Active
1 Days on market
347-349 Summer St Fitchburg — Photo 1 of 41

347-349 Summer St Fitchburg — Photo 1 of 41

$575,000

347-349 Summer St, Fitchburg, MA 01420

Fitchburg, MA 01420

Beds

8

Baths

3

SqFt

3,630

Style

3 Family

Built

1885

Turnkey 3-Family Opportunity! Well-maintained and fully DE-LEADED multi-family property offering excellent flexibility for investors and owner-occupants alike. Features two spacious 2-bedroom units and a third-floor 1-bedroom unit with a separate office, providing attractive rental options. All apartments have been updated with modern finishes, including quartz countertops, and are clean, bright, and move-in ready. The first-floor unit is serviced by a newer gas heating system and offers the flexibility of a potential 3-bedroom layout, with the front room fully insulated and suitable as a bedroom, office, or bonus space. The second and third-floor units feature energy-efficient mini-split systems providing both heating and cooling, with gas stoves available as a supplemental heat source. Separate utilities for each unit offer convenience and expense control. Additional amenities include off-street parking and a vacant second-floor unit available for immediate occupancy, making it ideal for an owner-occupant or new tenant placement. Conveniently located near shopping, restaurants, public transportation, commuter rail service, and major highway access. Property is situated within a mixed-use zoning district, offering additional potential and flexibility. A rare opportunity to own a versatile, income-producing property in a highly accessible location.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$158/sqft
Local Avg (Fitchburg)$200/sqft
21% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Fitchburg, MA.

Property Details

Financials

Original Price$575,000
Annual Taxes$4,657

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms15
FireplacesNone
Flooring--
BasementFull, Walk-Out Access, Interior Entry, Concrete, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Slate
FoundationStone, Brick/Mortar
ZoningC

Property & Lot

Acres0.09
SqFt Lot3,999
Lot FeaturesCorner Lot, Level

Geography

Population

41,839

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$73K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

45.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Lana Kopsala

Listing Office: Coldwell Banker Realty - Leominster

MLS® Number: 73575426

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