40 Edwards St, Fitchburg, MA 01420

  • Price Changed
  • Price Reduced$16,000

 $649,000

  • 8 BedroomBedrooms
  • 3 BathroomBathrooms
  • 4,284 Sq.Ft.
  • Multi-Family
  • Price Changed
  • MLS# 73528118
  • Sold On
  • Rental
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Source MLS Verified

PROPERTY DESCRIPTION

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

Property Details

General

  • County: Worcester
  • Acreage: 0.12
  • Beds: 8
  • Full Bathrooms: 3
  • Year Built: 1905
  • Sq. Ft.: 4,284
  • Lot Description: Cleared
  • Garage/Parking Spaces: 0.00

Interior Features

  • Interior Features: Stone/Granite/Solid Counters, Upgraded Cabinets, Walk-In Closet(s), Bathroom With Tub & Shower, Smart Thermostat, Remodeled, Living Room, Kitchen, Laundry Room

Financial Considerations

  • Tax Amount: $5,472
  • Tax Year: 2025

Activity

  • Days On Market: 144
  • List Date: 06/02/2026
 

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