475 Water St

Fitchburg, MA 01420

Discover an exceptional owner-occupant, or investor opportunity! This updated, 3-unit property is priced to move. The vacant first floor is fully renovated with new cabinets, granite counters, modern lighting, appliances, flooring, paint & blinds. The second floor features a reliable 15-year tenant, while the third floor was updated within the last few years with new cabinetry, appliances & tile work. Each of the three units offers 3 bedrooms, ensuring high rent potential. The building boasts 4-6 off-street parking spots and a durable slate roof in great condition. Situated in a prime location near local amenities & commuter routes. All utilities are separately metered & newer gas furnaces provide efficient heating. Similar properties are selling for 10% more, making this a smart investment. Don't miss this rare, income-generating gem with significant updates at a fantastic price.