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INVESTMENT SNAPSHOT
About this property
Completely renovated in 2017, this well-maintained 6-family offers turnkey convenience with a full sprinkler system, radio box tied into the fire dept., (6) individual Rinnai on-demand heat and hot water units, updated electrical with separate meters plus a common meter, (6) gas meters, updated plumbing, thermal pane windows, and updated insulation. Each spacious apartment features renovated kitchens with modern cabinets, appliances, and dishwashers in select units, along with updated baths—some with double vanities and custom tile showers. Durable vinyl flooring runs throughout. All units have a second egress, and ample off-street parking is available for all tenants. Utilities are separated except town water/sewer. Basement offers extra storage and workspace. Vinyl siding ensures easy maintenance. Long-term tenants in place.
Property details
| Units | 6 |
| Living area | 4,449 sqft |
| Lot size | 5,571 sqft |
| Year built | 1920 |
| Price / sqft | $214 |
| County | Worcester |
| MLS # | 73470736 |
Listing status
| Days on market | 121 days |
| Listed on | January 21, 2026 |
Taxes & financials
| Annual property tax | $7,740 |
| Tax year | 2025 |
| Assessed value | $572,900 |
| Zoning | NB |
| Gross income (actual) | $83,700/yr |
| Net operating income (actual) | $74,852/yr |
| Total actual rent | $6,975/mo |
| Electric expense | $850/yr |
| Insurance expense | $4,998/yr |
Building & lot
| Stories | 5 |
| Total rooms | 20 |
| Lot size | 0.13 acres |
| Garage spaces | 0 |
| Parking spaces | 12 |
| Parking | Off Street, Assigned, Paved |
| Basement | Concrete, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Vinyl, Carpet |
Utilities & systems
| Heating | Baseboard |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range, Washer Hookup |
| Appliances | Range, Dishwasher, Microwave, Refrigerator |
Location
More about investing in Fitchburg →
Listing courtesy of Coldwell Banker Realty - Leominster — Matthew Straight. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 122 Laurel St, Fitchburg MA 01420 have?
It is a 6-unit multi-family property with 4,449 sqft of living area, built in 1920.
How long has 122 Laurel St, Fitchburg MA 01420 been on the market?
122 Laurel St, Fitchburg MA 01420 has been listed for 121 days (since January 21, 2026).
What is the estimated cap rate on this 6-family in Fitchburg?
Based on area median rents, the estimated cap rate is about 6.9%, with a Signal Score of 98/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $950,000 across 6 units, that works out to roughly $158,333 per unit.
What are the property taxes on 122 Laurel St, Fitchburg MA 01420?
Annual property taxes are $7,740 (2025), on an assessed value of $572,900.
What is the price per square foot?
At $950,000 for 4,449 sqft, that's about $214 per square foot.
Is there parking?
12 total parking spaces (off street, assigned, paved).
Where is this property located?
122 Laurel St, Fitchburg MA 01420 is in Fitchburg, Worcester County, MA 01420.
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