12 Prince Street, Fitchburg MA 01420
Fitchburg, MA 01420
$629,000
$599,900
Est. $3,937/month
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About this home
Great investment opportunity! Fully rented 4-family property offering 18 total rooms and 6 bedrooms across two first floor and two second-floor apartments. Features include four full bathrooms, four one-car garages underneath, a common laundry room, and separate basement storage areas for each unit. Off-street parking available. Current gross income $44,100, with tenants responsible for all utilities except water and sewer. All units are occupied by long-term tenants, providing stable cash flow. Owned by the same family for 21 years and being sold as-is. Solid income-producing asset with strong rental history, conveniently located close to downtown amenities.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
4.6%
Price Range
Property Timeline
Pending Sale
May 29, 2026
Offer accepted, sale pending
Showing Instructions Updated
May 6, 2026
New showing requirements
Price Reduced
May 6, 2026
$599,900
$29,100
(-4.63%)
From $629,000 to $599,900 (-4.6%)
Back On Market
May 6, 2026
Active
Status: Active under contract
Mar 9, 2026
Active → Active Under Contract
Pending Sale
Mar 6, 2026
Offer accepted, sale pending
Showing Instructions Updated
Feb 2, 2026
New showing requirements
Listed for Sale
Jan 27, 2026
$629,000
Original listing
Agent: Brenda Albert
Office: LAER Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/29/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 05/06/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 05/06/2026 | ↓ Price Reduced | $599,900 | $29,100 | - | From $629,000 to $599,900 (-4.6%) |
| 05/06/2026 | • Back On Market | - | - | - | Active |
| 03/09/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 03/06/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 02/02/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 01/27/2026 | 🏠 Listed for Sale | $629,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,437 | $624,500 |
Financial Details
Annual Property Tax
$8,437
Tax Year 2025
Assessed Value
$624,500
Facts & Features
4 Car Garage
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1910
Living Area
3,614 sq ft
Lot Size
0.13 acres
Stories
4
Bedrooms
6
Full Baths
4
Total Rooms
18
Investment Metrics
Units
4
Unit 1 Rent
$1,050/mo · N
Unit 2 Rent
$1,050/mo · N
Unit 3 Rent
$775/mo · N
Unit 4 Rent
$800/mo · N
Total Monthly Rent
$3,675/mo
Gross Income
$44,100
Net Operating Income
$44,100
Cap Rate
7.35%
Interior
Heating
Baseboard, Natural Gas, Central
Cooling
None
Flooring
None
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Walk-out Access, Interior Entry, Garage Access, Concrete
Laundry
None
Features
Storage, Laundry Room, Living Room, Dining Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle, Slate, Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
4
Has Garage
Yes
Features
Paved Drive, Shared Driveway, Off Street, Paved
Total Spaces
12
Utilities
Electric
Circuit Breakers, Common, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$8,437
Assessed Value
$624,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Subject To Approved License To Sell. Closing Date At Least 30 Days From The Signed P & S. Showings Will Need To Be In Groups And Reasonable Access Time For Tenants. Shared Driveway.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
79 days
Property Overview
Property Type
4 Family
Listing Type
Sale Pending
Year Built
1910
Bedrooms
6
Full Bathrooms
4
Living Area
3,614 sq ft
Total Rooms
18
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,614 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Range, Refrigerator
Interior Features:
Storage, Laundry Room, Living Room, Dining Room, Kitchen
Windows:
Basement:
Full, Walk-Out Access, Interior Entry, Garage Access, Concrete
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle, Slate, Rubber
Foundation:
Stone, Brick/Mortar
Stories:
4
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas, Central
Cooling:
Hot Water:
Natural Gas, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Garage Spaces:
4
Total Parking Spaces:
12
Parking Features:
Paved Drive, Shared Driveway, Off Street, Paved
Nearby Schools
School District
Fitchburg School District local
C+
School Safety
2024-25
8.1%
Above Average
4.6%
Suspensions
4.6%
In-School
3.5%
Emergency
2.6% above state avg
Elementary Schools
5 schools
Applewild School
0.3 mi
Grades K-09
St. Bernard Elementary School
1.7 mi
Grades PK-08
C
McKay Elementary School
1.0 mi
|
#658 of 825
|
Score: 37.9
Improved 73 spots from last year
-20.3 below state avg
736 students
Diverse
Rising School
Grades 01-05
C-
South Street Early Learning Center
1.4 mi
|
#697 of 825
|
Score: 48.1
Same rank as last year
Limited historical data for year-over-year comparison
569 students
Diverse
Diverse Student Body
Grades PK-K
C
Reingold Elementary School
1.8 mi
|
#606 of 825
|
Score: 40.4
Improved 117 spots from last year
-17.8 below state avg
619 students
Diverse
Rising School
Diverse Student Body
Grades 01-05
Middle Schools
2 schools
D
Arthur M Longsjo Middle School
0.4 mi
|
#328 of 352
|
Score: 28.6
Improved 12 spots from last year
-29.6 below state avg
577 students
Diverse
Grades 06-08
C
Memorial Middle School
1.3 mi
|
#280 of 352
|
Score: 33.8
Dropped 10 spots from last year
-24.4 below state avg
620 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
6 schools
C+
Sizer School: A North Central Charter Essential School
0.9 mi
|
#221 of 346
|
Score: 50.3
Improved 25 spots from last year
-8 below state avg
270 students
Diverse
Strong AP Program
Early College Program
Rising School
College Ready Curriculum
Grades 07-12
Notre Dame Preparatory High School
1.0 mi
Grades 09-12
St. Bernard's Central Catholic High School
1.4 mi
Grades 09-12
C-
Goodrich Academy
1.5 mi
|
#23 of 25
|
Score: 22.0
Improved 363 spots from last year
-36.2 below state avg
101 students
Diverse
Rising School
Grades 09-12
C
Fitchburg High School
2.2 mi
|
#263 of 346
|
Score: 46.3
Improved 29 spots from last year
-11.9 below state avg
1,305 students
Diverse
15 sports
• 1,110 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
A
Montachusett Regional Vocational Technical School
3.3 mi
|
#66 of 346
|
Score: 65.0
Improved 9 spots from last year
+6.8 above state avg
1,403 students
Moderate
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Strong Attendance
Grades 09-12
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$703
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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$0
Total interest paid
$0
Rate Impact
-0.5% Rate
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Current Rate
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+0.5% Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
12 Prince Street, Fitchburg MA 01420
Fitchburg, MA 01420
Listing Information
Listing Agent
Brenda Albert
Listing Office
LAER Realty Partners
Office Phone
978-534-3100
Agent MLS ID
H6546976
Office MLS ID
AN1929
Listing Data Updated
Sep 2, 2026 8:24 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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