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3D

748 Water St, 
Fitchburg, MA 01420

$550,000

6

Beds

3

Baths

4,134

Sq Ft

Multi-Family

Active

Listed by

Rebecca Koulalis

Redfin Corp.

617-340-7803

Last updated:

January 15, 2026, 01:52 AM

MLS#

73466600

Source:

MLSPIN

About This Home

748 Water St

Excellent opportunity for investors to acquire a three-family property with strong upside potential in a highly desirable location. Each unit offers a functional layout with two bedrooms, one bathroom, a living room, dining room, and kitchen. The third-floor unit is currently owner-occupied, providing flexibility for repositioning, future rental income, or an owner-occupant strategy. All units are very sunny and bright, creating attractive living spaces for tenants. This property is ideal for an investor looking to gain sweat equity, improve rents over time, and add value through updates. Located close to Route 2, Shopping and the rail trail, the property offers excellent commuter access and long-term rental demand. Property is being sold as is. A compelling value-add multi-family investment opportunity in a sought-after location. Showings only at Open Houses - Saturday 1/10/26 10am-1pm and Sunday 1/11/2026 10am - 1pm. ***Offer Deadline Monday 1/12 5pm***

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1900

Price Summary

550,000

$133 per Sq. Ft.

MLS #:

73466600

Last Updated:

January 15, 2026, 01:52 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

4,134 Sq. Ft.

Structure

Structure

Building Area:

4,134 Sq. Ft.

Year Built:

1900

Lot

Lot Size (Sq. Ft):

11,156

Finances & Disclosures

Finances

Price:

$550,000

Price per Sq. Ft:

$133 per Sq. Ft.

Source:MLSPIN
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.