NOT LISTED FOR SALE

214 Rollstone St Fitchburg, MA 01420

8 Beds
4 Baths
2,880 Sq Ft
5,902 Sq Ft Lot

Last Sold October 05, 2024

Last sale price $704,900 $245 Per Sq Ft

7 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Shops
  • Deck
  • Park
  • 4-minute walk to Laurel St park

About This Home

As of October 2024

Welcome to this exceptional 4-unit multi-family property, a prime opportunity for savvy investors looking to add a high-performing asset to their portfolio. This well-maintained building (Recently upgrades: Roof, siding, renovation in 3 of the 4 units, basement finish, coin-op laundry and more) offers a steady income stream with a gross rent of $7,000.00 (2 Leases and 2 TAW) and potential for future appreciation. Whether you're an investor seeking a high-performing asset or a future homeowner looking for supplemental income, this property delivers on all fronts. Don't miss this gem out!

Last Agent to Sell the Property

Felipe Ladeira

Dell Realty Inc. Listed on: 08/13/2024

Last Buyer's Agent

Angelica Dosari

Invest Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,566

Year Built

  • Built in 1930

Lot Details

  • 5,902

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,880 Sq Ft Home
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Range
  • Finished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 14 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating System Uses Natural Gas
  • 200+ Amp Service

Additional Features

  • Deck
  • 5,902 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $7,000
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:0053 B:0035 L:0,1504422

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park

Building Details

  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,566

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1930
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Kitchen, Living RM/Dining RM Combo
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Finished
  • Living Area: 2880
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN1378
  • MAIN SO: NB5311

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 14

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Varies per Unit
  • Heating: Natural Gas
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Laundromat, House of Worship, Private School, Public School, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0053 B:0035 L:0,1504422
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 5902
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7566

Multi Family

  • Net Operating Income: 84000
  • Number Of Units Total: 4
  • Total Actual Rent: 7000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

Range of Values:

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Sold Price
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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 Prior Sale
10/05/2024 10/05/24 Sold $704,900 +2.2% $245 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $689,999 +31.2% $240 / Sq Ft
09/16/2022 09/16/22 Sold $526,000 +0.2% $183 / Sq Ft View Prior Sale
08/22/2022 08/22/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $525,000 -0.2% $182 / Sq Ft
08/21/2022 08/21/22 Off Market $526,000 -- --
08/13/2022 08/13/22 Pending -- -- --
08/11/2022 08/11/22 Price Changed $525,000 0.0% $182 / Sq Ft
08/11/2022 08/11/22 For Sale $525,000 -2.6% $182 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $539,000 +2.5% $187 / Sq Ft
05/31/2022 05/31/22 Off Market $526,000 -- --
05/14/2022 05/14/22 Price Changed $539,000 0.0% $187 / Sq Ft
05/14/2022 05/14/22 For Sale $539,000 -3.6% $187 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $559,000 +508.9% $194 / Sq Ft
10/21/2013 10/21/13 Sold $91,800 -3.9% $32 / Sq Ft View Prior Sale
09/21/2013 09/21/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $95,500 -- $33 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73277318

MLS Property Information Network (MLS PIN)