Skip To Content
    Return to Previous Page

    196-198 Water St

    Fitchburg, MA 01420
    • $275,000
    • STATUS: Active
    • MLS #: 72772140
    UPDATED: 11 min ago
    $275,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,202
      SQFT
    • $65
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Scott Simpson of Century 21 North East.

    Description

    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.

    Monthly Payment Calculator



    The property listing data and information 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 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 set forth herein. Data last updated 2021-02-26T07:10:04.667.
    www.bostonareahomeclick.com/homes/113053274
    Print Image

    196-198 Water St Fitchburg, MA 01420

    • Price: $275,000
    • Status: Active
    • Updated: 11 min ago
    • MLS #: 72772140
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    4,202
    SQFT
    $65
    $/SQFT
    1900
    Built
    Neighborhood:
    Other
    County:
    Worcester
    Area:
    Other
    Property Description
    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.
    Exterior Features

    Location Downtown Parking Features Open11-20 SpacesPaved DrivewayOn Site Parking Spaces 12 Roof Material Shingle Stories 3

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 1162.00 Rsf Building Sq Ft 3040.00 Total Building Sq Ft 4202.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 78500.00 Assessed Value Land 28000.00 Assessed Value Total 106500.00 Commercial Industrial Type Commercial Condo Association No Disclosure No Disclosures Unit Sizes Are Estimates From Public Record. Net income is Based On Proforma. Parcels include Lots 17 And 69 On Assessors Map Attached To Listing. Exchange No Gross Annual Expense 8886.00 Gross Annual Income 42600.00 Lease No Lender Owned No Mau Units 0 Net Operating Income 33714.00 Ofu Units 2 On File21 E No Reu Units 2 Rsu Units 2 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2020 Taxes 2099.11 Utilities Public WaterPublic SewerNatural Gas Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning Cbd

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Scott Simpson of Century 21 North East.


    The property listing data and information 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 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 set forth herein. Data last updated 2021-02-26T07:10:04.667.
     
    https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72772140_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72772140_1.jpg https://bt-photos.global.ssl.fastly.net/mlspin/orig_boomver_1_72772140_1.jpg
    Logo
    RE/MAX Unlimited
    420 Harvard St. Suite 1
    Brookline MA, 02446
    Listing courtesy of Scott Simpson of Century 21 North East.