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40 Edwards St, Fitchburg MA 01420

Fitchburg, MA 01420
$679,000
Est. $4,089/month
6
Beds
3
Baths
2,508
Sq Ft
$271
Price/Sq Ft
0.12
Acres
1905
Year Built
3 hours 38 minutes
Time on Market
Active Listed Jun 2, 2026 • MLS# 73528118 Copied!

About this home

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

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Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1905
Bedrooms
6
Full Bathrooms
3
Living Area
2,508 sq ft
Total Rooms
15
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1905
Living Area 2,508 sq ft
Lot Size 0.12 acres
Bedrooms 6
Full Baths 3
Total Rooms 15

Interior

Heating Forced Air, Heat Pump, Electric
Cooling Wall Unit(s), Heat Pump
Flooring Tile, Vinyl, Stone/ceramic Tile
Appliances Range, Refrigerator
Fireplace None
Fireplaces 3
Basement Full, Walk-out Access, Interior Entry, Concrete, Slab
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

Exterior

Construction Post & Beam, Cement Board
Architecture None
Roof Rubber
Features Balcony/deck
Pool None
Spa None
Fencing None
Patio/Porch Covered

Parking

Features Paved Drive, Off Street, Assigned, Paved
Total Spaces 6

Utilities

Electric 110 Volts, 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup, Varies Per Unit

Financial

Annual Tax $5,472
Assessed Value $405,000

Interior Features

Flooring: Tile, Vinyl, Stone/Ceramic Tile
Appliances: Range, Refrigerator
Interior Features: Stone/Granite/Solid Counters, Upgraded Cabinets, Walk-In Closet(s), Bathroom With Tub & Shower, Smart Thermostat, Remodeled, Living Room, Kitchen, Laundry Room
Windows: Insulated Windows, Screens
Basement: Full, Walk-Out Access, Interior Entry, Concrete, Slab
Laundry: Washer Hookup, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1905
Structure Type:
Exterior Materials: Post & Beam, Cement Board
Roof: Rubber
Foundation: Stone, Granite
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Electric
Heating Zones: 7
Cooling: Wall Unit(s), Heat Pump
Cooling Zones: 6
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features: Varies per Unit

Exterior & Lot

Exterior Features: Balcony/Deck
Patio & Porch: Covered
Fencing:
Other Structures: Shed(s)
Lot Features: Cleared
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Assigned, Paved

Special Features

Fireplaces: 3
Fireplace Type:
Community Amenities: Park

Location

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Neighborhood

40 Edwards St, Fitchburg MA 01420

Fitchburg, MA 01420

Walkability

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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
E

Elementary Schools

5 schools
Applewild School
1.4 mi
Grades K-09
St. Bernard Elementary School
2.1 mi
Grades PK-08
C
Reingold Elementary School
0.6 mi | #610 of 824 | Score: 40.4
Improved 113 spots from last year
-17.8 below state avg
679 students Diverse
Rising School Diverse Student Body
Grades 01-05
C-
South Street Early Learning Center
1.3 mi | #697 of 824 | Score: 48.1
Same rank as last year
Limited historical data for year-over-year comparison
570 students Diverse
Grades PK-K
C
McKay Elementary School
2.1 mi | #661 of 824 | Score: 38.0
Improved 70 spots from last year
-20.2 below state avg
754 students Diverse
Rising School
Grades 01-05
M

Middle Schools

2 schools
C
Memorial Middle School
0.6 mi | #274 of 352 | Score: 33.9
Dropped 4 spots from last year
-24.3 below state avg
601 students Diverse
Diverse Student Body
Grades 06-08
D
Arthur M Longsjo Middle School
1.3 mi | #323 of 352 | Score: 28.9
Improved 17 spots from last year
-29.3 below state avg
614 students Diverse
Grades 06-08
H

High Schools

6 schools
C+
Sizer School: A North Central Charter Essential School
2.1 mi | #221 of 346 | Score: 49.3
Improved 25 spots from last year
-8.9 below state avg
282 students Diverse
Early College Program Rising School College Ready Curriculum
Grades 07-12
Notre Dame Preparatory High School
1.1 mi
Grades 09-12
St. Bernard's Central Catholic High School
1.9 mi
Grades 09-12
C-
Goodrich Academy
2.0 mi | #23 of 25 | Score: 20.5
Improved 363 spots from last year
-37.8 below state avg
186 students Diverse
Rising School
Grades 09-12
A
Montachusett Regional Vocational Technical School
2.2 mi | #64 of 346 | Score: 65.1
Improved 11 spots from last year
+6.9 above state avg
1,417 students Moderate
High Graduation Rate Career Tech Programs College Ready Curriculum Strong Attendance
Grades 09-12
C
Fitchburg High School
3.2 mi | #255 of 346 | Score: 45.8
Improved 37 spots from last year
-12.4 below state avg
1,220 students Diverse
15 sports • 1,110 athletes
Early College Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
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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 $456
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

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Current Rate
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Payment Over Time

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
Jun 2, 2026
$679,000
Original listing

Price & Status History

Date Event Price Change
Jun 2, 2026 New Listing Added $679,000

Market Statistics

Time on Market
3 hours 38 minutes
Price per Sq Ft
$271

Tax History

Year Taxes Assessment
2025 $5,472 $405,000

Financial Details

Annual Property Tax
$5,472
Tax Year 2025
Assessed Value
$405,000

Listing Information

Listing Agent Edward Perez
Listing Office Edward Perez
Agent MLS ID NB113434
Office MLS ID AN3469
Listing Data Updated Jun 2, 2026 9:57 AM 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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Market Analytics for Fitchburg, MA

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