Pegasus Realty Group
BEDS14
BATHS7 full
SQUARE FEET9,368
MLS#73553976
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
7-Unit Mixed-Use in Fitchburg ?? Six Renovated Residential Units, New Roof, Vacant Commercial Space. 168 Lunenberg Street is a mixed-use building with six fully renovated residential units, new roof, and a vacant commercial space on the ground floor. The building offers fourteen bedrooms across the six residential units, all currently occupied, with in-place rents totaling $10,438 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 vacant, giving the next owner flexibility to lease it out or run a business from it. 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 7/25 & Sunday 7/26 2pm-4pm
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Lot Size: 0.09 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $7,142
Year Built: 1940
Feature Descriptions
Building Area Total: 9368
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 2
Dwelling Type: 5-9 Family
Exterior: Frame
Flooring: Vinyl, Carpet
Lot Features: Corner Lot
Parcel Number: M:0046 B:0014 L:0,1504162
Parking Total: 0
Rooms Total: 20
Sewer: Public Sewer
Units: 7
Utilities: for Gas Range
Water: Public
Listed By / Shown By
Listed By
Agency Name: eXp Realty LLC
Agent Name: Candor Investment Group
Agency Phone: 888-854-7493
Shown By
Agent Name: Pegasus Realty Group
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 3,364.11 per month $2,448.11 Principal & Interest $595.17 Property Tax $320.83 Homeowner's Insurance
168 Lunenburg St | MLS# 73553976
This multi-family property located at 168 Lunenburg St, Fitchburg, MA 01420 is currently listed for sale with an asking price of $1,099,995. Search Fitchburg real estate on pegasusrealtygroup.masiellogrouprealestate.com today.