40 Edwards St, Fitchburg, MA 01420
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
40 Edwards St,Fitchburg, MA 01420
$649,000
- 8 Beds
- 3 Baths
- 2,508 sq. ft.
- Multi-family
- Active
Listed by: edward perez
Office: edward perez
MLS#:73528118
Source:MLSPIN
Price summary
- Price:$649,000
- Price per sq. ft.:$258.77
About this home
FOR SALE | $649,000 | 3-Unit Multi-Family | 40 Edwards St, Fitchburg, three-family asset delivering $5,400 monthly — $64,800 annually — in gross rental income. Extensively capital-improved with new electrical service, sub-metered panels, full plumbing replacement, and updated unit-level electrical throughout. Two renovated units feature granite countertops, modern cabinetry, mini-split HVAC, updated flooring, and stainless steel appliances. Exterior freshly painted. Off-street parking. Owner-paid water. Strong in-place tenancy with immediate cash flow and value-add upside on the third unit. Ideal for the 1031 exchange buyer or portfolio investor seeking a low-maintenance, income-producing asset in a growing Central Massachusetts market. Images used are from before the rental agreements
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Home facts
- Year built:1905
- Listing ID #:73528118
- Updated:November 12, 2026 at 12:02 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:15
- Flooring:Tile, Vinyl
- Bathrooms Description:Bathroom With Tub & Shower
- Kitchen Description:Kitchen, Range, Refrigerator
- Basement Description:Concrete, Full, Interior Entry, Slab, Walk-Out Access
- Living area:2,508 sq. ft.
Heating and cooling
- Cooling:6 Cooling Zones, Heat Pump, Wall Unit(s)
- Heating:Electric, Forced Air, Heat Pump
Structure and exterior
- Roof:Rubber
- Year built:1905
- Building area:2,508 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Cleared
- Construction Materials:Cement Board, Post & Beam
- Exterior Features:Balcony/Deck, Covered
- Foundation Description:Granite, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$649,000
- Price per sq. ft.:$258.77
- Tax amount:$5,472 (2025)
Features and amenities
- Appliances:Range, Refrigerator
- Laundry features:Electric Dryer Hookup, Washer Hookup
- Amenities:Walk-in Closet(s)
Parking
- Total parking spaces:6
- Parking description:Assigned, Off Street, Paved, Paved Drive
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