62-A/D Grove Street, Fitchburg MA 01420
Fitchburg, MA 01420
$719,999
$675,999
Est. $4,451/month
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About this home
NEWLY PRICED AND READY FOR ITS NEXT OWNER! This renovated, fully vacant four-family offers an exceptional opportunity for both investors and owner-occupants. Move into one unit and rent the remaining three, or lease all four and begin building your portfolio immediately. The flexible unit mix includes a spacious bi-level 4-bedroom, 1-bath residence, two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit. Major improvements add real value: updated electrical throughout, a new roof, a new water heater, laundry, and separately metered heat and electricity for each unit—making utility management easier for owners and tenants. With all four units vacant and move-in ready, the new owner can select tenants, establish rents, and create an occupancy strategy from day one. Conveniently located minutes from downtown Fitchburg and approximately four minutes from Fitchburg State University, the property offers strong rental potential with easy access to area amenities and transportation. Whether you’re looking to owner-occupy, expand your investment portfolio, or create multiple income streams, this opportunity deserves a closer look. Schedule your showing today!
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
6.1%
Price Range
Property Timeline
Price Reduced
Aug 16, 2026
$675,999
$24,000
(-3.43%)
From $699,999 to $675,999 (-3.4%)
Price Reduced
Aug 14, 2026
$699,999
$20,000
(-2.78%)
From $719,999 to $699,999 (-2.8%)
Listed for Sale
Jul 22, 2026
$719,999
Original listing
Agent: Lia Carminati
Office: Be Live in Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/16/2026 | ↓ Price Reduced | $675,999 | $24,000 | - | From $699,999 to $675,999 (-3.4%) |
| 08/14/2026 | ↓ Price Reduced | $699,999 | $20,000 | - | From $719,999 to $699,999 (-2.8%) |
| 07/22/2026 | 🏠 Listed for Sale | $719,999 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,999 | $444,800 |
Financial Details
Annual Property Tax
$9,999
Tax Year 2025
Assessed Value
$444,800
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1900
Living Area
3,542 sq ft
Lot Size
0.06 acres
Stories
5
Bedrooms
9
Full Baths
4
Total Rooms
14
Investment Metrics
Units
4
Unit 1 Rent
$1,500/mo · N
Unit 2 Rent
$1,900/mo · N
Unit 3 Rent
$1,900/mo · N
Unit 4 Rent
$2,700/mo · N
Total Monthly Rent
$8,000/mo
Gross Income
$96,000
Net Operating Income
$96,000
Cap Rate
14.20%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Unfinished
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle, Slate
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
On Street
Utilities
Electric
220 Volts
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Oven
Financial
Annual Tax
$9,999
Assessed Value
$444,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
27 days
Property Overview
Property Type
4 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
4
Living Area
3,542 sq ft
Total Rooms
14
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,542 sq ft above grade
Display Options
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:
Appliances:
Interior Features:
Windows:
Basement:
Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle, Slate
Foundation:
Granite
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Electric, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Easements
Road Surface:
Paved
Parking & Garage
Parking Features:
On Street
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
1.3 mi
Grades PK-08
C
McKay Elementary School
0.9 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
C-
South Street Early Learning Center
1.0 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
Reingold Elementary School
1.8 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
Middle Schools
2 schools
D
Arthur M Longsjo Middle School
0.1 mi
|
#323 of 352
|
Score: 28.9
Improved 17 spots from last year
-29.3 below state avg
614 students
Diverse
Grades 06-08
C
Memorial Middle School
1.0 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
High Schools
6 schools
C+
Sizer School: A North Central Charter Essential School
1.2 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
0.6 mi
Grades 09-12
St. Bernard's Central Catholic High School
1.0 mi
Grades 09-12
C-
Goodrich Academy
1.1 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
C
Fitchburg High School
2.5 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
A
Montachusett Regional Vocational Technical School
3.4 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
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
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
$833
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
Save $0/mo
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
62-A/D Grove Street, Fitchburg MA 01420
Fitchburg, MA 01420
Listing Information
Listing Agent
Lia Carminati
Listing Office
Be Live in Realty
Office Phone
617-460-9893
Agent MLS ID
CN239065
Office MLS ID
AN8547
Listing Data Updated
Aug 18, 2026 11:15 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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