$1,094,995

About this home

7-Unit Mixed-Use in Fitchburg – Six Renovated Residential Units, New Roof, Commercial Space. 168 Lunenberg Street is a mixed-use building with six fully renovated residential units, new roof, and a commercial space on the ground floor. The building offers fourteen bedrooms across the six residential units, all currently occupied. Current in-place rents total $11,490 a month. There is room to push rents closer to $12,000 as units turn over, giving a buyer both immediate income and a clear path to grow it. The ground-floor commercial space is currently occupied without a lease, giving the next owner flexibility in the future. Paired with a fully renovated residential component and a new roof, 168 Lunenberg Street offers a buyer stabilized cash flow today with meaningful upside built in as rents and the commercial space are brought up to their full potential. Open House Saturday, August 22th, 10:00 AM–12:00 PM.

Property details

MLS #

73553976

Property type

Home

Year built

1940

Interior

9,368 ft2

Status

Active

Listed by

Boston Realty

Listed 4 days ago

Facts & features

Location