$469,000
SOLD SEP 3, 2024

8 Arcadia Ave Fitchburg, MA 01420

4 Beds
4 Baths
2,332 Sq Ft
0.33 Acres

Recently Sold

$201 Per Sq Ft

6% Below List Price

17 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • Covered Patio or Porch

About This Home

As of September 2024

Discover the perfect investment opportunity with this charming 4-family home, ideally situated on a peaceful dead-end road. Enjoy the ultimate convenience with shopping, restaurants, and highways just moments away, making daily errands and commuting effortless. This property boasts significant updates, including a new furnace in 2015 and a brand-new water heater installed in 2023, ensuring modern comfort and efficiency. This meticulously maintained property promises excellent rental potential and is truly an investor's dream. Act now and secure this outstanding investment opportunity!

Last Agent to Sell the Property

Diane Vella

EXIT New Options Real Estate Listed on: 06/17/2024

Co-Listed By

Samantha Kreidler

Real Estate Exchange

Last Buyer's Agent

Walter Perez

Realty Vision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,335

Year Built

  • Built in 1917

Lot Details

  • 0.33 Acre Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,332 Sq Ft Home
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Family Room
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Unfinished Basement

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

Parking

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

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 4 Heating Zones
  • Heating System Uses Oil
  • Internet Available

Listing and Financial Details

  • Total Actual Rent $4,515
  • Rent includes unit 1(heat electric water hot water), unit 2(heat electric water hot water), unit 3(heat electric water hot water), unit 4(heat electric water hot water)
  • Assessor Parcel Number 1502680

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $54,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,335

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1917
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Vinyl, Carpet, Varies, Laminate, Hardwood
  • Interior Amenities: Internet Available - Unknown, Bathroom With Tub & Shower, Bathroom with Shower Stall, Kitchen, Family Room
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Living Area: 2332
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows, Screens
  • MAIN LO: H22100
  • LIST PRICE PER Sq Ft: 214.37
  • PRICE PER Sq Ft: 201.11
  • MAIN SO: H34700

Exterior Features

  • Exterior Features: Rain Gutters, Varies per Unit
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Deck, Covered
  • 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, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Oven
  • Heating: Oil
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 4
  • Hot Water: Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Heat,Electric,Water,Hot Water), Unit 2(Heat,Electric,Water,Hot Water), Unit 3(Heat,Electric,Water,Hot Water), Unit 4(Heat,Electric,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1502680
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Size Sq Ft: 14379
  • Lot Size Units: Acres
  • PAGE: 95
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5335
  • Tax Book Number: 8308

Multi Family

  • Gross Income: 54180
  • Net Operating Income: 54180
  • Number Of Units Total: 4
  • Total Actual Rent: 4515
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

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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 Change Sq Ft Price
09/03/2024 09/03/24 Sold $469,000 -6.2% $201 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $499,900 -- $214 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Diane Vella

    Seller's Agent in 2024

    Diane Vella

    EXIT New Options Real Estate

    (978) 870-7910

    47 Total Sales

    Diane Vella
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Samantha Kreidler

    Real Estate Exchange

    57 Total Sales

    Samantha Kreidler
    Section Image

  • W

    Buyer's Agent in 2024

    Walter Perez

    Realty Vision

    (978) 514-4596

    12 Total Sales

    Walter Perez
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73250999

MLS Property Information Network (MLS PIN)
Massachusetts Worcester County Fitchburg 01420

8 Arcadia Ave, Fitchburg, MA

This home is located at 8 Arcadia Ave, Fitchburg, MA 01420 and is currently priced at $469,000, approximately $201 per square foot. This property was built in 1917. 8 Arcadia Ave is a home located in Worcester County with nearby schools including Crocker Elementary School, South Street Elementary School, and Fitchburg High School.

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