot Size0.23 AC / 10,000 SF

Payment Calculator

$3,309 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,565

Property Taxes

$744

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 55-57 Airport Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Cash
  • Living Area: 6233.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 4.0
  • Num of Full Baths: 2
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot, Level
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Any and all measurements are approximate. Seller has never lived in property. Seller and seller's agent make no warranties. Current commercial building tenant occupies space as a tenant-at-will fabric shop. One residential unit tenant-at-will,one has lease to 9/23. Buyer to conduct due diligence.
Tax Information
  • Tax ID: M:0133 B:0054 L:0
  • Assessments: $557,600
  • Book: 7938
  • Tax Year: 2023
  • Zoning: C
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • Annual Expenses Source: Owner, Other (See Remarks)
  • GOI: $47,100.00
  • GRE: $18,000
  • NOI: $29,100.00
  • Operating Expense: $18,000.00
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: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $1,925.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 55-57 Airport Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 55-57 Airport Road

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
Reingold Elementary School
PublicPK to 4

Crocker Elementary School
PublicPK to 4

South Street 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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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 Keller Williams Realty North Central, Michelle Haggstrom

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.