Two-Family Residential Income
9-11 Warren St Fitchburg, MA 01420
New
9-11 Warren St, Fitchburg, MA, 01420
$525,000
For Sale
$525,000
Well-maintained two-family home with two 2-bedroom units, each with laundry hookups and three off-street parking spaces.
Property Size2,360 SF
Price / SF$222.46
Days on Market7
Property Features for 9-11 Warren St
General Information
- Standard status
- Active
- Size
- 2,360 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing Agency
EXIT New Options Real Estate
(978) 868-0565
Listed by
Vivian Lillie · License #452508574
(978) 868-0565
Source
Iverty
Added: Jul 15 Updated: Jul 20 at 5:04 am Checked: Jul 20 at 5:04 am
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 EXIT New Options Real Estate
Investment Insights
Based on property information with market context.
Well-maintained two-family residential income property offered for sale. The home features two separate units, and each unit includes two bedrooms and one full bath. Laundry hookups are provided for each unit in the basement. The first floor unit will be delivered vacant at closing, offering flexibility for an owner-occupant or a new tenant.
The property includes three off-street parking spaces. It is located just minutes from Route 2 and within reach of local stores, restaurants, schools, and other amenities.
This is a fully lead compliant two-family structure, currently configured for straightforward duplex-style living or rental use with in-house laundry hookups and dedicated parking.
The property includes three off-street parking spaces. It is located just minutes from Route 2 and within reach of local stores, restaurants, schools, and other amenities.
This is a fully lead compliant two-family structure, currently configured for straightforward duplex-style living or rental use with in-house laundry hookups and dedicated parking.
Key Highlights
- Two‑family home built in 1910 with 2 units, each offering 2 bedrooms and 1 full bath
- Fully lead compliant property
- Laundry hookups for each unit in the basement
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 | $46.7k | $19.80 |
| − Vacancy | −$1.2k | −$0.49 |
| EGI | $45.6k | $19.31 |
| − OpEx | −$13.7k | −$5.79 |
| NOI | $31.9k | $13.52 |
2,360 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$455.7K
$398.8K – $531.7K
NOI $31,902 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$396.6K
$347.0K – $462.7K
NOI $27,763 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$805.9K
$705.2K – $940.2K
NOI $56,413 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with two 2-bedroom units, each with laundry hookups and three off-street parking spaces.
Where is this duplex located?
The property is located at 9-11 Warren St Fitchburg, MA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑family home built in 1910 with 2 units, each offering 2 bedrooms and 1 full bath; Fully lead compliant property; Laundry hookups for each unit in the basement
