Active Under Contract
42 Days on market
123 Myrtle Ave Fitchburg — Photo 1 of 31

123 Myrtle Ave Fitchburg — Photo 1 of 31

Recent Drop: $20,000

$619,000
$599,000

$599,000

123 Myrtle Ave, Fitchburg, MA 01420

Fitchburg, MA 01420

Beds

12

Baths

3

SqFt

4,144

Style

3 Family

Built

1910

Investor Opportunity! 3-family property in a prime rental location just a short walk to Fitchburg State University. Each spacious unit features 4 bedrooms and is currently leased to college students, generating $2,000 per month per unit ($6,000 monthly gross income) with leases through May 2027. All units have separate utilities, making management more efficient for investors. Conveniently located near the MBTA commuter rail station, MART bus routes, shopping, restaurants, coffee shops, churches, and other local amenities. All units are occupied with leases in place, providing immediate, steady rental income. Whether you're looking to expand your portfolio or make your first investment, this income-producing property is one you won't want to miss! All hot water heaters and heating systems are new.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$145/sqft
Local Avg (Fitchburg)$209/sqft
31% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Fitchburg, MA.

Property Details

Financials

Original Price$619,000
Annual Taxes$6,213

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms18
FireplacesNone
FlooringWood, Vinyl
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationStone
ZoningRC

Property & Lot

Acres0.12
SqFt Lot5,114
Lot FeaturesCorner Lot

Neighborhood

Public Transportation • Park • Public School • T-Station • University • Sidewalks

Geography

Property History

Price Drop
$599,000

Was $619,000

Aug 25, 2026

MLS® 73561635

Listed
$619,000

Jul 30, 2026

MLS® 73561635

Sold
$88,300

Sep 28, 2010

MLS® 71135520

Listed
$80,000

Sep 11, 2010

MLS® 71135520

Population

41,839

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$73K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

45.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Paula Valente

Listing Office: Real Estate Exchange

MLS® Number: 73561635

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