18-22 Hartwell Street, Fitchburg MA 01420
Fitchburg, MA 01420
$750,000
Est. $4,655/month
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About this home
Investors take notice! Don't miss this well-maintained 5-unit multifamily property located in an up-and-coming downtown area with strong rental appeal. Ideally situated within walking distance to markets, restaurants, churches, schools, the library, bus stops, and the commuter rail station, this location offers convenience for tenants. The apartments have been well cared for and are in excellent condition, making this a great addition to any investment portfolio. Each unit features separate utilities, helping to simplify property management and tenant billing. Free street parking available with permit from City Hall once you have lease in hand. Municipal parking is conveniently located nearby. A solid investment opportunity in a growing area!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jul 23, 2026
$750,000
Original listing
Agent: Paula Valente
Office: Real Estate Exchange
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/23/2026 | 🏠 Listed for Sale | $750,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $7,948 | $588,300 |
Financial Details
Annual Property Tax
$7,948
Tax Year 2025
Assessed Value
$588,300
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1900
Living Area
5,946 sq ft
Lot Size
0.08 acres
Stories
5
Bedrooms
9
Full Baths
5
Total Rooms
20
Investment Metrics
Units
5
Unit 1 Rent
$1,995/mo · Y
Unit 2 Rent
— · N
Unit 3 Rent
$1,250/mo · Y
Total Monthly Rent
$3,245/mo
Gross Income
$57,540
Net Operating Income
$57,540
Cap Rate
7.67%
Interior
Heating
Natural Gas
Cooling
None
Flooring
Wood, Vinyl, Laminate
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Walk-out Access, Interior Entry, Unfinished
Laundry
Washer Hookup
Features
Pantry, Bathroom With Shower Stall, Living Room, Kitchen, Laundry Room, Office/den
Exterior
Construction
Brick
Architecture
None
Roof
Tar/gravel
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
On Street
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Range, Washer Hookup, Varies Per Unit
Financial
Annual Tax
$7,948
Assessed Value
$588,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Buyer And Buyers Agent To Do Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Red
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
43 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
5
Living Area
5,946 sq ft
Total Rooms
20
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,946 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
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:
Wood, Vinyl, Laminate
Appliances:
Range, Refrigerator
Interior Features:
Pantry, Bathroom with Shower Stall, Living Room, Kitchen, Laundry Room, Office/Den
Windows:
Basement:
Full, Walk-Out Access, Interior Entry, Unfinished
Laundry:
Washer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Brick
Roof:
Tar/Gravel
Foundation:
Granite, Other
Stories:
5
Heating, Cooling & Utilities
Heating:
Natural Gas
Cooling:
None
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Parking Features:
On Street
Special Features
View:
Yes
View Type:
City View(s)
Community Amenities:
Public Transportation, Shopping, Park, House of Worship, Public School, T-Station, University, Sidewalks
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
0.7 mi
Grades K-09
St. Bernard Elementary School
1.2 mi
Grades PK-08
C
McKay Elementary School
0.9 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
0.9 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
0.2 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
1.0 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
1.3 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
0.6 mi
Grades 09-12
St. Bernard's Central Catholic High School
0.9 mi
Grades 09-12
C-
Goodrich Academy
1.1 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
2.6 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
3.4 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
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$662
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
18-22 Hartwell Street, Fitchburg MA 01420
Fitchburg, MA 01420
Listing Information
Listing Agent
Paula Valente
Listing Office
Real Estate Exchange
Office Phone
978-582-4339
Agent MLS ID
CN233238
Office MLS ID
H22100
Listing Data Updated
Aug 28, 2026 1:13 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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