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Christian Iantosca

christian@arborviewcompanies.com +1(617) 543-0501

$699,900

Est. payment - /mo

8 Beds

5 Baths

5,543 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 5,543 sqft

Price per Sqft $126

MLS Listing ID 73557326

Bedrooms 8

Full Baths 5

Year Built 1890

Annual Tax Amount $8,262

Tax Year 2026

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

Investors take notice! This well-maintained 5-unit multifamily property presents an outstanding opportunity to expand your investment portfolio or begin building long-term wealth through real estate. Held by the same family for an incredible 136 years, this property reflects generations of pride in ownership and thoughtful maintenance. Offering strong rental appeal, three units are currently occupied by tenants at will, while additional income potential exists with the remaining units. One oversized apartment was originally two separate units and has been combined into a spacious residence, providing flexibility for future rental strategies. Major improvements include vinyl siding, vinyl replacement windows, a flat rubber roof approximately 10 years old, a new boiler approximately 2 years old, newer gas heaters, and six electric meters. Separate utilities help simplify property management and tenant billing. Inside, the building retains much of its original character with beautiful ornate woodwork, impressive 4¼-inch window and door casings, original five-panel interior doors, and hardwood flooring throughout much of the property. Conveniently located minutes to Twin City Rail Trail and near shopping, restaurants, churches, markets, bus stops, and the commuter rail station, this property offers the accessibility of today's tenants value. Whether you're a seasoned investor seeking dependable cash flow or a buyer looking to enter the multifamily market with confidence, this is a rare opportunity to own a solid income-producing property with a remarkable history and excellent upside potential.

Location

State MA

County Worcester

Zoning NB

Direction Rte. 12 (Water Street), Bemis Road

Rooms

Basement Full, Interior Entry

Interior

Interior Features Living Room, Kitchen, Office/Den

Heating Natural Gas, Space Heater, Steam

Flooring Wood, Carpet

Appliance Range, Refrigerator, Washer, Dryer

Laundry Washer Hookup, Dryer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 2.0

Community Features Public Transportation, Shopping, Golf, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks

Utilities Available for Gas Range, for Gas Dryer, Washer Hookup, Varies per Unit

Roof Type Rubber

Total Parking Spaces 9

Garage Yes

Building

Lot Description Cleared

Story 5

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by LAER Realty Partners

NEARBY SCHOOL & BUSINESS

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Christian Iantosca

+1(617) 543-0501

Principal Broker & Founder | License ID: 9086154

Principal Broker & Founder License ID: 9086154

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52 Bemis Rd Fitchburg, MA 01420

Christian Iantosca

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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52 Bemis Rd