
123 Myrtle Ave Fitchburg — Photo 1 of 31
Recent Drop: $20,000
$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
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Fitchburg, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Park • Public School • T-Station • University • Sidewalks
Geography
Property History
$599,000
Was $619,000
Aug 25, 2026
MLS® 73561635
$619,000
Jul 30, 2026
MLS® 73561635
$88,300
Sep 28, 2010
MLS® 71135520
$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 Agent: Paula Valente
Listing Office: Real Estate Exchange
MLS® Number: 73561635
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