FOR SALE | $670,000 | 3-Unit Multi-Family | 40 Edwards St, Fitchburg, three-family asset delivering $5,400 monthly — $64,800 annually — in gross rental income. Extensively capital-improved with new electrical service, sub-metered panels, full plumbing replacement, and updated unit-level electrical throughout. Two renovated units feature granite countertops, modern cabinetry, mini-split HVAC, updated flooring, and stainless steel appliances. Exterior freshly painted. Off-street parking. Owner-paid water. Strong in-place tenancy with immediate cash flow and value-add upside on the third unit. Ideal for the 1031 exchange buyer or portfolio investor seeking a low-maintenance, income-producing asset in a growing Central Massachusetts market. Images used are from before the rental agreements
For sale
Price cut: $9K (6/5)
$670,000
40 Edwards St, Fitchburg, MA 01420
8beds
2,508sqft
3 Family - 3 Units Up/Down
Built in 1905
-- sqft lot
$663,800 Zestimate®
$267/sqft
$-- HOA
What's special
Mini-split hvacGranite countertopsModern cabinetryStainless steel appliancesOff-street parkingExterior freshly paintedUpdated flooring
- 36 days |
- 231 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Edward Perez 603-498-4402,
Edward Perez 603-498-4402
Source: MLS PIN,MLS#: 73528118
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Heat Pump, Electric
Cooling
- Wall Unit(s), Heat Pump
Appliances
- Included: Range, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Stone/Granite/Solid Counters, Upgraded Cabinets, Walk-In Closet(s), Bathroom With Tub & Shower, Smart Thermostat, Remodeled, Living Room, Kitchen, Laundry Room
- Flooring: Tile, Vinyl, Stone/Ceramic Tile
- Doors: Insulated Doors, Storm Door(s)
- Windows: Insulated Windows, Screens
- Basement: Full,Walk-Out Access,Interior Entry,Concrete,Slab
- Has fireplace: No
Interior area
- Total structure area: 2,508
- Total interior livable area: 2,508 sqft
- Finished area above ground: 2,508
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street, Assigned, Paved
- Uncovered spaces: 6
Features
- Patio & porch: Covered
- Exterior features: Balcony/Deck
Lot
- Size: 5,036 Square Feet
- Features: Cleared
Details
- Additional structures: Shed(s)
- Parcel number: M:0076 B:0080 L:0,1505858
- Zoning: RC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Post & Beam, Cement Board
- Foundation: Stone, Granite
- Roof: Rubber
Condition
- Year built: 1905
Utilities & green energy
- Electric: 110 Volts, 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Green energy
- Energy efficient items: Varies per Unit
Community & HOA
Community
- Features: Park
Location
- Region: Fitchburg
Financial & listing details
- Price per square foot: $267/sqft
- Tax assessed value: $405,000
- Annual tax amount: $5,472
- Date on market: 6/2/2026
- Listing terms: Contract
- Total actual rent: 5400
Estimated market value
$663,800
$631,000 - $697,000
$2,194/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Price change | $670,000-1.3%$267/sqft |
Source: MLS PIN #73528118 Report a problem | ||
| 6/2/2026 | Listed for sale | $679,000+42.9%$271/sqft |
Source: MLS PIN #73528118 Report a problem | ||
| 5/8/2025 | Sold | $475,000$189/sqft |
Source: MLS PIN #73354336 Report a problem | ||
| 4/5/2025 | Contingent | $475,000$189/sqft |
Source: MLS PIN #73354336 Report a problem | ||
| 4/3/2025 | Listed for sale | $475,000$189/sqft |
Source: MLS PIN #73354336 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,472 +11.1% | $405,000 +21.8% |
| 2024 | $4,924 +2.1% | $332,500 +10.4% |
| 2023 | $4,825 +12.2% | $301,200 +23.3% |
| 2022 | $4,300 +11% | $244,200 +19.9% |
| 2021 | $3,875 +11.9% | $203,600 +15.9% |
| 2020 | $3,463 +19.9% | $175,700 +24.6% |
| 2019 | $2,889 +10% | $141,000 +12.8% |
| 2018 | $2,626 +4.7% | $125,000 +7.1% |
| 2017 | $2,508 0% | $116,700 -1.3% |
| 2016 | $2,509 -2.5% | $118,200 -5% |
| 2015 | $2,573 +2.2% | $124,400 -2% |
| 2014 | $2,518 +3.5% | $127,000 -0.5% |
| 2013 | $2,433 +4.5% | $127,700 -3.4% |
| 2012 | $2,329 -7.5% | $132,200 -14.9% |
| 2011 | $2,517 +4.3% | $155,400 -18.3% |
| 2009 | $2,414 -0.6% | $190,100 -8% |
| 2008 | $2,429 +5.4% | $206,700 +3.5% |
| 2007 | $2,305 +4.8% | $199,700 +9.5% |
| 2006 | $2,200 +5% | $182,400 +11.8% |
| 2005 | $2,096 +20.3% | $163,100 +29.3% |
| 2004 | $1,743 +14.4% | $126,100 +30.4% |
| 2003 | $1,523 +10.4% | $96,700 +24.9% |
| 2001 | $1,379 -1.8% | $77,400 +0.4% |
| 2000 | $1,404 -1.2% | $77,100 -18.2% |
| 1996 | $1,421 | $94,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 01420
Nearby schools
GreatSchools rating
- 3/10Reingold Elementary SchoolGrades: 1-5Distance: 0.6 mi
- 3/10Memorial Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Fitchburg High SchoolGrades: 9-12Distance: 3.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Massachusetts
- Worcester County
- Fitchburg
- 01420
- 40 Edwards St
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