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Renovated Two-Family Home

329 Beech St Fitchburg, MA 01420

329 Beech St, Fitchburg, MA, 01420
$579,000
For Sale
Claim this Listing
$579,000

Recently renovated two-family home with six bedrooms and ample parking.

Property Size2,281 SF
Lot Size0.08 Acres
Price / SF$253.84
AddedMay 15
Days on Market63
Last RefreshJul 15 at 9:32 pm

Property Features for 329 Beech St

General Information

Standard status
Active
Size
2,281 SF
Lot size
0.08 Acres
Property subtype
Investment

Building Details

Year Built
1930

Listing office Perlera Real Estate

Listing date May 15, 2026

Source Elliman

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 Perlera Real Estate


Investment Insights

Based on property information with market context.

Located in Fitchburg, MA, 329 Beech St is a renovated two-family home built in 1930. The property offers 2281 square feet of living space. It features six bedrooms and two full bathrooms distributed across two stories. The home includes an open-concept kitchen and laminated flooring. Situated on a 3633 square foot lot, the property includes two driveways with space for six cars. The location has a walk score of 65, indicating it is somewhat walkable, a bike score of 34, indicating it is somewhat bikeable, and a transit score of 43, indicating some transit options are available. This multi-family residence offers an opportunity for flexible living arrangements or investment.

Key Highlights

  • Recently renovated two‑family home.
  • Six bedrooms provide ample living space.
  • Two full bathrooms offer convenience for all residents.

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 $45.2k $19.80
− Vacancy −$1.1k −$0.49
EGI $44.0k $19.31
− OpEx −$13.2k −$5.79
NOI $30.8k $13.52
2,281 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$440.5K
$385.4K – $513.9K (±1% cap)
NOI $30,834 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$383.3K
$335.4K – $447.2K (±1% cap)
NOI $26,834 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$778.9K
$681.6K – $908.8K (±1% cap)
NOI $54,525 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Hair Salon Electrical Service Spa & Massage Center Auto Parts Store Bakery Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Recently renovated two-family home with six bedrooms and ample parking.
Where is this duplex located?
The property is located at 329 Beech St Fitchburg, MA.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Recently renovated two‑family home.; Six bedrooms provide ample living space.; Two full bathrooms offer convenience for all residents.
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More about this property
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