408 River StreetFitchburg, MA 01420MLS Number 72397087

  • Price: $239,900
  • 265 Days on Market
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Federal 30-year interest rate: 4.07% last updated on May 16, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 7912Square Feet
  • 0.09Acreage
  • 1949Year Built

Investors take note! Excellent Projected CAP on this Property. At asking price with estimated rents & 25% Vac., this property produces a 13% CAP. A CAP of 10% (25% vac.) this property will support an asking price of $314,430.00. Owner says bring your offers! Located on Rt. 12, 31 & 2A near the corner of Oak Hill Rd. Close to several large apartment buildings and Down Town. High traffic count of 10,117 (2W, 2017). Convenient location close to downtown and residential neighborhoods. Beautifully maintained Retail/Flex building with many updates include new building facade and windows in 2006. One newer heating system. Owners have owned and cared for this building for close to 20 yrs and it shows. Building is set up for (4) approx. 2000 sf retail/flex spaces with 3 bathrooms throughout. Great location for Home Decor (existing business open for 20 yrs, owners retiring), Auto Parts, Restaurant, or Salon/Spa/Nail.

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J Barrett & Company - Cummings Center Office
J Barrett & Company - Cummings Center Office
Office: 978.922.3683
100 Cummings Center
Suite 101K
Beverly, MA 01915
Listed by Richard Perkins of Keller Williams Realty North Central

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