Three-Unit Residential Income
80-82 Laurel St Fitchburg, MA 01420
80-82 Laurel St, Fitchburg, MA, 01420
$549,000
For Sale
$549,000
Well-maintained three-family with gas heat, off-street parking, vinyl siding, and recent roof and window upgrades.
Property Size2,295 SF
Price / SF$239.22
Days on Market64
Property Features for 80-82 Laurel St
General Information
- Standard status
- Active
- Size
- 2,295 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1926
Listing agency
Cameron Real Estate Group
(978) 421-4418
Listed by
Marlon Del Villar
(978) 421-4418
Source
Lockandkeyre
Added: May 21 Updated: Jul 21 at 5:48PM Checked: Jul 22 at 5:13AM
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 Cameron Real Estate Group
Investment Insights
Based on property information with market context.
This well-maintained three-family residential income property offers a functional layout and includes gas heat and vinyl siding. The building contains one spacious 3-bedroom unit with 1 and 1/2 bathrooms, along with two 1-bedroom apartments. Off-street parking is available, and recent upgrades include the roof and windows.
The property is located on Laurel St in Fitchburg, conveniently near downtown, the commuter rail, shopping, restaurants, and Fitchburg State University.
One unit will be vacant as of June 1, 2026, providing an opportunity to position the property for near-term occupancy updates.
The property is located on Laurel St in Fitchburg, conveniently near downtown, the commuter rail, shopping, restaurants, and Fitchburg State University.
One unit will be vacant as of June 1, 2026, providing an opportunity to position the property for near-term occupancy updates.
Key Highlights
- 1926‑built 3‑family in Fitchburg with gas heat and a functional layout across all units.
- Unit mix includes one 3‑bedroom unit with 1.5 baths plus two 1‑bedroom apartments.
- Recent upgrades include the roof and windows.
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 | $45.4k | $19.80 |
| − Vacancy | −$1.1k | −$0.49 |
| EGI | $44.3k | $19.31 |
| − OpEx | −$13.3k | −$5.79 |
| NOI | $31.0k | $13.52 |
2,295 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$443.2K
$387.8K – $517.1K
NOI $31,023 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$385.7K
$337.5K – $450.0K
NOI $26,998 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$783.7K
$685.8K – $914.3K
NOI $54,860 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-family with gas heat, off-street parking, vinyl siding, and recent roof and window upgrades.
Where is this triplex located?
The property is located at 80-82 Laurel St Fitchburg, MA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1926‑built 3‑family in Fitchburg with gas heat and a functional layout across all units.; Unit mix includes one 3‑bedroom unit with 1.5 baths plus two 1‑bedroom apartments.; Recent upgrades include the roof and windows.
