Move-In-Ready 2-Unit
259 Beech St Fitchburg, MA 01420
For Sale
Under Contract
$499,000
MULTI_FAMILY - Fitchburg, MA
Property Size2,944 SF
Lot Size0.12 Acres
Price / SF$169.50
Days on Market16
Property Features for 259 Beech St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RES
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 3
- Parking
- 5
- Standard status
- Active Under Contract
- APN
- 1505128
- Size
- 2,944 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4647
Building Details
- Year built
- 1902
- Floors in Building
- 3
- Number of units
- 2
Listing Agency:
Keller Williams Realty North Central
(978) 840-9000
Listed By:
Rochelle Jonswold
(978) 840-9000
Added: Jul 12
Changed: Jul 18
Last Checked: Jul 27 at 2:06AM
MLS# 73548515
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.
Move-in-ready 2-unit duplex featuring separate utilities and lead-certified readiness. The property offers updated full stainless steel appliances and updated bathrooms in both units, along with Cali bamboo plank flooring and freshly painted interiors. The first-floor unit includes three bedrooms, a large open kitchen and living room, and a finished lower level with a third bedroom and two bonus rooms that can serve flex space. The second unit offers two bedrooms with a large open kitchen and living room.
Each unit has its own private enclosed porch. Exterior improvements include a new rubber roof in 2024, new doors and trim, exterior metal wrapping of windows, and updating and service of HVAC systems. Common electric panel.
A wraparound driveway provides rear parking, along with a storage shed and additional outdoor space.
Each unit has its own private enclosed porch. Exterior improvements include a new rubber roof in 2024, new doors and trim, exterior metal wrapping of windows, and updating and service of HVAC systems. Common electric panel.
A wraparound driveway provides rear parking, along with a storage shed and additional outdoor space.
Key Highlights
- Move‑in‑ready 2‑family built in 1902 with lead certification and separate utilities for each unit
- Each unit has updated full stainless steel appliances and updated bathrooms, plus California bamboo plank flooring
- 1st‑floor unit: 3 bedrooms with a large/open kitchen and living room, plus finished lower level with 3rd bedroom and 2 bonus rooms
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 | $58.3k | $19.80 |
| − Vacancy | −$1.4k | −$0.49 |
| EGI | $56.9k | $19.31 |
| − OpEx | −$17.1k | −$5.79 |
| NOI | $39.8k | $13.52 |
2,944 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$568.5K
$497.5K – $663.3K
NOI $39,796 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$494.8K
$432.9K – $577.2K
NOI $34,633 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$1.01M
$879.7K – $1.17M
NOI $70,373 @ 7.0% cap · market cap 14.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Move-in-ready 2-family with separate utilities, updated interiors, private enclosed porches, and a 2024 rubber roof.
Where is this duplex located?
The property is located at 259 Beech St Fitchburg, MA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Move‑in‑ready 2‑family built in 1902 with lead certification and separate utilities for each unit; Each unit has updated full stainless steel appliances and updated bathrooms, plus California bamboo plank flooring; 1st‑floor unit: 3 bedrooms with a large/open kitchen and living room, plus finished lower level with 3rd bedroom and 2 bonus rooms
