Recently Renovated Two-Family
329 Beech Street Fitchburg, MA 01420
329 Beech Street, Fitchburg, MA, 01420
$579,000
For Sale
$579,000
Recently renovated two-family residence features an open-concept kitchen, six bedrooms, and two full baths.
Property Size2,281 SF
Price / SF$253.84
Days on Market50
Property Features for 329 Beech Street
General Information
- Standard status
- Active
- Size
- 2,281 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1930
Listing agency
Perlera Real Estate
(617) 970-6278
Listed by
Arquimides Chinchilla
(617) 970-6278
Source
Alliancepartnersre
Added: Jun 3 Updated: Jul 20 at 8:28PM Checked: Jul 20 at 8:28PM
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.
Recently renovated two-family home built in 1930 offering 2,281 square feet of living space. The layout includes an open-concept kitchen and laminated flooring, along with two full bathrooms with tubs. The property provides six bedrooms total, with the full baths thoughtfully distributed across two stories.
The home includes two driveways providing parking for up to six cars. It sits on a 3,633 square foot lot with a manageable outdoor area.
For buyers seeking a two-unit setup with updated interiors, this residence offers a straightforward configuration and flexibility for different household arrangements. Schedule a private viewing to review the renovations and layout in person.
The home includes two driveways providing parking for up to six cars. It sits on a 3,633 square foot lot with a manageable outdoor area.
For buyers seeking a two-unit setup with updated interiors, this residence offers a straightforward configuration and flexibility for different household arrangements. Schedule a private viewing to review the renovations and layout in person.
Key Highlights
- Recently renovated 2‑family residence built in 1930 with 2,281 SF of living space
- Open‑concept kitchen and laminated flooring
- Six bedrooms across the two units for flexible living arrangements
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
NOI $30,834 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$383.3K
$335.4K – $447.2K
NOI $26,834 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$778.9K
$681.6K – $908.8K
NOI $54,525 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Recently renovated two-family residence features an open-concept kitchen, six bedrooms, and two full baths.
Where is this duplex located?
The property is located at 329 Beech Street 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 2‑family residence built in 1930 with 2,281 SF of living space; Open‑concept kitchen and laminated flooring; Six bedrooms across the two units for flexible living arrangements
