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352 Daniels Street, Fitchburg, MA, 01420
Well-Maintained Two-Family Residence

352 Daniels Street Fitchburg, MA 01420

For Sale
$680,000

Owner-occupied duplex with separate utilities, private entrances, and updated kitchens and baths.

Property Size3,334 SF
Price / SF$203.96
Days on Market8

Property Features for 352 Daniels Street

General Information

Standard status
Active
Size
3,334 SF
Property subtype
Multi-family

Building Details

Year Built
1920
Listing Agency: Central Mass Real Estate
Listed By: Giovanna Graves
Source: Demakis
Added: Jul 20 Changed: Jul 25 Last Checked: Jul 26 at 10:10PM

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 Central Mass Real Estate


Investment Insights

Based on property information with market context.

This very well-maintained two-family residence features separate utilities, private entrances, and private porches for each unit. Enclosed stairwells help reduce snow removal and add convenience between levels. The second-floor unit offers four bedrooms, including a main suite with additional space on a third level that can serve as a teen or in-law area, plus two large walk-in closets and an additional half bath.

Each unit includes its own laundry room or pantry. Improvements include updated kitchens and baths, and the roof is noted as 2025. The property also provides a two-car garage, a large fenced side yard, and an additional enclosed patio area behind the home.

The basement is described as bright enough for a game room and includes a half bath. The home is positioned for quick highway access and offers two commuter rail options.

Key Highlights

  • Owner‑occupied 2‑family home built in 1920 with separate utilities and private entrances for each unit
  • Updated kitchens and updated baths in both units
  • 2nd‑floor unit features 4 bedrooms, with main suite/teen or in‑law space on the 3rd level, plus 2 large walk‑in closets and a 1/2 bath

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 $66.0k $19.80
− Vacancy −$1.6k −$0.49
EGI $64.4k $19.31
− OpEx −$19.3k −$5.79
NOI $45.1k $13.52
3,334 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$643.8K
$563.4K – $751.1K (±1% cap)
NOI $45,068 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$560.3K
$490.3K – $653.7K (±1% cap)
NOI $39,221 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$1.14M
$996.2K – $1.33M (±1% cap)
NOI $79,696 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Electrical Service Bakery Grocery & Convenience Store Hair Salon Plumbing Service (Bike/Boat/Book/etc) Store Accounting Firm

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

FAQs

What type of property is this?
Duplex - Owner-occupied duplex with separate utilities, private entrances, and updated kitchens and baths.
Where is this duplex located?
The property is located at 352 Daniels Street Fitchburg, MA.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Owner‑occupied 2‑family home built in 1920 with separate utilities and private entrances for each unit; Updated kitchens and updated baths in both units; 2nd‑floor unit features 4 bedrooms, with main suite/teen or in‑law space on the 3rd level, plus 2 large walk‑in closets and a 1/2 bath
More about this property
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