Active
53 Days on market
142 Madison St Fitchburg — Photo 1 of 5

142 Madison St Fitchburg — Photo 1 of 5

$620,000

142 Madison St, Fitchburg, MA 01420

Fitchburg, MA 01420 — Fitchburg

Beds

9

Baths

3

SqFt

3,591

Style

3 Family

Built

1920

Exceptional Investment Opportunity in Fitchburg, MA – Well-Maintained 3-Family with Strong Rental History! Don't miss your chance to own this well-maintained 3-family property in the heart of Fitchburg, one of Central Massachusetts' fastest-growing communities. Whether you're looking to expand your investment portfolio or begin building long-term wealth through real estate, this income-producing multi-family home offers the perfect combination of stability, location, and future potential.This property has a proven rental history with consistent occupancy and has been thoughtfully maintained over the years, providing peace of mind for both seasoned and first-time investors. Spacious units, dependable rental income, and pride of ownership make this a standout opportunity. Ideally situated just minutes from shopping, restaurants, public transportation, commuter routes, schools, parks, and medical facilities.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$173/sqft
Local Avg (Fitchburg)$190/sqft
9% BelowMarket Average

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

Property Details

Financials

Original Price$620,000
Annual Taxes$6,220

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms18
FireplacesNone
FlooringWood, Vinyl
BasementFull

Climate & Utilities

HeatingCentral
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationConcrete Perimeter, Stone
ZoningRC

Property & Lot

Acres0.16
SqFt Lot6,991
Lot Features--

Amenities & Appliances

Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

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: Rosemarie Ledogar

Listing Office: R. D. Ledogar Real Estate

MLS® Number: 73551957

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