Renovated Three-Family
115 Beech Fitchburg, MA 01420
For Sale
$599,900
MULTI_FAMILY - Fitchburg, MA
Property Size2,808 SF
Lot Size0.16 Acres
Price / SF$213.64
Days on Market103
Property Features for 115 Beech
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RC
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 7, Bedroom 8, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6
- Parking
- 8
- Standard status
- Active
- APN
- 1504368
- Size
- 2,808 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6383
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 3
Listing Agency:
Keller Williams Realty Boston Northwest
(781) 862-2800
Listed By:
Christina Hill
(978) 369-5775
Added: Apr 16
Changed: Jun 15
Last Checked: Jul 26 at 11:06PM
MLS# 73503338
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated three-family residence includes two three-bedroom units and one two-bedroom unit. Each unit has its own washer and dryer hookup. Unit 1 features central heat/AC, with that system installed in 2025. The property is configured for comfortable, separate living arrangements across all three units, supported by updated finishes and modern amenities as described in the remarks.
Located in Fitchburg, the home is described as being near amenities, schools, public transportation, and shopping, which may appeal to tenants who value daily convenience. The zoning is listed as RC.
From an ownership standpoint, the layout supports either owner-occupancy with rental income from the other units or a multi-unit investment strategy. Unit 3 includes a lead paint certificate, and Unit 1 can be delivered vacant, which may simplify near-term occupancy planning for the next owner. The combination of unit diversity, laundry hookups, and the recent HVAC installation for Unit 1 gives the property practical, tenant-ready functionality.
Located in Fitchburg, the home is described as being near amenities, schools, public transportation, and shopping, which may appeal to tenants who value daily convenience. The zoning is listed as RC.
From an ownership standpoint, the layout supports either owner-occupancy with rental income from the other units or a multi-unit investment strategy. Unit 3 includes a lead paint certificate, and Unit 1 can be delivered vacant, which may simplify near-term occupancy planning for the next owner. The combination of unit diversity, laundry hookups, and the recent HVAC installation for Unit 1 gives the property practical, tenant-ready functionality.
Key Highlights
- 3‑family residence in Fitchburg, MA (heart of Fitchburg) with Year Built 1900
- Unit mix: two 3‑bedroom units plus one 2‑bedroom unit
- Unit 1 includes washer/dryer and central heat/AC installed in 2025
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.6k | $19.80 |
| − Vacancy | −$1.4k | −$0.49 |
| EGI | $54.2k | $19.31 |
| − OpEx | −$16.3k | −$5.79 |
| NOI | $38.0k | $13.52 |
2,808 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$542.3K
$474.5K – $632.6K
NOI $37,958 @ 7.0% cap · market cap 6.33%
Second Best
Apartment 5plus
$471.9K
$412.9K – $550.6K
NOI $33,033 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$958.9K
$839.0K – $1.12M
NOI $67,122 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Renovated 3-unit property with multiple bedrooms, in-unit laundry hookups, and central heat/AC added for Unit 1.
Where is this triplex located?
The property is located at 115 Beech Fitchburg, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 3‑family residence in Fitchburg, MA (heart of Fitchburg) with Year Built 1900; Unit mix: two 3‑bedroom units plus one 2‑bedroom unit; Unit 1 includes washer/dryer and central heat/AC installed in 2025
