Duplex with Private
For Sale
$399,900
161 Plymouth St, Fitchburg, MA 01420
Two-unit property with recent roof and siding improvements, a private yard, and off-street parking.
Property Size2,120 SF
Price / SF$188.63
Days on Market62
Property Features for 161 Plymouth St
General Information
Standard status
Active
Size
2,120 SF
Property subtype
2 Family - 2 Units Up/Down
Building Details
Year Built
1927
Listing Agency:
Coldwell Banker Realty - Leominster
(978) 840-4014
Listed By:
T. Jay Johnson Jr.
(978) 423-9845
Source:
Lockandkeyre
Added: Aug 5
Changed: Oct 4
Last Checked: Oct 5 at 7:05PM
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 Coldwell Banker Realty - Leominster
Investment Insights
Based on property information with market context.
Located at 161 Plymouth St in Fitchburg, Massachusetts, this duplex contains 2120 sq ft and was built in 1927. The property includes 6 bedrooms, a private yard, and off-street parking. Recent roof and siding work address key exterior components, while interior repairs and cosmetic updates remain necessary.
One unit is currently vacant, and the property can be delivered vacant at closing. The layout provides flexibility for a new owner’s living or rental plans, subject to the condition and required improvements of the property.
One unit is currently vacant, and the property can be delivered vacant at closing. The layout provides flexibility for a new owner’s living or rental plans, subject to the condition and required improvements of the property.
Key Highlights
- 2120 sq ft duplex built in 1927
- 6‑bedroom layout
- Recent roof and siding improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,657
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,140
$573.1K
Cap Rate 7%
$409,386
$409.4K
Cap Rate 9%
$318,411
$318.4K
Market Conditions
NOI Build-Up for 2,120 SF
Gross rent
$42.0K $19.80/SF
− Vacancy
−$1.0K −$0.49/SF
EGI
$40.9K $19.31/SF
− OpEx
−$12.3K −$5.79/SF
NOI
$28.7K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,140
Cap Rate 7%
$409,386
Cap Rate 9%
$318,411
Alternative Uses
Best Use
Multifamily LT 5
$409.4K
$358.2K – $477.6K
NOI $28,657 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$356.3K
$311.8K – $415.7K
NOI $24,940 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$723.9K
$633.5K – $844.6K
NOI $50,676 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Explore this area
Business Placement
Demographics for 01420, MA
41,940
Population
17,998
Households
2.3
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
30.1 sq mi
ZIP Area
1,393
Density / Sq Mi
$70,334
Median Household Income
$41,753
Median Earnings
$1,131
Median Rent
$294,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with recent roof and siding improvements, a private yard, and off-street parking.
Where is this duplex located?
The property is located at 161 Plymouth St Fitchburg, MA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2120 sq ft duplex built in 1927; 6‑bedroom layout; Recent roof and siding improvements
