196-198 Water StreetFitchburg, MA 01420MLS Number 72772140

  • Price: $290,000
  • 21 Days on Market
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Federal 30-year interest rate: 2.77% last updated on Jan 21, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420196-198 Water Street Fitchburg MA 01420
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  • 0.19Acreage
  • 1900Year Built
  • 4,202Square Feet
This mixed use property is a perfect investment opportunity. Within walking distance to downtown, public transportation, T-Station, shopping and Fitchburg State University, it's in a fantastic location.. There are 2 Commercial/Retail units on the ground level and 2 residential units on the upper levels. The residential units have been beautifully remodeled and each has 5 rooms, 3 Bedrooms and 1 bath. The kitchens have new cabinets with quartz countertops, recessed lighting and SS appliances. The bath has a fully tiled shower and ceramic tile floors. There are hardwood floors throughout the kitchen and living rooms. Each unit has W/D hookups and security system. The commercial units are wide open with large picture windows facing the street. They do need to have mini splits installed and bathroom fixture and flooring installed. Some other cosmetic work is required as well. Sale includes property at 196-198 Water and the parking lot at 203-209 Water Street.
Listed by Scott Simpson of Century 21 North East

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More Info

Parking

  • Parking Spaces12
  • Parking FeatureOpen,11-20 Spaces, Paved Driveway, On Site
  • Total Parking Spaces12

Building

  • Year Built1900
  • Total Bldg Sf4202
  • Rsu Units2
  • Reu Units2
  • No Buildings1
  • No Stories3
  • Entry OnlyNo
  • Assessed Value Bldg78500

Basic Information

  • MLS Number72772140
  • Prop TypeCI
  • Status Date2021-01-06T17:18:00
  • Date Listed01/06/2021
  • List Price$290,000
  • Price Per Square Foot$69
  • LeaseNo
  • DirectionWater Street is Rt 12. Near intersection of Nashua and Water
  • MLS StatusActive

Exterior

  • Roof MaterialShingle

Utilities

  • UtilitiesPublic Water, Public Sewer, Natural Gas

Photos

  • Photo Date2021-01-06T17:18:00
  • Number of Photos28

Other

  • Modification Date2021-01-13T13:34:00
  • Certificate Number9444
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresUnit sizes are estimates from public record. Net income is based on Proforma. Parcels include lots 17 and 69 on Assessors map attached to listing.
  • Book8350
  • Listing AgreementExclusive Right to Sell
  • Off Bldg Sf1162
  • Rsf Bldg Sf3040
  • Ref Bldg Sf1162
  • ExchangeNo
  • Firm Rmk1Property being sold as-is. City requires the parking lot to be paved for full occupancy permit. Quote is in hand.
  • Page288
  • View Count42

Location

  • StreetWater Street
  • TownFitchburg
  • StateMA
  • Zip01420
  • Zip Code 45433
  • CountyWorcester
  • LocationDowntown

Property

  • Acreage0.19
  • Net Operating Inc33714
  • Space AvailableFor Sale
  • Square Feet4,202
  • SubletNo
  • Gross Annual Exp8886
  • Lot Size8173
  • Gross Annual Income42600
  • Condo AssociationNo
  • Assessed Value Land28000
  • Main LoAN4339

Your Local Office

Foster-Healey Real Estate, Inc. (Leominster Office)

Foster-Healey Real Estate, Inc. (Leominster Office)

50 Central Street,
Leominster, MA 01453

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.

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