259 Beech St Fitchburg, MA 01420
MULTI_FAMILY - Fitchburg, MA
- Added:
- Jul 12, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 14 at 7:06 am
Property Features for 259 Beech St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RES
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 2
- Parking
- 5
- Standard status
- Active
- APN
- 1505128
- Size
- 2,944 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4647
Building Details
- Year built
- 1902
- Floors in Building
- 3
- Number of units
- 2
Listing agent Rochelle Jonswold (978) 840-9000
Listing office Keller Williams Realty North Central 670 Mechanic Street, MA (978) 840-9000
Listing date Jul 12, 2026
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Recent improvements include a new rubber roof (2024), new doors and trim, exterior metal wrapping of windows, fresh interior/exterior paint, and updating/service of the HVAC systems. A common electric panel serves the property.
Outside, a wraparound driveway provides rear parking, along with a storage shed and additional outdoor space with future potential.
Key Highlights
- Move‑in‑ready 2‑family home built in 1902, with separate utilities and lead‑certified status
- Each unit has its own private enclosed porch
- 1st‑floor unit offers 3 bedrooms with an open kitchen and living area plus access from an exterior door to the backyard
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 | $58.3k | $19.80 |
| − Vacancy | −$1.4k | −$0.49 |
| EGI | $56.9k | $19.31 |
| − OpEx | −$17.1k | −$5.79 |
| NOI | $39.8k | $13.52 |
