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    Renovated Three-Family Residence Title is generated by Realmo AI

    115 Beech, Fitchburg, MA 01420

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    Claim this Listing
    For Sale
    $599,900

    MULTI_FAMILY - Fitchburg, MA

    Property size:
    2,808 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $213/SF
    Added:
    Apr 16, 2026
    Days on Market:
    57
    Last Refresh:
    Jun 11 at 1:06 pm

    Property Features for 115 Beech

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RC
    Bedrooms
    8
    Bathrooms
    3
    Rooms
    Bathroom 3, Bedroom 6, Bedroom 2, Bedroom 5, Bedroom 8, Bedroom 7, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 2
    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

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    Listing Contact
    Christina Hill

    Listing agent Christina Hill

    Listing office Keller Williams Realty Boston Northwest 1 Militia Drive, Ste. 204, Concord, MA

    Listing date Apr 16, 2026

    MLS# 73503338 Listing URL

    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.

    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
    • Each unit has its own washer and dryer hookup
    • Unit 3 has a lead paint certificate
    • Unit 1 can be delivered vacant

    Overview

    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.

    Local 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 (±1% cap)
    NOI $37,958 @ 7.0% cap · market cap 6.33%
    Second Best
    Apartment 5plus
    $471.9K
    $412.9K – $550.6K (±1% cap)
    NOI $33,033 @ 7.0% cap · market cap 5.51%
    Theoretical Best
    Office A
    $958.9K
    $839.0K – $1.12M (±1% cap)
    NOI $67,122 @ 7.0% cap · market cap 11.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.815242
    Latitude
    42.581087

    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
    More about this property
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