Fully Rented Four-Family
For Sale
$599,900
Pending
12 Prince St, Fitchburg, MA 01420
Four-unit property with long-term tenants and stable income.
Days on Market98
Property Features for 12 Prince St
General Information
Standard status
Pending
Property subtype
Investment
Building Details
Year Built
1910
Listing Agency:
(978) 895-8254
Listed By:
Caroline Albert
(978) 895-8254
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 12:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Caroline Albert
Investment Insights
Based on property information with market context.
This fully rented four-family property presents a solid investment opportunity. The building contains four apartments, two on the first floor and two on the second floor, with a total of 18 rooms and 6 bedrooms. Each apartment includes a full bathroom. The property also features four one-car garages located underneath the building, a common laundry room, and separate basement storage areas for each unit. Off-street parking is available. The current gross income is $44,100. Tenants are responsible for all utilities except water and sewer. All units are occupied by long-term tenants, providing a stable cash flow. The property has been owned by the same family for 21 years and is being sold as-is. It is conveniently located close to downtown amenities. The location has a bike score of 54, indicating it is bikeable, a walk score of 61, indicating it is somewhat walkable, and a transit score of 38, indicating some transit options are available.
Key Highlights
- Fully rented 4‑family property providing stable cash flow.
- Current gross income of $44,100.
- Tenants responsible for all utilities except water and sewer.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
Explore this area
Business Placement
Demographics for 01420, MA
41,940
Population
17,998
Households
2.3
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
30.1 sq mi
ZIP Area
1,393
Density / Sq Mi
$70,334
Median Household Income
$41,753
Median Earnings
$1,131
Median Rent
$294,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with long-term tenants and stable income.
Where is this quadplex located?
The property is located at 12 Prince St Fitchburg, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Fully rented 4‑family property providing stable cash flow.; Current gross income of $44,100.; Tenants responsible for all utilities except water and sewer.
