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282 Charles St Fitchburg — Photo 1 of 15

282 Charles St Fitchburg — Photo 1 of 15

$524,900

Investment Analysis — 282 Charles St

Fitchburg, MA 01420

Based on rent reported on the MLS listing, a 3-unit multi-family in 01420 carries $4,050/mo in gross rent — about a 5.73% cap rate and $30,096/yr in estimated NOI at the $524,900 list price. Adjust every assumption in the calculator below.

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Beds

6

Baths

3

SqFt

2,196

Style

3 Family

Built

1897

Don't miss this exceptional value and rare investment opportunity in Fitchburg! Nestled on a peaceful, quiet residential street, this three-family property offers the timeless curb appeal with the feel of a single-family home. Not your standard triple decker! This property features two ample sized one bed apartments and a large 2 level 2nd floor apartment with four bedrooms! Positioned just a short distance from the popular Fitchburg Rock Walk, the location provides the perfect balance of tranquil neighborhood living and easy access to scenic outdoor recreation, downtown amenities, and the MBTA Commuter Rail. Property also features separated gas and electric, off street parking, and a fenced in back yard! Priced To Sell!... don't wait or you may miss the opportunity!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$524,900
Annual Taxes$6,840

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms12
FireplacesNone
FlooringWood, Vinyl
BasementFull, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofSlate
FoundationGranite, Irregular
ZoningRB

Property & Lot

Acres0.11
SqFt Lot4,970
Lot FeaturesLevel

Neighborhood

Walk/Jog Trails • Private School • T-Station • University

Geography

Listing Provided By

Listing Agent: Nicholas L. Pelletier

Listing Office: Keller Williams Realty North Central

MLS® Number: 73585512