142 Madison St, Fitchburg, MA 01420

Pending

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142 Madison St
Fitchburg, MA 01420

Pending

offered at $525,000

9

bedrooms

3

baths

3,591

sq ft

$146

price per sf

Multi Family

property type

115 Days

time on site

1920

yr. built

6,991 sq ft

lot size

PRICE REDUCED TO $525,000! — 3-FAMILY INVESTMENT WITH ROOM TO GROW-Now offered at $525,000! Here is the opportunity investors and owner-occupants have been waiting for in revitalizing Fitchburg, Massachusetts.142 Madison Street is a 3-family, 3-story property with three spacious 3-bedroom units, making it an excellent choice for an investor looking to build rental income or an owner-occupant who wants to have tenants help pay the mortgage.The property does need some **TLC**, but that is where the opportunity begins. With an estimated after-repair value of approximately $640,000, a new owner has the chance to improve the property, increase its value, and build equity o...ver time. The vacant unit creates a great house-hacking opportunity. Live in one unit while the rental income from the other units helps offset your housing costs. An investor can also take advantage of the rental demand in this area and improve the units over time. Fitchburg continues to see new investment, redevelopment, and revitalization, making location an important part of this opportunity. The property is convenient to Fitchburg State University, shopping, schools, medical services, restaurants, Route 2, and public transportation. The Fitchburg MBTA station provides commuter rail service toward Boston, adding another benefit for renters and commuters.This is not a property where you are paying top dollar for a fully renovated building. You are buying the opportunity to create value. The building itself is solid, but still needs updating and some repairs.The price has been significantly reduced to $525,000. Bring your ideas, your contractor, and your numbers—and see what you can create here.Buyer and buyer's agent to verify all information, including rental potential, expenses, zoning, permitted use, building condition, and estimated after-repair value.

MLS Property Information Network (MLS PIN), MLS#: 73551957

Listed By: R. D. Ledogar Real Estate, Rosemarie Ledogar

No upcoming open house dates. Check back later.

Bedrooms

Total Bedrooms: 9

Bathrooms

Full bathrooms: 3

Appliances

Refrigerator
Range

Basement

Full
Concrete

Community Features

Public Transportation
Shopping
Park
Walk/Jog Trails
Golf
Medical Facility
Laundromat
Conservation Area
Highway Access
House of Worship
Private School
Public School
T-Station
University
Sidewalks

Construction Materials

Frame

Cooling

None

Electric

110 Volts
Circuit Breakers
Individually Metered
Knob & Tube Wiring

Exterior Features

Garden

Fencing

Fenced/Enclosed
Fenced

Flooring

Wood
Vinyl

Foundation Details

Concrete Perimeter
Stone

Heating

Central
Individual

Interior Features

Bathroom With Tub
Living Room
Kitchen

Laundry Features

Electric Dryer Hookup
Washer Hookup

Levels

Other Structures

Shed(s)

Parking Features

Paved Drive
Off Street
Tandem
Paved

Patio and Porch Features

Porch
Enclosed
Deck
Covered

Road Frontage Type

Public

Road Responsibility

Public Maintained Road

Road Surface Type

Paved

Roof

Tar/Gravel

Sewer

Public Sewer

Utilities

for Gas Range
for Gas Oven
for Electric Dryer
Washer Hookup

WaterSource

Public
Individual Meter

Window Features

Insulated Windows
Storm Window(s)

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Listed By:
R. D. Ledogar Real Estate
Rosemarie Ledogar

Data Source: MLS Property Information Network (MLS PIN)

MLS#: 73551957

This property was listed on 7/19/2026 and last updated as of 10/21/2026 7:33:49 AM. OSI IDX updated the data from MLS Property Information Network (MLS PIN) on 11/11/2026 at 3:24 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.