Three-Story Multi-Family
119 Woodland St Fitchburg, MA 01420
119 Woodland St, Fitchburg, MA, 01420
$634,900
For Sale
$634,900
Built in 1900, this three-story multi-family residence offers 10 bedrooms and three full bathrooms with dedicated outdoor space.
Property Size3,198 SF
Lot Size0.08 Acres
Price / SF$198.53
Days on Market93
Property Features for 119 Woodland St
General Information
- Standard status
- Active
- Size
- 3,198 SF
- Lot size
- 0.08 Acres
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing agency
Boston Hub Real Estate
(978) 578-5013
Listed by
Chris Bernier
(978) 578-5013
Source
Churchillprop
Added: Apr 21 Updated: Jul 21 at 3:35PM Checked: Jul 22 at 2:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Boston Hub Real Estate
Investment Insights
Based on property information with market context.
Built in 1900, this three-story multi-family residence provides a substantial living layout with approximately 3,198 square feet and dedicated outdoor space on a 3,454 square foot lot. The home includes ten distinct bedrooms, offering private room configurations for occupants, along with three full bathrooms to support daily convenience.
The property’s enduring architecture and multi-level design contribute to its distinctive presence within its surroundings. As a residential income property, it presents a sizable interior footprint and outdoor space as part of its overall package.
If you’re looking for a larger, character-driven residential income asset, this residence is sized to accommodate multiple bedrooms within a well-established three-story framework and includes outdoor space for the property itself.
The property’s enduring architecture and multi-level design contribute to its distinctive presence within its surroundings. As a residential income property, it presents a sizable interior footprint and outdoor space as part of its overall package.
If you’re looking for a larger, character-driven residential income asset, this residence is sized to accommodate multiple bedrooms within a well-established three-story framework and includes outdoor space for the property itself.
Key Highlights
- Built in 1900, this three‑story multi‑family residence offers 3 full bathrooms
- 3198 sq ft of living area with 10 distinct bedrooms for multiple occupants
- Ten‑bedroom layout with dedicated outdoor space on a 3454 sq ft lot
Local Financial Insights For Apartment 5plus
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 | $70.2k | $21.96 |
| − Vacancy | −$1.8k | −$0.57 |
| EGI | $68.4k | $21.39 |
| − OpEx | −$30.8k | −$9.63 |
| NOI | $37.6k | $11.76 |
3,198 SF · lease $21.96/SF/yr · vacancy 2.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$537.4K
$470.3K – $627.0K
NOI $37,621 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$955.6K – $1.27M
NOI $76,445 @ 7.0% cap · market cap 12.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
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FAQs
What type of property is this?
Apartment building - Built in 1900, this three-story multi-family residence offers 10 bedrooms and three full bathrooms with dedicated outdoor space.
Where is this apartment building located?
The property is located at 119 Woodland St Fitchburg, MA.
What is the asking price?
The asking price for this property is $634,900.
What are key features of this property?
This property features: Built in 1900, this three‑story multi‑family residence offers 3 full bathrooms; 3198 sq ft of living area with 10 distinct bedrooms for multiple occupants; Ten‑bedroom layout with dedicated outdoor space on a 3454 sq ft lot
