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FOR SALE | $670,000 | 3-Unit Multi-Family | 40 Edwards St, Fitchburg, three-family asset delivering $5,400 monthly - $64,800 annually - in gross rental income. Extensively capital-improved with new electrical service, sub-metered panels, full plumbing replacement, and updated unit-level electrical throughout. Two renovated units feature granite countertops, modern cabinetry, mini-split HVAC, updated flooring, and stainless steel appliances. Exterior freshly painted. Off-street parking. Owner-paid water. Strong in-place tenancy with immediate cash flow and value-add upside on the third unit. Ideal for the 1031 exchange buyer or portfolio investor seeking a low-maintenance, income-producing asset in a growing Central Massachusetts market. Images used are from before the rental agreements

More Info

Basic Information

  • Gross Income $64,800
  • Listing Terms Contract
  • Lot Features Cleared
  • Mls StatusNew
  • Parcel Number M:0076 B:0080 L:0,1505858
  • Rent Includes Unit 1(Water), Unit 2(Water)

Location

  • Address40 Edwards Street
  • Building Number40
  • CountyWorcester
  • StateMA
  • StreetEdwards Street
  • TownFitchburg
  • Zip01420

Exterior

  • Exterior Features Balcony/Deck
  • RoofRubber

Utilities

  • Cooling Wall Unit(s), Heat Pump
  • Cooling YN Yes
  • Electric 110 Volts,220 Volts
  • Heat SystemYes
  • Heating Forced Air, Heat Pump, Electric
  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed06/02/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $405,000
  • Tax Year 2025
  • Taxes$5,472

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath3

Building

  • BasementFull, Walk-Out Access, Interior Entry, Concrete, Slab
  • Building Area Units Square Feet
  • Construction Materials Post & Beam, Cement Board
  • Door Features Insulated Doors, Storm Door(s)
  • FireplaceYes
  • Fireplaces Total 3
  • FoundationStone, Granite
  • Levels 3
  • Patio And Porch Features Covered
  • Rooms15
  • Stories3
  • Units3
  • Utilities For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup, Varies Per Unit
  • Window Features Insulated Windows, Screens
  • Year Built1905
  • Year Built Details Approximate
  • Year Built Source Public Records

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Assigned, Paved
  • Parking Spaces6

Basic Information

  • List Price$679,000
  • MLS Number73528118
  • Modification Date06/03/2026
  • Property SubType3 Family - 3 Units Up/Down

Property

  • Acreage0.12
  • Other Structures Shed(s)

Interior

  • Flooring Tile, Vinyl, Stone/Ceramic Tile
  • Interior Features
    • Bathroom With Tub & Shower
    • Kitchen
    • Laundry Room
    • Living Room
    • Remodeled
    • Smart Thermostat
    • Stone/Granite/Solid Counters
    • Upgraded Cabinets
    • Walk-In Closet(s)

Property Information

  • Building Area Source Public Records
  • Living Area 2,508
  • Lot Size Square Feet 5,036
  • Lot Size Units Acres
  • Square Feet2,508

Amenities

  • AmenitiesPark
  • Appliances IncludedRange, Refrigerator
  • Green Energy Efficient Varies per Unit
  • Other AmenitiesBasement, Fireplace

Map Location

Listed by Edward Perez of Edward Perez

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