This Southside Fitchburg investment property offers a $6,300 monthly revenue with the potential for $7,000. The property consists of a three-story, wood-frame building containing one 4BR apartment and two 3BR apartments. The apartments are bright with renovated kitchens and bathrooms, and a combination of hardwood and laminate flooring. The in- place NOI is approximately $64,000 with the potential for $72,000, and the cap rate is 8.8% with the potential to build to 10%. Located steps from the Laurel Hill Cemetery, and nearby to Howarth Park, the Fitchburg Public Library, Fitchburg Riverfront Park, Fitchburg City Hall, Fitchburg District Court, and other downtown municipal buildings and departments, the property offers immediate access to Massachusetts Routes 12, 31 and 2A, and is 2 and 5 miles, respectively, to major highways Mass Route 2, and I-190. The property is located nearby to area hospitals - approximately 1.5 miles to HealthAlliance-Clinton Hospital Fitchburg Campus - and area colleges and universities. The property is under 1 mile from Fitchburg State University and approximately 1.5 miles to Mount Wachusett Community College (MWCC) Fitchburg campus. Within a 40 minute drive-time of Worcester and Worcester-area colleges and universities, the property is situated within a 25-mile radius of 11 colleges and universities. Fitchburg is home to major employers including Fitchburg State University and HealthAlliance Hospital, Market Basket, and Georgia-Pacific. The primary public transit connection from Fitchburg to Boston is the MBTA Fitchburg Line Commuter Rail, which runs directly from Wachusett Station to Boston’s North Station. The route takes about 1 hour 30 minutes, with multiple departures offered throughout the day. Worcester Regional Airport in Worcester is approximately 30 miles south, offering regional and national air service. The Worcester MA MSA has a population of over 880,000, and Worcester is the second largest city in Massachusetts.