Map location of 5 7 Mt. Vernon, Fitchburg, MA 01420
$550,000
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5 7 Mt. Vernon, Fitchburg, MA 01420

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7 Beds
5 Baths
3,414 Sq Ft

This investment property is a turnkey, 5-unit building near downtown Fitchburg. It is comprised of four one-bedroom apartments and one three-bedroom apartments. This building has seen capital improvements and cost-saving measures, including aluminum siding, several upgraded windows to a vinyl replacement, some unit renovations, partial roof replacement, foundation pointing, and electric water heater replacement. Two apartments will be conveyed vacant for a buyer to establish their rental income. This property is a perfect investment for someone looking for a stable building that can produce a solid return with its low operating expenses, as all tenants pay for their heat and electricity. An estimated proforma shows the ability to gross $66,000 in 2024. With the proper rental income and additional building improvements, this property will surely turn a profit for any investor.

Listing By: mamlspin Realty.com
  • MLS# 73309769
  • Date Listed11/05/2024
  • Bedrooms 7
  • Bathrooms 5 Full baths
  • Lot Size 0.1 acres (4,399 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County Worcester
  • Year Built 1900
  • Water Public
  • Square Feet 3,414 sq. ft
  • Price Per Sq. Ft $161.1

Interior Features

  • Appliances Range, Refrigerator, Electric Water Heater
  • Flooring Wood, Vinyl, Carpet, Hardwood
  • Heating Natural Gas, Electric

Exterior / Lot Features

  • Exterior Rain Gutters
  • Roof Shingle, Slate
  • Lot Size Acres 0.10
  • Lot Size SQFT 4,399.00
  • Lot Features -

Directions

Heading West on Main St. Take Rt on Blossom, 1st Lt on Crescent, 1st Rt on Mt Vernon. 2nd on Right.

Financial Considerations

  • Tax Amount $6,356
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Mckay Arts Academy

Public • PK - 8 • Serves this home

0.87 mi

Distance

South Street Elementary School

Public • PK - KG

1.32 mi

Distance

Crocker Elementary School

Public • PK - 4

1.95 mi

Distance

Bennett

Public • PK - PK

6.88 mi

Distance

Lunenburg Primary School

Public • PK - 2

7.35 mi

Distance

Arthur M Longsjo Middle School

Public • 5 - 8 • Serves this home

0.73 mi

Distance

Memorial Intermediate School

Public • 6 - 8

1.62 mi

Distance

Sizer School

Public • 7 - 12

1.72 mi

Distance

Lunenburg Middle School

Public • 6 - 8

5.93 mi

Distance

Turkey Hill Elementary School

Public • 3 - 5

5.93 mi

Distance

Sky View Middle School

Public • 6 - 8

7.13 mi

Distance

Goodrich Academy

Public • 9 - 12 • Serves this home

1.29 mi

Distance

Fitchburg High School

Public • 9 - 12

3.83 mi

Distance

Leominster Center For Excellence

Public • 9 - 12

3.86 mi

Distance

Montachusett Regional Vocational Technical

Public • 9 - 12

5.19 mi

Distance

Leominster Senior High School

Public • 9 - 12

5.46 mi

Distance

Leominster High School & Center For Technical Educ

Public • 9 - 12

5.46 mi

Distance

Lunenburg High School

Public • 9 - 12

5.93 mi

Distance

Notre Dame Preparatory School

Private • 05 - 12

0.34 mi

Distance

St Bernards Cent Catholic High School

Private • 09 - 12

1.29 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in MA / 01420

Source: Walkscore

81/100

Very Walkable

Walk Score ®

40/100

Some Transit

Transit Score ®

37/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

Transit Summary

27 nearby routes: 26 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 20/100, Transit Score: 13/100, Bike Score: 18/100.

Points of Interest near 5 7 Mt. Vernon, Fitchburg, MA 01420

Frequently Asked Questions for 5 7 Mt. Vernon

Source: Realty.com

5 7 Mt. Vernon, Fitchburg, MA 01420 is a Multi Family, Residential Income property listed for $550,000 The property is 3414 sq. ft with 7 bedrooms and 5 bathrooms

Realty.com has 38 photos of 5 7 Mt. Vernon.

Our records indicate that 5 7 Mt. Vernon was built in 1900.

The full address for this home is 5 7 Mt. Vernon, Fitchburg, MA 01420.

5 7 Mt. Vernon has been listed on Realty.com since Tue November 05, 2024

Most errands can be accomplished on foot. A few nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 20/100, Transit Score: 13/100, Bike Score: 18/100.

There are 3 schools assigned to this home. Check out the schools near 5 7 Mt. Vernon. Mckay Arts Academy (Grades: PK - 8), Arthur M Longsjo Middle School (Grades: 5 - 8), Goodrich Academy (Grades: 9 - 12)

Listing provided courtesy of: Elm Grove Realty, Llc (tel: 603-821-0077)
Listing agent: Michelle Peterson (tel: 603-831-6933) (#CN211496)

This content last refreshed on 2025-12-18 02:40:42. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 5 7 Mt. Vernon, Fitchburg, MA 01420 : MLS# 73309769

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