Corner-Lot Duplex with Private Outdoor
For Sale
$419,900
25 - 27 Brier Street, Fitchburg, MA 01420
Two-unit property with separate heating systems, private outdoor areas, storage, and a full unfinished basement.
Property Size1,576 SF
Price / SF$266.43
Days on Market154
Property Features for 25 - 27 Brier Street
General Information
Standard status
Active
Size
1,576 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Zoning
RB
Amenities
Baseboard, Natural Gas
Electric Dryer Hookup, Washer Hookup
Vinyl, Carpet, Hardwood
Range, Dishwasher, Refrigerator, Washer/Dryer
Bathroom with Shower Stall, Open Floorplan, Living Room, Kitchen, Sunroom
No
Shingle,Rubber
Rain Gutters, Fruit Trees
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Private School, Public School, T-Station, University
for Electric Range, for Electric Dryer, Washer Hookup
4
Building Details
Building Size
1,576 SF
Year Built
1920
Stories
2
Listing Agency:
LAER Realty Partners
(978) 534-6464
Listed By:
Lauren McNamara · License #9036935
Source:
Reishomesearch
Added: Apr 1
Changed: Aug 29
Last Checked: Apr 22 at 11:00AM
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 LAER Realty Partners
Investment Insights
Based on property information with market context.
This two-family residence offers 1,576 square feet across two units, with vinyl siding, replacement windows, newer carpeting, and circuit breakers serving each unit. Separate natural-gas heating systems and water heaters are located in the clean, unfinished concrete basement. The property also includes a storage shed and maintained yard space.
Outdoor features include a patio-block area for the first unit and composite stairs, decking, and a private sitting area serving the second unit. The home occupies a corner lot at 25–27 Brier Street in Fitchburg, Massachusetts, and was built in 1920. The second-floor tenant is scheduled to move out on 4/30/2026, while the first-floor occupant may remain or leave at closing.
Outdoor features include a patio-block area for the first unit and composite stairs, decking, and a private sitting area serving the second unit. The home occupies a corner lot at 25–27 Brier Street in Fitchburg, Massachusetts, and was built in 1920. The second-floor tenant is scheduled to move out on 4/30/2026, while the first-floor occupant may remain or leave at closing.
Key Highlights
- Two‑family property with 1,576 square feet
- Corner lot at 25–27 Brier Street in Fitchburg, MA 01420
- Separate natural‑gas heating systems and water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,304
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$426,080
$426.1K
Cap Rate 7%
$304,343
$304.3K
Cap Rate 9%
$236,711
$236.7K
Market Conditions
NOI Build-Up for 1,576 SF
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.
Gross rent
$31.2K $19.80/SF
− Vacancy
−$771 −$0.49/SF
EGI
$30.4K $19.31/SF
− OpEx
−$9.1K −$5.79/SF
NOI
$21.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$426,080
Cap Rate 7%
$304,343
Cap Rate 9%
$236,711
Alternative Uses
Best Use
Multifamily LT 5
$304.3K
$266.3K – $355.1K
NOI $21,304 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$264.9K
$231.8K – $309.0K
NOI $18,540 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$538.2K
$470.9K – $627.9K
NOI $37,673 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
775
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with separate heating systems, private outdoor areas, storage, and a full unfinished basement.
Where is this duplex located?
The property is located at 25 - 27 Brier Street Fitchburg, MA.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Two‑family property with 1,576 square feet; Corner lot at 25–27 Brier Street in Fitchburg, MA 01420; Separate natural‑gas heating systems and water heaters
