Two-Family Residential Income
205 Woodland Street Fitchburg, MA 01420
For Sale
$510,000
Well-maintained 2-unit property with each unit featuring two bedrooms and one full bath.
Property Size1,738 SF
Price / SF$293.44
Days on Market70
Property Features for 205 Woodland Street
General Information
- Standard status
- Active
- Size
- 1,738 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1925
Listing Agency:
RSC Global Realty
Listed By:
Harold Mateo
(978) 922-3683
Source:
Jbarrettrealty
Added: May 15
Changed: Jul 21
Last Checked: Jul 22 at 7:06AM
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
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 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 | $34.4k | $19.80 |
| − Vacancy | −$850 | −$0.49 |
| EGI | $33.6k | $19.31 |
| − OpEx | −$10.1k | −$5.79 |
| NOI | $23.5k | $13.52 |
1,738 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$335.6K
$293.7K – $391.6K
NOI $23,494 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$292.1K
$255.6K – $340.8K
NOI $20,446 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$593.5K
$519.3K – $692.4K
NOI $41,545 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
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 Street Fitchburg, MA.
What is the asking price?
The asking price for this property is $510,000.
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
