Property is Fire Damaged (Photo is pre-fire) and will require extensive renovation; will not qualify for traditional financing.
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Great opportunity for flip or for buy-renovate-and-hold – tailor the building to maximize your profit.
Quiet side street with all the benefits of Fitchburg location, and plenty of parking. Property currently consists of Two 1Bed-1Bath, One 2Bed-1Bath, and One 3Bed-1Bath apartments*.
GLA: 3,124 Sq Ft.;
Lot: 7,747 Sq Ft (.18 acre);
Apartment 1: 1 Bed/ 1 Bath, Projected, post-renovation: $600+ Monthly
Apartment 2: 1 Bed/ 1 Bath, Projected, post-renovation: $600+ Monthly
Apartment 3: 3 Bed/ 1 Bath, Projected, post-renovation: $900+ Monthly
Apartment 4: 2 Bed/ 1 Bath, Projected, post-renovation: $650+ Monthly
Total Rent Roll Expected - $2,800 monthly*
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*Buyers should conduct due diligence on zoning/future usage; Seller makes no warranties on future usage.
post id: 6913237603
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