387 Water St, Fitchburg, MA 01420 - Photo 1

1/1

$720,000

Sold
Closed
Multi-Family
3 Units
10 Total Beds
0.11 Acres
3 Car Garage

1/1

Property Description

PRIME OPPORTUNITY: MULTI-FAMILY HOME IN FITCHBURG! Attention investors, entrepreneurs, and first-time buyers! This remarkable 3-family property offers endless possibilities. Nestled in a vibrant area with excellent street frontage, this multi-use gem includes an in-law suite and versatile space, making it a truly rare find. Property Highlights: Residential Potential: Three spacious units with a total of 15 rooms, 10 bedrooms, and 4.5 baths. Perfect for maximizing rental income or owner occupancy. Flexible Tenancies: All units are tenant-at-will, giving you the freedom to adapt as needed. Opportunities like this don't come around often!

Full Property Details

Full Property Details for 387 Water St

General

Sold For: $720,000
Taxes: $8,090 (2025)
Status: Closed
Type: Multi-Family
MLS ID: 73391697
Added to Site: 215 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 5
Full Bathrooms: 4
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 10

Parking

Garage: Yes
Garage Spaces: 3
Parking Features: Paved Drive, Off Street, Paved

Location

County: Worcester

Structural Information

Basement: Yes
Stories/Levels: 3
Square Feet: 4,959
Year Built: 1900

Lot Features

Lot Size (Acres): 0.11

Financial Considerations

Tax Amount: $8,090
Tax Year: 2025

Disclosures and Reports

Disclosures/Rstr.: Unit 4 is a commercial space. All tenants are TAW.
Property ID: M:0082 B:0091 L:0, 1506417

Listed by Empire Real Estateâ„¢, Coa Realty Group and Moises Coa Urena
Sold by Empire Real Estateâ„¢, Coa Realty Group

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Listing agents

— 387 Water St —

Coa Realty Group

Empire Real Estateâ„¢
Moises Coa Urena

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NMLS#: 1598647

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Schools

Schools serving 387 Water St

School District:Fitchburg School District

Name	Grades	Distance
South Street Elementary School 376 South Street, Fitchburg, MA 01420	PK-4	0.4 mi
Crocker Elementary School 200 Bigelow Road, Fitchburg, MA 01420	PK-4	2.1 mi
Reingold Elementary School 70 Reingold Avenue, Fitchburg, MA 01420	K-4	2.1 mi
Arthur M Longsjo Middle School 98 Academy Street, Fitchburg, MA 01420	5-8	0.9 mi
Memorial Middle School, Fitchburg, MA 615 Rollstone Street, Fitchburg, MA 01420	5-8	1.1 mi
Fitchburg High School 140 Arn-How Farm Road, Fitchburg, MA 01420	9-12	3.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 387 Water St

Date

Details

Price

Change

Source

7/31/2025

Sold

$720,000

4.5%

MLS

6/16/2025

Listed

$689,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

$400,000

Open House

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Single Family
Active
Updated 18 hours ago

2
Beds
1
Total Bath
995
Sq. Ft.

Listed by David Cohen (617) 955-5012

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Just Listed

$949,900

Open House

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Single Family
Active
Updated 1 day ago

4
Beds
3
Total Baths
4,671
Sq. Ft.

Listed by Lynn Walsh (978) 514-2903

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Just Listed

$779,900

Open House

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Single Family
Active
Updated 14 hours ago

3
Beds
3
Total Baths
2,100
Sq. Ft.

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Just Listed

$465,000

Open House

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Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths
2,146
Sq. Ft.

15 6th St, Leominster, MA 01453 - Photo 1

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Single Family
Active
Updated 1 day ago

3
Beds
3
Total Baths
1,794
Sq. Ft.

Lot 2 Birch St, Leominster, MA 01453 - Photo 1

Price Reduced

-$7,000 (-4.76%)

$140,000

Lot 2 Birch St Leominster, MA 01453

Land Residential
Active
Updated 2 days ago

0.84
Acres

161 11th St, Leominster, MA 01453 - Photo 1

Price Reduced

-$50 (-0.01%)

$539,550

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Single Family
Active
Updated 2 days ago

4
Beds
2
Total Baths
1,284
Sq. Ft.

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Price Reduced

-$15,000 (-6%)

$235,000

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Condo
Active
Updated 18 hours ago

2
Beds
1
Total Bath
728
Sq. Ft.

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Sold

$680,000

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Multi-Family
Closed

2
Units
7
Total Beds
0.17
Acres

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Sold

$650,000

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Multi-Family
Closed

3
Units
8
Total Beds
0.25
Acres

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Sold

$675,000

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Multi-Family
Closed

3
Units
9
Total Beds
0.4
Acres

158 Green St, Fitchburg, MA 01420 - Photo 1

Sold

$675,000

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Multi-Family
Closed

3
Units
9
Total Beds
0.1
Acres

387 Water St, Fitchburg, MA 01420 (MLS# 73391697) is a Multi-Family property that was sold at $720,000 on July 31, 2025. Want to learn more about 387 Water St? Do you have questions about finding other Multi-Family real estate for sale in Fitchburg? You can browse all Fitchburg real estate or contact a Coldwell Banker agent to request more information.

387 Water St Fitchburg, MA 01420