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Fitchburg Two-Family Home

82 Charles St, Fitchburg, MA 01420

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For Sale

$369,900

Circa 1882 two-family home near Fitchburg University.

Type:Investment

Property size:

2,380 SF

Price / SF:

$155/SF

HighLights

Two‑family home in a prime location near the center of town, Fitchburg University, and with easy highway access.
Circa 1882 home with character, including curved walls, arched windows, original flooring, and a slate roof.
Large attic with potential for 3 additional bedrooms, each with a window and closet.
Updated kitchens and refinished floors (updated 9 years ago).
Oversized, flat yard and 6+ parking spaces.
Granite foundation, French drain, new water heater, sump pump, and replacement windows.

We can help!

Listing Contact

The Residential Group

Learn more

For Sale

$369,900

Circa 1882 two-family home near Fitchburg University.

Type:Investment

Property size:

2,380 SF

Price / SF:

$155/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 6:05 pm

Property Features for 82 Charles St

General Information

Standard status: Active
Size: 2,380 SF
Property subtype: Investment

Building Details

Year Built: 1882

We can help!

Listing Contact

The Residential Group

Listing agent The Residential Group

Listing office

Listing date Apr 24, 2026

Source Elliman

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 The Residential Group

HighLights

Two‑family home in a prime location near the center of town, Fitchburg University, and with easy highway access.
Circa 1882 home with character, including curved walls, arched windows, original flooring, and a slate roof.
Large attic with potential for 3 additional bedrooms, each with a window and closet.
Updated kitchens and refinished floors (updated 9 years ago).
Oversized, flat yard and 6+ parking spaces.
Granite foundation, French drain, new water heater, sump pump, and replacement windows.

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 and offers approximately 2380 square feet of living space. The first floor has two bedrooms, one bathroom, a living room, and an eat-in kitchen. The second floor features three or more bedrooms, one bathroom, a pantry, an eat-in kitchen, and a living room. An expansive attic on the third floor presents the potential for three additional bedrooms, each with a window and closet, although it is not currently heated. Updates completed approximately nine years ago include refinished floors and updated kitchens. Additional 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 convenient access to highways. The property has one heating system, one electrical system, and one water heater. The property is in need of TLC.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$47.1k	$19.80
− Vacancy	−$1.2k	−$0.49
EGI	$46.0k	$19.31
− OpEx	−$13.8k	−$5.79
NOI	$32.2k	$13.52

2,380 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$459.6K

$402.2K – $536.2K (±1% cap)

NOI $32,172 @ 7.0% cap · market cap 8.70%

Second Best

Apartment 5plus

$400.0K

$350.0K – $466.6K (±1% cap)

NOI $27,998 @ 7.0% cap · market cap 7.57%

Theoretical Best

Office A

$812.7K

$711.2K – $948.2K (±1% cap)

NOI $56,892 @ 7.0% cap · market cap 15.38%

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 in a prime location near the center of town, Fitchburg University, and with easy highway access.; Circa 1882 home with character, including curved walls, arched windows, original flooring, and a slate roof.; Large attic with potential for 3 additional bedrooms, each with a window and closet.