JUST IN TIME FOR SPRING!!! This well maintained three unit home boasts large 3 bedroom units with recent paint, updated bathrooms, pastries, hardwood floors and wrap around porches. Each unit has separate utilities paid for by the tenants and extremely desirable off street parking included. This low maintenance investment opportunity is closely located to local shopping, entertainment, parks, highways and so much more. **INVESTORS/BUYERS**PLEASE SAVE THE DATE: OPEN HOUSE FOR BOTH 3 AND 5 WALLACE WILL BE HELD SUNDAY APRIL 2ND FROM 10am-2pm. This may be the only opportunity to see all units prior to an accepted offer. Hope to see you all there!
Multi-familyProperty Type
1920Year Built
8,258 sq ftLot Size
$174Est. Price/Sq.Ft.
6 spacesParking
Listed by Missy Fernald• eXp Realty
Bought with Ligia Garcia• Coldwell Banker Realty - Waltham
****HERE IT IS! and priced to sell!!!*** 3 family, 3,3,3 beds , add to , or start your investment portfolio ! Large units (1,140 sq ft each) , Freshly painted , updated baths , pantries, hardwood floors. ALL SEPARATE UTILITIES, each tenant pays their own ! OFF street parking. Wrap around porches.Low maintenance Vinyl siding . Conveniently located on bus route , close to pizza shop, park , coffee & breakfast diner.
MLS PIN #30566742
Apr 5, 2002
Sold
$160,000
$47/sq ft
Feb 23, 2002
Listing Removed
—
Dec 13, 2001
Listed
$160,000
$47/sq ft
GOOD MONEY MAKER. RENTS COULD BE HIGHER. HAS DELEADED CERTIFICATE. 1ST FLOOR IS RHI - HUD, NEW WINDOWS AND ALL INSULATED IN 1991. ALL STEEL DOORS. A MUST SEE
Public Records
Nov 27, 1985
Sold
$90,000
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$5,362 (+13.0%)
$40,500 + $294,200
$334,700
2022
$4,746 (+10.9%)
$40,500 + $294,200
$334,700
2021
$4,280 (+8.6%)
$27,000 + $197,900
$224,900
2020
$3,942 (+36.6%)
$22,100 + $177,900
$200,000
2018
$2,885 (+4.6%)
$28,200 + $109,100
$137,300
2017
$2,759 (−0.1%)
$25,800 + $102,600
$128,400
2016
$2,762 (−0.2%)
$25,800 + $104,300
$130,100
2014
$2,768 (+3.6%)
$27,000 + $112,600
$139,600
2013
$2,671 (−14.1%)
$28,200 + $112,000
$140,200
2012
$3,108 (−4.8%)
$63,800 + $112,600
$176,400
2011
$3,264 (+3.4%)
$65,300 + $136,200
$201,500
2010
$3,158 (+1.4%)
$71,200 + $147,500
$218,700
2009
$3,113
$75,000 + $170,100
$245,100
Tax history for 5 Wallace Rd
Year
Property tax
Land + Additions
Assessment*
2023
$5,362 (+13.0%)
$40,500 + $294,200
$334,700
2022
$4,746 (+10.9%)
$40,500 + $294,200
$334,700
2021
$4,280 (+8.6%)
$27,000 + $197,900
$224,900
2020
$3,942 (+36.6%)
$22,100 + $177,900
$200,000
2018
$2,885 (+4.6%)
$28,200 + $109,100
$137,300
2017
$2,759 (−0.1%)
$25,800 + $102,600
$128,400
2016
$2,762 (−0.2%)
$25,800 + $104,300
$130,100
2014
$2,768 (+3.6%)
$27,000 + $112,600
$139,600
2013
$2,671 (−14.1%)
$28,200 + $112,000
$140,200
2012
$3,108 (−4.8%)
$63,800 + $112,600
$176,400
2011
$3,264 (+3.4%)
$65,300 + $136,200
$201,500
2010
$3,158 (+1.4%)
$71,200 + $147,500
$218,700
2009
$3,113
$75,000 + $170,100
$245,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
8,276 Sq. Ft.
Year renovated
1975
Sq. Ft.
3,420
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Worcester County
APN
1503639
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 6
Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 3
Basement Information
Basement: Concrete, Unfinished
Interior Features
# of Rooms (Total): 15
Door Features: Storm Door(s)
Window Features: Insulated Windows
Flooring: Wood, Vinyl
Interior Features: Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 3
Exterior
Building Information
Building Area (Total): 3,420
Foundation Details: Block
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Color: Grey
Exterior Features
Patio And Porch Features: Porch, Deck - Wood
Property Information
PropertySubType: 3 Family
Lot Information
Lot Size (Acres): 0.19
Lot Features: Cleared, Level
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $5,362
Tax Year: 2023
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: 150 Amp Service
Heating & Cooling
Has Heating
Heating: Baseboard
Heating Units: 3
Cooling: Window Unit(s)
Location
Location Information
Directions: Please use GPS
UnparsedAddress: 5 Wallace Rd, Fitchburg MA 01420
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 3,420
Stories: 3.0
Lot Size: 8,276 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: 1975
County: Worcester County
APN: 1503639
Home facts updated by county records on Jul 20, 2023
Other
Miscellaneous Information
Heat Zones: 3
Listing Information
StandardStatus: Closed
Around this home
Schools
Reingold Elementary School
Public 1-5 • Assigned • 1.0mi
3/10
Arthur M Longsjo Middle School
Public 6-8 • Assigned • 1.0mi
3/10
Fitchburg High School
Public 9-12 • Assigned • 2.7mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Fitchburg, MA • 01420
Average low and high temperatures (°F)
30
16
33
18
49
29
59
39
67
49
79
59
84
64
80
58
74
54
62
43
49
33
35
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$566,000 – $685,000
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