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INVESTMENT SNAPSHOT
About this property
Back on Market! Don’t miss this exceptional opportunity to own a spacious, newly renovated three-family property—perfect for both owner-occupants and savvy investors. Each unit has been thoughtfully updated, offering modern comfort and strong rental appeal. The one bed and three bed units are currently leased, providing immediate and reliable income. The first unit spans two levels and features three generously sized bedrooms, along with a bright living room and a separate dining area—ideal for comfortable living. The second unit also offers a two-level layout with two well-proportioned bedrooms. The third unit is a charming one-bedroom apartment complete with a cozy living space, dining area, and kitchen. With its recent renovations, full occupancy, and excellent income potential, this property is a standout investment in today’s market. EASY TO SHOW – Schedule your private viewing today!
Property details
| Units | 3 |
| Living area | 2,972 sqft |
| Lot size | 13,843 sqft |
| Year built | 1860 |
| Price / sqft | $185 |
| County | Worcester |
| MLS # | 73487479 |
Listing status
| Days on market | 52 days |
| Listed on | March 17, 2026 |
Taxes & financials
| Annual property tax | $5,719 |
| Tax year | 2025 |
| Assessed value | $423,300 |
| Zoning | RB |
| Gross income (actual) | $56,400/yr |
| Net operating income (actual) | $56,400/yr |
| Total actual rent | $4,800/mo |
Building & lot
| Stories | 4 |
| Total rooms | 13 |
| Lot size | 0.32 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Shared Driveway |
| Basement | Full |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Vinyl |
Utilities & systems
| Heating | Electric, Natural Gas |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Microwave, Refrigerator, Washer/Dryer |
Location
More about investing in Fitchburg →
Listing courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate — James Xarras. 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 815-819 River St, Fitchburg MA 01420 have?
It is a 3-unit multi-family property with 2,972 sqft of living area, built in 1860.
How long has 815-819 River St, Fitchburg MA 01420 been on the market?
815-819 River St, Fitchburg MA 01420 has been listed for 52 days (since March 17, 2026).
What is the estimated cap rate on this 3-family in Fitchburg?
Based on area median rents, the estimated cap rate is about 6.0%, with a Signal Score of 93/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $549,000 across 3 units, that works out to roughly $183,000 per unit.
What are the property taxes on 815-819 River St, Fitchburg MA 01420?
Annual property taxes are $5,719 (2025), on an assessed value of $423,300.
What is the price per square foot?
At $549,000 for 2,972 sqft, that's about $185 per square foot.
Is there parking?
5 total parking spaces (shared driveway).
Where is this property located?
815-819 River St, Fitchburg MA 01420 is in Fitchburg, Worcester County, MA 01420.
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