Updated Duplex Near
50 Goddard Street, Fitchburg, MA 01420
Single-family home with attached apartment, updated and convenient location.
Type:Multi-family / 2 Family - 2 Units Up/Down
Property size:
1,564 SFPrice / SF:
$268/SF- Added:
- Mar 9, 2026
- Days on Market:
- 87
- Last Refresh:
- Mar 17 at 7:27 am
Property Features for 50 Goddard Street
General Information
- Standard status
- Active
- Size
- 1,564 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1910
Listing agent Michael Beaudoin License #9052861 (978) 840-4014
Listing office Coldwell Banker Realty - Leominster (978) 840-4014
Listing date Mar 9, 2026
Source Compass
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 - Leominster
HighLights
- Single‑family home with attached one‑bedroom apartment offering income potential or multi‑generational living.
- Two recently updated units with refreshed kitchens, bathrooms, flooring, paint, and lighting.
- Fully separate utilities for each unit (gas heat, gas hot water, and electricity).
- Prime location close to downtown amenities and commuter routes.
- New hot water heaters and new furnace for Unit 1.
- Low‑maintenance vinyl siding and ample on‑street parking.
Overview
This property features a single-family home with an attached one-bedroom apartment. The property includes a total of 8 rooms, 4 bedrooms, and 2 full baths, along with a private backyard. It is located close to downtown amenities and commuter routes. Unit 1 offers two levels of living space with 5 rooms, including 3 bedrooms, 1 full bath, an enclosed porch, and laundry hookups. Unit 2 includes 3 rooms, featuring a full kitchen, living room, bedroom, and full bath. Both units have been recently updated with refreshed kitchens, bathrooms, flooring, paint, and lighting. Additional improvements include new hot water heaters and a new furnace for Unit 1. Utilities are fully separate, including gas heat, gas hot water, and electricity. The property also features low-maintenance vinyl siding, two means of egress, a backyard, and on-street parking. The property size is 1564 square feet.
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 | $31.0k | $19.80 |
| − Vacancy | −$765 | −$0.49 |
| EGI | $30.2k | $19.31 |
| − OpEx | −$9.1k | −$5.79 |
| NOI | $21.1k | $13.52 |
1,564 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$302.0K
$264.3K – $352.4K
NOI $21,142 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$262.8K
$230.0K – $306.7K
NOI $18,399 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$534.1K
$467.3K – $623.1K
NOI $37,386 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Fitchburg
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.8117106
- Latitude
- 42.5887507
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Single-family home with attached apartment, updated and convenient location.
Where is this duplex located?
The property is located at 50 Goddard Street Fitchburg, MA.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Single‑family home with attached one‑bedroom apartment offering income potential or multi‑generational living.; **Two recently updated units with refreshed kitchens, bathrooms, flooring, paint, and lighting.**; Fully separate utilities for each unit (gas heat, gas hot water, and electricity).
