NOT LISTED FOR SALE

359 Mechanic St Fitchburg, MA 01420

7 Beds
4.5 Baths
3,341 Sq Ft
0.32 Acres

Last Sold July 27, 2023

Last sale price $650,000 $195 Per Sq Ft

5 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Laundry Room
  • Property is near public transit
  • Porch
  • Shops

About This Home

As of July 2023

Investors or owner occupants take note of this sensational multi-family property with endless possibilities. Potential to expand adding additional units or a work/hobby shop from within its footprint. The architecture of this building has an appealing presence, graced with an expansive delightful farmers porch amplifying its charming curb. On entry one would find spacious sun-lit rooms highlighted with gleaming hardwood floors, well-appointed kitchens and a surplus of closet/storage spaces in most units. Other updates include renovated kitchens and baths in two of the units, newer appliances and replacement windows throughout. Some units have separate utilities. The property proudly showcases a beautiful garden variety of shrubs and floral beds surrounding the home boasting eight (8) full-size parking spaces, attached storage shed and roomy two-car garage. Easy access to Fitchburg’s downtown shopping and business district.

Last Agent to Sell the Property

Ana Silveira

J. Barrett & Company Listed on: 06/15/2023

Last Buyer's Agent

Traci LaVanway

Coldwell Banker Realty - Leominster

Coldwell Banker Realty - Leominster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,413

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Gentle Sloping Lot

Parking

  • 2 Car Garage
  • Driveway
  • Guest Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • 3,341 Sq Ft Home
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Slate Roof

Kitchen

  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Unfinished Basement

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

Outdoor Features

  • Outdoor Storage
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Fitchburg High School

Utilities

  • 5 Heating Zones
  • Heating Available
  • 220 Volts
  • 200+ Amp Service
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,100
  • Rent includes unit 4(gas hot water)
  • Assessor Parcel Number 1510276

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Building Details

  • Insurance Expense $4,285
  • Water Sewer Expense $4,601
  • Operating Expense $10,987
  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,413

Year Built

Built in 1890 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1890
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Vinyl,Carpet,Laminate,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Wall to Wall Carpet), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Crown Molding,Stone/Granite/Solid Counters,Bathroom with Shower Stall), Unit 2(Bathroom With Tub & Shower), Unit 3(Ceiling Fans,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Kitchen,Family Room,Living RM/Dining RM Combo), Unit 4 Rooms(Living Room,Kitchen)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Microwave,Refrigerator,Vent Hood), Unit 3(Range,Refrigerator,Washer / Dryer Combo), Unit 4(Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bathrooms: 4.5
  • Laundry Features: Washer Hookup, Unit 2 Laundry Room
  • Basement: Full, Walk-Out Access, Interior Entry, Dirt Floor, Unfinished
  • Living Area: 3341
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 179.59
  • PRICE PER Sq Ft: 194.55
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle, Slate
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned, Guest, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Heating: Unit 1(Steam,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Electric: 110 Volts, 220 Volts, Fuses, Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 5

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, Public School, University
  • Rent Includes: Unit 4(Gas,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4601

Lot Info

  • Parcel Number: 1510276
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Sq Ft: 14032
  • Lot Size Units: Acres
  • PAGE: 239
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6413
  • Tax Book Number: 10339

Multi Family

  • Gross Income: 13200
  • Insurance Expense: 4285
  • Net Operating Income: 13200
  • Number Of Units Total: 4
  • Operating Expense: 10987
  • Total Actual Rent: 1100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 2
  • LEVELS 3: 2
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 2

MLS Schools

  • High School: Fitchburg High

Range of Values:

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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
07/27/2023 07/27/23 Sold $650,000 +8.3% $195 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $600,000 +31.9% $180 / Sq Ft
05/25/2022 05/25/22 Sold $455,000 +1.1% $108 / Sq Ft View Prior Sale
04/18/2022 04/18/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $450,000 -- $107 / 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: 73125194

MLS Property Information Network (MLS PIN)