$475,000

318 Charles St Fitchburg, MA 01420

$5,641
Closing credit¹
5 beds
3 full
2,378 sqft
0.1 acres
$200 / sqft
Multi-Family

Property details

About 318 Charles St

Attention Investors! 318 Charles Street is a 3 family property offering strong rental potential on a dead end street. Two of the units — both 1 bed, 1 bath and located on the first level — are beautifully refreshed and move-in ready. Both are freshly painted with brand-new stainless steel range ovens. The third unit features 3 bedrooms and 1 full bath, offering even more income potential. Whether you’re looking to live in one unit and rent the others, or lease all three, this is a great opportunity for owner occupants and investors alike. Includes a detached one two car garage. Located close to Fitchburg State University, commuter rail, downtown shops, restaurants, and Route 2 for easy access, this property is positioned well for consistent tenant demand and long-term value.

Highlights

Home typeMulti Family
HeatingNatural Gas, Electric
StatusActive
(New)
Size2,378 sqft
BasementYes
Lot size0.11 Acres
Year built1900
ParkingOff Street
MLS #73385898
Garage1 space

Summary

  • Full Bathrooms: 3
  • Appliances: Range
  • Basement: Yes
  • Flooring Type: Wood, Vinyl, Carpet, Laminate, Vinyl / VCT
  • Interior: Living Room, Dining Room, Kitchen
  • Total Bedroom Count: 5
  • Garage Space: 1 space
  • Parking: Off Street
  • Heating: Natural Gas, Electric
  • List Price: $475,000
  • Price/SqFt: $199
  • Annual Tax Amount: $5,053
  • Tax Year: 2024
  • Lot: Cleared, Gentle Sloping
  • Directions: GPS
  • Year Built: 1900
  • Stories: 4
  • Living Area: 2,378 SqFt
  • Lot Size: 0.11 Acres
  • MLS Number: 73385898
  • MLS Name: MLS Property Information Network
  • Office Name: Moor Realty Group
  • Office Phone: (781) 961-6667
  • Listing Agent: VIP Group

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/7/2025, 12:55:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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318 Charles St, Fitchburg, MA 01420 - view of front of home with entry steps

$475,000

318 Charles St

$5,641

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 17, 2024
Home Sold
$330,000

Tax history

YearAssessmentProperty Tax
2024$341,200$5,053
2023$286,700$4,593
2022$246,000$4,332
2021$216,700$4,124
2020$179,300$3,534
2018$130,100$2,733
2017$121,500$2,611

History based on county public records data.

Nearby schools

4

Reingold Elementary School

Public District PK-4

1.3 mi

70 Reingold Ave

5

Crocker Elementary School

Public District PK-4

1.6 mi

200 Bigelow Rd

5

Northwest Elementary School

Public District KG-5

3.7 mi

45 Stearns Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,520. Residents of Fitchburg, MA typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

49%
<35k
45%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
23%
Single, with Kids
17%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • QdobaQdoba
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • DodgeDodge
  • VolkswagenVolkswagen
  • MazdaMazda

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Fitchburg, MA

Fitchburg's transportation infrastructure includes a regional transit authority that provides bus services with a schedule designed to accommodate commuters and local travelers. The city's train station connects residents to other parts of Massachusetts, offering additional commuting options. While ride-sharing services are available, enhancing mobility for those without personal vehicles, the city also focuses on improving walkability in key areas. Major roadways facilitate travel in and out of the city, and ongoing transportation projects aim to improve traffic flow and accessibility.

The community benefits from a solid educational system, including several public schools at the elementary, middle, and high school levels, as well as private educational institutions, some with religious affiliations. Fitchburg State University adds to the educational landscape, providing higher education opportunities. Healthcare services are available through local clinics and a regional hospital, offering a range of medical services from primary care to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with a mix of independent shops and restaurants that cater to a variety of tastes.

Fitchburg is celebrated for its rich industrial history and cultural heritage, which is evident in its architecture and community events. The city prides itself on a strong sense of community, with annual festivals and public gatherings that highlight its diverse population and artistic leanings. The Fitchburg Art Museum and numerous public parks contribute to the city's character, offering residents and visitors alike a glimpse into its vibrant cultural scene.

Fitchburg's housing market is diverse, offering a range of options from historic Victorian homes to contemporary condominiums. Single-family homes are prevalent, reflecting a blend of classic and modern architectural styles. The housing stock includes a significant number of properties built in the late 19th and early 20th centuries, adding to the city's historic charm. The homeownership rate in Fitchburg is robust, with a substantial portion of residents owning their homes, while the remainder of the population resides in rental properties, including apartments and multi-family units.

About 318 Charles St

The listing price of 318 Charles St property is $475,000.

The property 318 Charles St is a multi located in Fitchburg, Massachusetts, 01420.

Active Listing: 318 Charles St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 318 Charles St are: Reingold Elementary School (GreatSchools Rating 4/10), Crocker Elementary School (GreatSchools Rating 5/10), Northwest Elementary School (GreatSchools Rating 5/10), Arthur M Longsjo Middle School (GreatSchools Rating 3/10), Memorial Middle School (GreatSchools Rating 6/10), McKay Arts Academy (GreatSchools Rating 3/10), Goodrich Academy (GreatSchools Rating 3/10), Sizer School: a North Central Charter Essential School (GreatSchools Rating 4/10), Fitchburg High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $5,053 (source: MLS/based on county public records data).

The last sale was on April 17, 2024 for $330,000 (source: MLS/tax record).

The property 318 Charles St is 2,378 SqFt (source: MLS/tax record).

The year of construction for 318 Charles St is 1900.

This home is located at 318 Charles St in Fitchburg, MA and zip code 01420. This 2,378 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $475,000.

Fitchburg, MA housing market in May 2025 saw over 23 listings sold above listed price, more than 7 sold at listed price and over 9 sold below. In May 2025 in Fitchburg, MA there were 8.9% more homes for sale than in April. In May 2025, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $409,400.

From Rocket Homes Real Estate and based on county public records data.

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