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$619,000

123 Myrtle Ave, Fitchburg MA 01420
Fitchburg, MA 01420
Listed by Paula Valente
Bedrooms
12
Bathrooms
3
Living area
4,144 sqft
Year built
1910

About this home

Investor Opportunity! 3-family property in a prime rental location just a short walk to Fitchburg State University. Each spacious unit features 4 bedrooms and is currently leased to college students, generating $2,000 per month per unit ($6,000 monthly gross income). All units have separate utilities, making management more efficient for investors. Conveniently located near the MBTA commuter rail station, MART bus routes, shopping, restaurants, coffee shops, churches, and other local amenities. All units are occupied with leases in place, providing immediate, steady rental income. Whether you're looking to expand your portfolio or make your first investment, this income-producing property is one you won't want to miss! All hot water heaters and heating systems are new.

Property details

MLS #
73561635
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
21
On market date
July 30, 2026
Stories
3
Garage spaces
N/A
Lot size
0.12 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
McKay Arts Academy
0.59 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
663
Student:teacher ratio
13.0:1
District
Fitchburg
Middle
Arthur M Longsjo Middle School
0.52 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
648
Student:teacher ratio
13.5:1
District
Fitchburg
High
Goodrich Academy
0.72 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
158
Student:teacher ratio
19.8:1
District
Fitchburg

Mortgage calculator

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Est. monthly payment
$3,878/mo
$123,800 down
$495,200 loan
Principal & interest$3,212
Property tax (est.)$516
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 6 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.