$590,000
SOLD OCT 25, 2022

387 Water St Fitchburg, MA 01420

10 Beds
3.5 Baths
4,959 Sq Ft
4,981 Sq Ft Lot

Recently Sold

$119 Per Sq Ft

2% Below List Price

112 Days on Market

Highlights

  • Medical Services
  • Community Pool
  • Park
  • Property is near public transit
  • Jogging Path
  • 1-minute walk to Sadie Quatrale Park

About This Home

As of July 2025

Back on the market, buyer's Financing fell apart. Great 3 family with 3 car garage and a nice home office space, plenty of parking and fully rented 4 bedroom, 3 bedroom ,3 bedroom. Great cash flow.

Last Agent to Sell the Property

Harold Mateo

RSC Global Realty Listed on: 06/04/2022

Last Buyer's Agent

Mary Koontz-Daher

Weichert Realtors' Daher Companies

Weichert Realtors' Daher Companies

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,019

Year Built

  • Built in 1900

Lot Details

  • 4,981 Sq Ft Lot

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking

Home Design

  • 4,959 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms

Basement

  • Partial Basement
  • Block Basement Construction

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,450
  • Assessor Parcel Number M:0082 B:0091 L:0,1506417

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Community Pool
  • Park
  • Jogging Path

Building Details

  • Net Operating Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,019

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 2
  • 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

  • Fireplace YN: No
  • Appliances: Gas Water Heater,Water Heater
  • Total Bedrooms: 10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Partial, Concrete
  • Living Area: 4959
  • Stories Total: 6
  • MAIN LO: H95139
  • LIST PRICE PER Sq Ft: 118.77
  • PRICE PER Sq Ft: 118.98
  • MAIN SO: AN0395

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Electric: 110 Volts
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0082 B:0091 L:0,1506417
  • Zoning: NB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4981
  • Lot Size Units: Acres
  • PAGE: 138
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6019
  • Tax Book Number: 9760

Multi Family

  • Gross Income: 38400
  • Net Operating Income: 38400
  • Number Of Units Total: 3
  • Total Actual Rent: 4450
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2025
Closed on
Jul 31, 2025
Sold by
Belen Carmen
Bought by
Aquino Alexander B
Seller's Agent
Coa Realty Group
Empire Real Estate™
Buyer's Agent
Coa Realty Group
Empire Real Estate™
List Price
$689,000
Sold Price
$720,000
Premium/Discount to List
$31,000
4.5%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.92%
Original Mortgage
$669,750
Outstanding Balance
$669,180
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$11,670

Purchase Details

Listed on
Jun 4, 2022
Closed on
Oct 25, 2022
Sold by
Nin Seawlanny
Bought by
Belen Carmen
Seller's Agent
Harold Mateo
RSC Global Realty
Buyer's Agent
Mary Koontz-Daher
Weichert Realtors' Daher Companies
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$579,211
Interest Rate
5.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $720,000 --
Deed $720,000 --
Deed $590,000 None Available
Deed $590,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $669,750 New Conventional
Closed $669,750 New Conventional
Previous Owner $579,211 FHA
Previous Owner $308,000 New Conventional
Previous Owner $250,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $30,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $170,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Sold $720,000 +4.5% $145 / Sq Ft
06/27/2025 06/27/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $689,000 +16.8% $139 / Sq Ft
10/25/2022 10/25/22 Sold $590,000 +0.2% $119 / Sq Ft
09/25/2022 09/25/22 Pending -- -- --
09/17/2022 09/17/22 Price Changed $589,000 -1.7% $119 / Sq Ft
09/12/2022 09/12/22 For Sale $599,000 0.0% $121 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $599,000 0.0% $121 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $599,000 -14.3% $121 / Sq Ft
06/04/2022 06/04/22 For Sale $699,000 +81.6% $141 / Sq Ft
10/20/2020 10/20/20 Sold $385,000 -14.4% $78 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $450,000 -- $91 / 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 $8,090 $598,800 $86,000 $512,800
2024 $7,752 $523,400 $51,100 $472,300
2023 $6,208 $387,500 $39,200 $348,300
2022 $6,019 $341,800 $34,400 $307,400
2021 $5,387 $283,100 $26,100 $257,000
2020 $5,046 $256,000 $21,400 $234,600
2019 $3,511 $191,100 $29,700 $161,400
2018 $0 $163,600 $27,300 $136,300
2017 $0 $148,800 $24,900 $123,900
2016 -- $150,900 $24,900 $126,000
2015 -- $159,300 $26,100 $133,200
2014 -- $163,500 $26,100 $137,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72992400

MLS Property Information Network (MLS PIN)

APN: FITC-000082-000091