168 Lunenburg St, Fitchburg, MA 01420
- $1,099,995
- 14
- BD
- 7
- BA
- 9,368
- SqFt
- List Price
- $1,099,995
- Status
- ACTIVE
- MLS#
- 73553976
- Bedrooms
- 14
- Bathrooms
- 7
- Full Baths
- 7
- Living Area
- 9,368
- Lot Size (Acres)
- 0.09
- Year Built
- 1940
Property Description
7-Unit Mixed-Use in Fitchburg – Six Renovated Residential Units, New Roof, Commercial Space. 168 Lunenberg Street is a mixed-use building with six fully renovated residential units, new roof, and a commercial space on the ground floor. The building offers fourteen bedrooms across the six residential units, all currently occupied. Current in-place rents total $11,490 a month. There is room to push rents closer to $12,000 as units turn over, giving a buyer both immediate income and a clear path to grow it. The ground-floor commercial space is currently occupied without a lease, giving the next owner flexibility in the future. Paired with a fully renovated residential component and a new roof, 168 Lunenberg Street offers a buyer stabilized cash flow today with meaningful upside built in as rents and the commercial space are brought up to their full potential. Open House Saturday 8/1 2pm-4pm
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Additional Information
- Taxes
- $7,142
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Candor Investment Group from Listing Office: eXp Realty LLC.
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