748 Water St

Fitchburg, MA 01420
  • $550,000

    Price
  • 6

    Bed
  • 3

    Bath
  • 4,134

    SqFt

About the Listing NB3534 - CN228433

Excellent opportunity for investors to acquire a three-family property with strong upside potential in a highly desirable location. Each unit offers a functional layout with two bedrooms, one bathroom, a living room, dining room, and kitchen. The third-floor unit is currently owner-occupied, providing flexibility for repositioning, future rental income, or an owner-occupant strategy. All units are very sunny and bright, creating attractive living spaces for tenants. This property is ideal for an investor looking to gain sweat equity, improve rents over time, and add value through updates. Located close to Route 2, Shopping and the rail trail, the property offers excellent commuter access and long-term rental demand. Property is being sold as is. A compelling value-add multi-family investment opportunity in a sought-after location. Showings only at Open Houses - Saturday 1/10/26 10am-1pm and Sunday 1/11/2026 10am - 1pm. ***Offer Deadline Monday 1/12 5pm***

Listing Highlights

Status Pending
Days on Site 38
Property Type Multi-Family
MLS ® 73466600
Year Built 1900
Total Square Footage 4,134
Lot/Acreage 0.26
County Worcester

Interior Details

  • Bedrooms: 6
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Oil
  • Fireplaces: 0
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Zoning: NB
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Paved Drive,Off Street,Parking Spaces: 6

Financial Details

  • Tax Amount: $6,347
  • Taxes w/Assessments: $469,800
  • Tax/Property ID: M:0122 B:0005 L:0,1508922
  • Tax Year: 2025

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748 Water St Fitchburg, MA 01420

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Originating MLS: MLS Property Information Network

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