Two-Family Residential Income
For Sale
$438,900
205 Woodland St, Fitchburg, MA 01420
Well-maintained 2-unit property with each unit featuring two bedrooms and one full bath.
Property Size1,738 SF
Price / SF$252.53
Days on Market157
Property Features for 205 Woodland St
General Information
Standard status
Active
Size
1,738 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Zoning
RB
Net Operating Income
$42,000
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,512
Building Details
Building Size
1,738 SF
Year Built
1925
Stories
2
Listing Agency:
RSC Global Realty
(978) 878-7018
Listed By:
Harold Mateo
(978) 430-6710
Source:
Churchillprop
Added: May 19
Changed: Oct 15
Last Checked: Oct 20 at 7:07PM
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 RSC Global Realty
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Investment Insights
Based on property information with market context.
Offered for sale, this well-maintained 2-family home includes two separate residential units. Each unit is laid out with two bedrooms and one full bath, providing functional living space for day-to-day comfort.
The property also includes a large yard that offers outdoor space for recreation and other uses. The home is located near shopping, public transportation, local amenities, and major routes, supporting convenient access for residents.
For buyers seeking a multi-family structure with consistent unit layouts, this Fitchburg duplex presents a straightforward configuration designed to serve both owner-occupant and income-focused strategies.
The property also includes a large yard that offers outdoor space for recreation and other uses. The home is located near shopping, public transportation, local amenities, and major routes, supporting convenient access for residents.
For buyers seeking a multi-family structure with consistent unit layouts, this Fitchburg duplex presents a straightforward configuration designed to serve both owner-occupant and income-focused strategies.
Key Highlights
- Well‑maintained 2‑family home built in 1925 in Fitchburg
- Each unit features 2 bedrooms and 1 full bath
- Functional layouts in both units with comfortable living space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,494
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,880
$469.9K
Cap Rate 7%
$335,629
$335.6K
Cap Rate 9%
$261,044
$261.0K
Market Conditions
NOI Build-Up for 1,738 SF
Gross rent
$34.4K $19.80/SF
− Vacancy
−$850 −$0.49/SF
EGI
$33.6K $19.31/SF
− OpEx
−$10.1K −$5.79/SF
NOI
$23.5K $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%
$469,880
Cap Rate 7%
$335,629
Cap Rate 9%
$261,044
Alternative Uses
Best Use
Multifamily LT 5
$335.6K
$293.7K – $391.6K
NOI $23,494 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$292.1K
$255.6K – $340.8K
NOI $20,446 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$593.5K
$519.3K – $692.4K
NOI $41,545 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
292
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
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained 2-unit property with each unit featuring two bedrooms and one full bath.
Where is this duplex located?
The property is located at 205 Woodland St Fitchburg, MA.
What is the asking price?
The asking price for this property is $438,900.
What are key features of this property?
This property features: Well‑maintained 2‑family home built in 1925 in Fitchburg; Each unit features 2 bedrooms and 1 full bath; Functional layouts in both units with comfortable living space
