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Two-Family Home with Historic Charm

82 Charles St, Fitchburg, MA 01420

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For Sale

$369,900

Circa 1882 two-family home near Fitchburg University.

Type:Multi Family

Property size:

2,383 SF

Price / SF:

$155/SF

HighLights

Two‑family home with income potential, ideally located near the center of town, Fitchburg University, and highways.
Circa 1882 home brimming with character, featuring curved walls, arched windows, original flooring, and a slate roof.
Spacious layout with ~2380 sq ft of living space, 5+ bedrooms, and potential for 3 more bedrooms in the large attic.
Enjoy 6+ parking spaces and an oversized flat yard.
Updated kitchens and floors (updated ~9 years ago).
Granite foundation, French drain, new water heater, replacement windows, and coin‑op laundry.

We can help!

Listing Contact

The Residential Group

Learn more

For Sale

$369,900

Circa 1882 two-family home near Fitchburg University.

Type:Multi Family

Property size:

2,383 SF

Price / SF:

$155/SF

Added:: Apr 5, 2026
Days on Market:: 68
Last Refresh:: Apr 20 at 7:34 pm

Property Features for 82 Charles St

General Information

Standard status: Active
Size: 2,383 SF
Property subtype: Multi Family

Building Details

Year Built: 1882

We can help!

Listing Contact

The Residential Group

Listing agent The Residential Group

Listing office Coldwell Banker Realty - Brookline

Listing date Apr 5, 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 Coldwell Banker Realty - Brookline

HighLights

Two‑family home with income potential, ideally located near the center of town, Fitchburg University, and highways.
Circa 1882 home brimming with character, featuring curved walls, arched windows, original flooring, and a slate roof.
Spacious layout with ~2380 sq ft of living space, 5+ bedrooms, and potential for 3 more bedrooms in the large attic.
Enjoy 6+ parking spaces and an oversized flat yard.
Updated kitchens and floors (updated ~9 years ago).
Granite foundation, French drain, new water heater, replacement windows, and coin‑op laundry.

Overview

This circa 1882 two-family home features curved walls, arched windows, original flooring, a slate roof, and a granite foundation. The property includes six or more parking spaces. The first floor offers two bedrooms, one bathroom, a living room, and an eat-in kitchen. The second floor provides three or more bedrooms, one bathroom, a pantry, an eat-in kitchen, and a living room. The total living area is approximately 2380 square feet. Additional space is available in the large attic on the third floor, which is not currently heated but has the potential for three bedrooms, each with a window and closet. The kitchens and floors were updated approximately nine years ago. Other features include a French drain, a new water heater, an oversized flat yard, coin-operated laundry, a sump pump, 100-amp circuit breakers, a walk-in pantry/closet, and replacement windows. The property is located near the center of town, Fitchburg University, and offers easy access to highways. The property requires some TLC.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$47.2k	$19.80
− Vacancy	−$1.2k	−$0.49
EGI	$46.0k	$19.31
− OpEx	−$13.8k	−$5.79
NOI	$32.2k	$13.52

2,383 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$460.2K

$402.7K – $536.9K (±1% cap)

NOI $32,213 @ 7.0% cap · market cap 8.71%

Second Best

Apartment 5plus

$400.5K

$350.4K – $467.2K (±1% cap)

NOI $28,034 @ 7.0% cap · market cap 7.58%

Theoretical Best

Office A

$813.8K

$712.0K – $949.4K (±1% cap)

NOI $56,963 @ 7.0% cap · market cap 15.40%

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

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Fitchburg
County: Worcester
State: Massachusetts
Longitude: -71.7998291
Latitude: 42.577371

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For sale
Duplexes
MA
Fitchburg
01420
82 Charles St

What type of property is this?

Duplex - Circa 1882 two-family home near Fitchburg University.

Where is this duplex located?

The property is located at 82 Charles St Fitchburg, MA.

What is the asking price?

The asking price for this property is $369,900.

What are key features of this property?

This property features: Two‑family home with income potential, ideally located near the center of town, Fitchburg University, and highways.; Circa 1882 home brimming with character, featuring curved walls, arched windows, original flooring, and a slate roof.; Spacious layout with ~2380 sq ft of living space, 5+ bedrooms, and potential for 3 more bedrooms in the large attic.