Three-Family Residential
25 Beech Street Fitchburg, MA 01420
25 Beech Street, Fitchburg, MA, 01420
$505,000
For Sale
$505,000
Three-unit property with off-street parking and on-site laundry, sold as-is.
Property Size3,345 SF
Price / SF$150.97
Days on Market17
Property Features for 25 Beech Street
General Information
- Standard status
- Active
- Size
- 3,345 SF
- Property subtype
- Multi-family / 3 Family
Building Details
- Year Built
- 1900
Listing agency
ERA Key Realty Services - Worcester
(508) 853-0964
Listed by
Alfred Dancy · License #9574441
(508) 853-0964
Source
Compass
Added: Jul 5 Updated: Jul 20 at 4:44PM Checked: Jul 21 at 6:15AM
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 ERA Key Realty Services - Worcester
Investment Insights
Based on property information with market context.
This three-family residential income property includes separate units across the first and second floors plus a basement unit. The first-floor unit has three bedrooms and one full bath and will be delivered vacant. The second-floor unit also offers three bedrooms and one full bath, and the basement unit features two bedrooms and one full bath. The property includes on-site laundry and ample off-street parking.
The offering is for sale and is being sold as-is. Showings are limited to scheduled open houses and group tours only.
The unit mix provides a straightforward layout for an owner-occupant or an investor, with multiple units supported by the building’s on-site laundry and parking amenities.
The offering is for sale and is being sold as-is. Showings are limited to scheduled open houses and group tours only.
The unit mix provides a straightforward layout for an owner-occupant or an investor, with multiple units supported by the building’s on-site laundry and parking amenities.
Key Highlights
- Three‑family property with 3 total full baths and three separate units
- First‑floor unit has 3 bedrooms and 1 full bath and will be delivered vacant
- Second‑floor unit has 3 bedrooms and 1 full bath
Local 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 | $66.2k | $19.80 |
| − Vacancy | −$1.6k | −$0.49 |
| EGI | $64.6k | $19.31 |
| − OpEx | −$19.4k | −$5.79 |
| NOI | $45.2k | $13.52 |
3,345 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$646.0K
$565.2K – $753.6K
NOI $45,217 @ 7.0% cap · market cap 8.95%
Second Best
Apartment 5plus
$562.1K
$491.9K – $655.8K
NOI $39,350 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$1.14M
$999.5K – $1.33M
NOI $79,959 @ 7.0% cap · market cap 15.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit property with off-street parking and on-site laundry, sold as-is.
Where is this triplex located?
The property is located at 25 Beech Street Fitchburg, MA.
What is the asking price?
The asking price for this property is $505,000.
What are key features of this property?
This property features: Three‑family property with 3 total full baths and three separate units; First‑floor unit has 3 bedrooms and 1 full bath and will be delivered vacant; Second‑floor unit has 3 bedrooms and 1 full bath
