NOT LISTED FOR SALE

14 Myrtle Ave Fitchburg, MA 01420

North of Main Neighborhood
10 Beds
4 Baths
4,200 Sq Ft
3,920 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $480,000 $114 Per Sq Ft

5 Days on Market

Highlights

  • City View
  • Deck
  • Park
  • Granite Flooring
  • Property is near public transit
  • Shops

About This Home

As of September 2021

OPEN HOUSE SUN. AUG. 8, 2021 FROM 1 TO 3 P.M. WOW!!!! THIS 4 unit HAS A GROSS ANNUAL INCOME OF OVER $50,000 with a cap rate that exceeds 8%!!! Existing tenants offer a 30-year combined tenancy that provides stability while also allowing for additional growth. All units are tenancy at will with separate gas and electric utilities. Two of the units have a lead compliance certificate in hand. The location is perfect to capture commuters on the train, college students attending FSU, or people working downtown. All are within walking distance! Plenty of stores, restaurants, and entertainment close by including parks and the YMCA. Don't miss this opportunity to be located in the heart of lots of new development in this great city!

Last Agent to Sell the Property

Michele Mathieu

LAER Realty Partners Listed on: 08/06/2021

LAER Realty Partners

Last Buyer's Agent

Lien Vuong

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,721

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 4,200 Sq Ft Home
  • Insulated Windows
  • City Views
  • Storm Doors
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Granite

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 8 Car Parking Spaces
  • Stone Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Crocker Elementary School
  • Memorial Middle School
  • Fitchburg High School

Utilities

  • 4 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,190
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:0056 B:0009 L:0,1504530

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Electric Expense $347
  • Insurance Expense $1,880
  • Water Sewer Expense $1,653
  • Operating Expense $12,661
  • Net Operating Income $50,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,721

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Varies Per Unit, Wall to Wall Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Gas Water Heater,Electric Water Heater, Utility Connections for Electric Range, Utility Connections Varies per Unit
  • Total Bedrooms: 10
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup, Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Full, Walk-Out Access, Interior Entry
  • Living Area: 4200
  • Stories Total: 7
  • Window Features: Insulated Windows
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 106.9
  • PRICE PER Sq Ft: 114.29
  • MAIN SO: AN6527

Exterior Features

  • Foundation Details: Block, Granite
  • Frontage Length: 37
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: City
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Stone/Gravel, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, Washer Hookup, Varies per Unit
  • Heating: Unit 1(Gas), Unit 2(Gas,Radiant), Unit 3(Hot Water Baseboard,Gas), Unit 4(Gas,Radiant)
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Water Sewer Expenses: 1653

Lot Info

  • Parcel Number: M:0056 B:0009 L:0,1504530
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Gentle Sloping
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 3911
  • PAGE: 179

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8721
  • Tax Book Number: 10058

Multi Family

  • Electric Expense: 347
  • Gross Income: 50280
  • Insurance Expense: 1880
  • Net Operating Income: 50280
  • Number Of Units Total: 4
  • Operating Expense: 12661
  • Total Actual Rent: 4190
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 1

MLS Schools

  • High School: Fitchburg
  • Elementary School: Crocker
  • Middle Or Junior School: Memorial

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $480,000 +6.9% $114 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $449,000 -- $107 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michele Mathieu

    Seller's Agent in 2021

    Michele Mathieu

    Laer Realty

    (978) 534-3100

    2 in this area

    68 Total Sales

    Michele Mathieu
    Section Image
  • Lien Vuong

    Buyer's Agent in 2021

    Lien Vuong

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (781) 244-2669

    1 in this area

    190 Total Sales

    Lien Vuong
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72877549

MLS Property Information Network (MLS PIN)

APN: FITC M:0056 B:0009 L:0

Massachusetts Worcester County Fitchburg 01420 North of Main

14 Myrtle Ave, Fitchburg, MA

This home is located at 14 Myrtle Ave, Fitchburg, MA 01420 since 06 August 2021. This property was built in 1900. 14 Myrtle Ave is a home located in Worcester County with nearby schools including South Street Elementary School, Crocker Elementary School, and Reingold Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes