Triplex with Separate Gas
30-34 Pleasant St, Fitchburg, MA 01420
For Sale
New
$620,000
Each of the three residences includes three bedrooms, an eat-in kitchen, and laundry hookups.
Property Size3,010 SF
Lot Size0.21 Acres
Price / SF$205.98
Days on Market7
Property Features for 30-34 Pleasant St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Public Transit
Tenant in Place
Building Details
Year Built
Listing Agency:
Coldwell Banker Realty - Newton
Listed By:
Diane Basemera · License #CN232564
Source:
C21revolution
Added: Nov 3
Changed: Nov 7
Last Checked: Nov 8 at 3:06AM
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 Coldwell Banker Realty - Newton
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit residential property contains approximately 3,010 square feet of living area, with nine bedrooms and three full bathrooms. Each unit has an eat-in kitchen with a pantry, a living area, and laundry hookups. Separate gas heating systems serve the units, and the property has four off-street parking spaces. The roof was replaced in 2022, and the property is lead compliant. The 9,000-square-foot lot is in Fitchburg, Massachusetts.
All three units are occupied. Fitchburg State University, the MBTA commuter rail, downtown Fitchburg, shopping, dining, parks, and major commuter routes are nearby. The property was built in 1900.
All three units are occupied. Fitchburg State University, the MBTA commuter rail, downtown Fitchburg, shopping, dining, parks, and major commuter routes are nearby. The property was built in 1900.
Key Highlights
- Three occupied units with nine bedrooms and three full bathrooms
- Approximately 3,010 square feet of living area on a 9,000‑square‑foot lot
- Each unit has three bedrooms, an eat‑in kitchen, a pantry, and laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,688
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,760
$813.8K
Cap Rate 7%
$581,257
$581.3K
Cap Rate 9%
$452,089
$452.1K
Market Conditions
NOI Build-Up for 3,010 SF
Gross rent
$59.6K $19.80/SF
− Vacancy
−$1.5K −$0.49/SF
EGI
$58.1K $19.31/SF
− OpEx
−$17.4K −$5.79/SF
NOI
$40.7K $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%
$813,760
Cap Rate 7%
$581,257
Cap Rate 9%
$452,089
Alternative Uses
Best Use
Multifamily LT 5
$581.3K
$508.6K – $678.1K
NOI $40,688 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$505.9K
$442.6K – $590.2K
NOI $35,410 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$1.03M
$899.4K – $1.20M
NOI $71,951 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
883
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
$294,600
Median Home Value
Market
Average Price Trend$/SF for Triplexes in Fitchburg, MA
Properties on Market for Triplexes in Fitchburg
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Each of the three residences includes three bedrooms, an eat-in kitchen, and laundry hookups.
Where is this triplex located?
The property is located at 30-34 Pleasant St Fitchburg, MA.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Three occupied units with nine bedrooms and three full bathrooms; Approximately 3,010 square feet of living area on a 9,000‑square‑foot lot; Each unit has three bedrooms, an eat‑in kitchen, a pantry, and laundry hookups
