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Sold for $575,000
  • $575,000

    748 Water St, Fitchburg, MA 01420

    6beds
    4,134sqft
    3 Family
    Built in 1900
    -- sqft lot
    $580,100 Zestimate®
    $139/sqft
    $2,336 Estimated rent

    Home value

    $580,100

    $534,000 - $632,000

    $2,336/mo

    Zestimate® history
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    What's special

    Functional layout
    Excellent opportunity for investors to acquire a three-family property with strong upside potential in a highly desirable location. Each unit offers a functional layout with two bedrooms, one bathroom, a living room, dining room, and kitchen. The third-floor unit is currently owner-occupied, providing flexibility for repositioning, future rental income, or an owner-occupant strategy. All units are very sunny and bright, creating attractive living spaces for tenants. This property is ideal for an investor looking to gain sweat equity, improve rents over time, and add value through updates. Located close to Route 2, Shopping and the rail trail, the property offers excellent commuter access and long-term rental demand. Property is being sold as is. A compelling value-add multi-family investment opportunity in a sought-after location. Showings only at Open Houses - Saturday 1/10/26 10am-1pm and Sunday 1/11/2026 10am - 1pm. ***Offer Deadline Monday 1/12 5pm***

    Zillow last checked:

    Listing updated:

    Listed by:

    Rebecca Koulalis 978-208-9112,

    Redfin Corp. 617-340-7803

    Bought with:

    Riyaz Shaikh

    eXp Realty

    Source: MLS PIN,MLS#: 73466600

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Oil
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 4,134
    • Total interior livable area: 4,134 sqft
    • Finished area above ground: 4,134

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved Drive, Off Street
    • Uncovered spaces: 6
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: M:0122 B:0005 L:0,1508922
    • Zoning: NB

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family
    Materials
    • Foundation: Concrete Perimeter, Block
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Fitchburg

    Financial & listing details

    • Price per square foot: $139/sqft
    • Tax assessed value: $469,800
    • Annual tax amount: $6,347
    • Date on market: 2/7/2026
    • Total actual rent: 0

    Price history

    DateEventPrice
    2/26/2026Sold$575,000+4.5%$139/sqft
    Source: MLS PIN #73466600 Report a problem
    1/14/2026Contingent$550,000$133/sqft
    Source: MLS PIN #73466600 Report a problem
    1/8/2026Listed for sale$550,000+83.3%$133/sqft
    Source: MLS PIN #73466600 Report a problem
    12/29/2020Sold$300,000+0%$73/sqft
    Source: EXIT Realty solds #-7004465701724614267 Report a problem
    10/29/2020Pending sale$299,900$73/sqft
    Source: Harmony Real Estate #72746224 Report a problem
    10/21/2020Listed for sale$299,900+95.1%$73/sqft
    Source: Harmony Real Estate #72746224 Report a problem
    1/27/2016Sold$153,750-12.1%$37/sqft
    Source: Public Record Report a problem
    12/12/2015Pending sale$175,000$42/sqft
    Source: Village Real Estate #71937255 Report a problem
    12/1/2015Listed for sale$175,000+75%$42/sqft
    Source: Village Real Estate #71937255 Report a problem
    12/23/2013Sold$100,000-63%$24/sqft
    Source: Public Record Report a problem
    8/16/2005Sold$270,000$65/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,347 +9.4%$469,800 +20%
    2024$5,800 +2.8%$391,600 +11.2%
    2023$5,644 +7.2%$352,300 +17.9%
    2022$5,264 +8.7%$298,900 +17.4%
    2021$4,843 +14.9%$254,500 +19%
    2020$4,214 +24.3%$213,800 +29.2%
    2019$3,391 +10.9%$165,500 +13.7%
    2018$3,057 +4.4%$145,500 +6.7%
    2017$2,929 -1.4%$136,300 -2.6%
    2016$2,970 +3.8%$139,900 +1.2%
    2015$2,860 +1.6%$138,300 -2.5%
    2014$2,814 +4.2%$141,900 +0.1%
    2013$2,701 -4.6%$141,800 -11.8%
    2012$2,832 -7.5%$160,700 -15%
    2011$3,063 -1.4%$189,100 -22.7%
    2009$3,105 +0.3%$244,500 -7.2%
    2008$3,095 +5.3%$263,400 +3.5%
    2007$2,938 +0.2%$254,600 +4.7%
    2006$2,933 +20.9%$243,200 +28.9%
    2005$2,425 +19.7%$188,700 +28.7%
    2004$2,026 +7.7%$146,600 +22.8%
    2003$1,881 +10.3%$119,400 +24.8%
    2001$1,705 -1.4%$95,700 +0.7%
    2000$1,730 +3.5%$95,000 -14.3%
    1996$1,672 $110,800
    Find assessor info on the county website

    Neighborhood: 01420

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $580,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $580,100