Investors and owner-occupants! Check out this expansive 4-family investment opportunity located in the heart of Fitchburg, right by downtown, Fitchburg State University, the commuter rail, and all local conveniences. Featuring a vacant 2-bedroom unit, this property is well-positioned for an owner-occupant to move right in and offset their mortgage with rental income from the three additional units, or any investor looking to grow their portfolio. The property offers separate utilities, including in-unit gas furnaces, separate water heaters, four 100-amp electrical panels plus a separate landlord panel, and a coin-op laundry setup available for tenant use. All units are LEAD COMPLIANT. The attached garage, offering approximately 432 sq. ft., may also present future ADU potential, subject to buyer due diligence and approvals. With five off-street parking spaces and a highly convenient location, this property checks all the boxes for a solid multifamily opportunity.
| Units | 4 |
| Living area | 4,404 sqft |
| Lot size | 3,759 sqft |
| Year built | 1900 |
| Price / sqft | $159 |
| County | Worcester |
| MLS # | 73517139 |
| Days on market | 6 days |
| Listed on | May 12, 2026 |
| Annual property tax | $7,052 |
| Tax year | 2025 |
| Assessed value | $522,000 |
| Zoning | RC |
| Gross income (actual) | $45,600/yr |
| Net operating income (actual) | $45,600/yr |
| Total actual rent | $3,800/mo |
| Stories | 4 |
| Total rooms | 20 |
| Lot size | 0.09 acres |
| Garage spaces | 1 |
| Parking spaces | 6 |
| Parking | Off Street |
| Basement | Unfinished |
| Foundation | Stone, Granite |
| Flooring | Varies |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of eXp Realty — Candor Investment Group. Listing data © MLS PIN.
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It is a 4-unit multi-family property with 4,404 sqft of living area, built in 1900.
70 Myrtle Ave, Fitchburg MA 01420 has been listed for 6 days (since May 12, 2026).
Based on area median rents, the estimated cap rate is about 6.2%, with a Signal Score of 94/100. These are directional estimates, not an appraisal.
At a list price of $699,900 across 4 units, that works out to roughly $174,975 per unit.
Annual property taxes are $7,052 (2025), on an assessed value of $522,000.
At $699,900 for 4,404 sqft, that's about $159 per square foot.
1 garage space and 6 total parking spaces (off street).
70 Myrtle Ave, Fitchburg MA 01420 is in Fitchburg, Worcester County, MA 01420.