$659,900

70 Myrtle Ave, FITCHBURG, FITCHBURG, MA 01420

8Beds

4Baths

4,404Sq Ft

1900Built

HomeType

About this home

Opportunity to generate over $7,000 in monthly rental income, far exceeding the 1% rule! TWO UNITS WILL BE DELIVERED VACANT, creating an immediate opportunity for an owner-occupant or investor to take advantage of current market rents. Located in the heart of Fitchburg near downtown, Fitchburg State University, the commuter rail, and everyday conveniences, this expansive 4-family offers serious income potential. The property features separate utilities throughout, including in-unit gas furnaces, individual water heaters, four 100-amp electrical panels plus a separate landlord panel, and coin-op laundry available for tenant use. All units are lead compliant. The attached garage offers approximately 432 sq. ft. and may provide future ADU potential, subject to buyer due diligence and necessary approvals. With five off-street parking spaces, strong rental potential, and two vacant units ready for immediate occupancy or lease-up, this is a great opportunity to house hack or add a high-income multifamily property to your portfolio.