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    Well-Maintained Two-Family Home Title is generated by Realmo AI

    53 Newton Street, Fitchburg, MA 01420

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    For Sale
    $450,000

    Two-family home with recent updates, ideal for investors or owners.

    Type:2 Family - 2 Units Up/Down
    Property size:
    2,342 SF
    Price / SF:
    $192/SF
    Added:
    Apr 3, 2026
    Days on Market:
    70
    Last Refresh:
    Apr 20 at 7:41 pm

    Property Features for 53 Newton Street

    General Information

    Standard status
    Active
    Size
    2,342 SF
    Property subtype
    2 Family - 2 Units Up/Down

    Building Details

    Year Built
    1890

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    Listing Contact
    Amanda Bradford

    Listing agent Amanda Bradford

    Listing office RE/MAX Synergy

    Listing date Apr 3, 2026

    Source Lockandkeyre

    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 RE/MAX Synergy

    HighLights

    • Well‑maintained 2‑family home, perfect for investors or owner‑occupants.
    • Newer boiler for heating.
    • Two units, one with 1 bedroom plus bonus room, the other a 3‑bedroom unit spanning two levels.
    • Updated siding and replacement windows.
    • Refreshed bathrooms in both units.
    • Off‑street paved parking and yard.

    Overview

    This well-maintained two-family home offers flexibility for investors and owner-occupants. Major improvements have been completed in the past decade, including replacement windows, updated siding, a newer boiler for heating, and refreshed bathrooms in both units. The first-floor unit includes 1 bedroom plus a bonus room suitable for a home office, playroom, or guest space. The second unit spans two levels and features 3 bedrooms, resembling a single-family home. Each unit provides its own living room, dining room, and kitchen, along with washer/dryer connections in the basement. The property includes off-street paved parking and a yard suitable for relaxing, gardening, or entertaining. This versatile property has strong potential for rental income or owner occupancy and has a size of 2342 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 $46.4k $19.80
    − Vacancy −$1.1k −$0.49
    EGI $45.2k $19.31
    − OpEx −$13.6k −$5.79
    NOI $31.7k $13.52
    2,342 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $452.3K
    $395.7K – $527.6K (±1% cap)
    NOI $31,658 @ 7.0% cap · market cap 7.04%
    Second Best
    Apartment 5plus
    $393.6K
    $344.4K – $459.2K (±1% cap)
    NOI $27,551 @ 7.0% cap · market cap 6.12%
    Theoretical Best
    Office A
    $799.8K
    $699.8K – $933.1K (±1% cap)
    NOI $55,983 @ 7.0% cap · market cap 12.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7867526
    Latitude
    42.56925

    FAQs

    What type of property is this?
    Duplex - Two-family home with recent updates, ideal for investors or owners.
    Where is this duplex located?
    The property is located at 53 Newton Street Fitchburg, MA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Well‑maintained 2‑family home, perfect for investors or owner‑occupants.; Newer boiler for heating.; Two units, one with 1 bedroom plus bonus room, the other a 3‑bedroom unit spanning two levels.
    More about this property
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