NOT LISTED FOR SALE

2-4 Joslin Place Fitchburg, MA 01420

Estimated Value: $493,978 - $567,000

9 Beds
3 Baths
3,540 Sq Ft
$145/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $360,000 $102 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,197/month

7 Days on Market

About This Home

As of November 2021

3 Unit Multi-Family, Double Lot, Downtown Location. Walk to Moran Sq, Fitchburg State University & MBTA Station. Three (3) Bedroom Apts with Separate Gas Heat, Electric & Hot Water. Plenty of Off Street Parking, Separate Lot for Outdoor Fun or Additional Parking. 2 Means Of Egress, Full Unfinished Basement, Nicely Updated & Fully Occupied Apts. Love the Natural Gas Heat, Classic Mansard Roof and Lots of Off Street Parking. Enjoy this Low Maintenance Building, Strong Rental History, Opportunity for Amazing Cash Flow. Fitchburg Rental Market is Red-Hot w/ BIG Demand for Quality Rentals. Come See...

Last Agent to Sell the Property

Michael Beaudoin

Coldwell Banker Realty - Leominster Listed on: 09/01/2021

Coldwell Banker Realty - Leominster

Last Buyer's Agent

Sam Kiwanuka

Cameron Real Estate Group

Cameron Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,054

Year Built

  • 1892

Lot Details

  • 8,712

Additional Features

  • Property has 1 Level
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,054

Year Built

1892

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • SUB AGENCY OFFERED: No
  • Year Round: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Summer St to Joslin Place - close to Moran Sq and MBTA transportation center
  • Garage Yn: No
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1892

Interior Features

  • Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Gas Water Heater,Tank Water Heater, Utility Connections Varies per Unit
  • Has Basement: Interior Entry, Concrete, Unfinished
  • MAIN LO: AN6181
  • MAIN SO: AC0756
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Varies Per Unit
  • Interior Amenities: Unit 1(Cathedral/Vaulted Ceilings), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 6

Exterior Features

  • Roof: Shingle, Tar/Gravel
  • Exterior Features: Varies per Unit
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: Investor Owned, Limited Information And Representation. All 3 Apartments Will Be Delivered Fully Occupied At Closing.
  • Home Warranty: No
  • Lot Features: Corner Lot, Level
  • Patio And Porch Features: Enclosed
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas,Individual,Unit Control), Unit 2(Central Heat,Gas,Individual,Unit Control), Unit 3(Central Heat,Gas,Individual,Unit Control)
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, T-Station
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community: No

Fee Information

  • Annual Water Sewer Expense: 5181

Lot Info

  • LOT SIZE: 8520
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 8712
  • Zoning: RC

Multi Family

  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
  • Annual Gross Income: 13020
  • Insurance Expense: 1268
  • Property Net Operating Income: 13020
  • Number Of Units Total: 3
  • Annual Operating Expense: 6449
  • Total Actual Rent: 2925

Tax Info

  • Tax Annual Amount: 4236
  • Tax Book Number: 7046
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Cooper Judith M
Bought by
Aishi Realty Llc
Current Estimated Value
$514,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Outstanding Balance
$373,653
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$140,592

Purchase Details

Listed on
Sep 1, 2021
Closed on
Nov 8, 2021
Sold by
Sterling Hill Prop Llc
Bought by
Cooper Judith M
Seller's Agent
Michael Beaudoin
Coldwell Banker Realty - Leominster
Buyer's Agent
Sam Kiwanuka
Cameron Real Estate Group
List Price
$349,900
Sold Price
$360,000
Premium/Discount to List
$10,100
2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$270,000
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2016
Sold by
Sterling Hill Holdings
Bought by
Sterling Hill Properti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,040,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2009
Sold by
Fidelity Coop Bk
Bought by
Sterling Hill Ent Llc and Hill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aishi Realty Llc -- Misc Company
Aishi Realty Llc -- Misc Company
Aishi Realty Llc -- Misc Company
Cooper Judith M $360,000 None Available
Cooper Judith M $360,000 None Available
Cooper Judith M $360,000 None Available
Sterling Hill Properti -- --
Sterling Hill Properti -- --
Sterling Hill Properti -- --
Sterling Hill Ent Llc $90,000 --
Fidelity Coop Bk $120,000 --
Sterling Hill Ent Llc $90,000 --
Sterling Hill Ent Llc $90,000 --
Fidelity Coop Bk $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aishi Realty Llc $378,000
Closed Aishi Realty Llc $378,000
Previous Owner Cooper Judith M $270,000
Previous Owner Sterling Hill Properti $5,040,000
Previous Owner Sterling Hill Ent Llc $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2021 11/10/21 Sold $360,000 +2.9% $102 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $349,900 -- $99 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,054 $448,100 $87,000 $361,100
2024 $5,495 $371,000 $53,000 $318,000
2023 $5,346 $333,700 $40,600 $293,100
2022 $4,721 $268,100 $35,700 $232,400
2021 $4,236 $222,600 $27,100 $195,500
2020 $3,887 $197,200 $22,200 $175,000
2019 $3,125 $152,500 $30,800 $121,700
2018 $2,824 $134,400 $28,300 $106,100
2017 $2,699 $125,600 $25,900 $99,700
2016 $2,703 $127,300 $25,900 $101,400
2015 $2,750 $133,000 $27,100 $105,900
2014 $2,705 $136,400 $27,100 $109,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72888936

MLS Property Information Network (MLS PIN)

APN: FITC-000057-000034-A000000