Active
6 Days on market
21 Old Leominster Rd Fitchburg — Photo 1 of 39

21 Old Leominster Rd Fitchburg — Photo 1 of 39

$665,000

21 Old Leominster Rd, Fitchburg, MA 01420

Fitchburg, MA 01420 — Fitchburg

Beds

8

Baths

3

SqFt

3,074

Style

3 Family

Built

1900

INVESTMENT PROPERTY | THREE-FAMILY | 8 BEDROOMS | WELL-MAINTAINED INTERIORS Excellent investment property featuring two 2-bedroom units and one spacious 4-bedroom townhouse-style unit spanning two levels of living space. The 4-bedroom unit includes two bedrooms on the second floor and two additional bedrooms on the third floor, offering a generous and flexible layout. One of the 2-bedroom units is located in the finished basement apartment, providing additional privacy and functionality. The beautifully maintained interiors offer comfortable living spaces, functional layouts, and desirable bedroom configurations. The variety of unit sizes provides flexibility for attracting a range of tenants and maximizing rental potential. A major highlight is the ample off-street parking, providing convenient parking for residents across all three units. This valuable feature adds to the property's functionality and tenant appeal. The exterior paint could benefit from some updating, providing an opportunity for a new owner to add their personal touch and enhance the property’s curb appeal. As an added benefit, the owner has elected to install two brand-new boilers prior to closing, providing peace of mind and a valuable improvement for the next owner. With three separate units, eight total bedrooms, two levels of living space in the 4-bedroom unit, well-maintained interiors, and generous parking, this property offers an appealing combination of functionality, rental potential, and future upside. Whether you're an experienced investor expanding your portfolio or looking for your next multi-family investment, this property offers a solid foundation with room to enhance value over time. Schedule your private showing today!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$216/sqft
Local Avg (Fitchburg)$188/sqft
15% AboveMarket Average

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

Property Details

Financials

Original Price$665,000
Annual Taxes$5,743

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms14
FireplacesNone
FlooringWood, Tile, Vinyl / VCT, Carpet, Varies, Hardwood, Stone/Ceramic Tile
BasementFull, Finished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.09
SqFt Lot4,138
Lot FeaturesLevel

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

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

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: Traci Lavanway

Listing Office: Coldwell Banker Realty - Leominster

MLS® Number: 73571515

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