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Two-Family Duplex with Detached Garage
New
For Sale
$385,000

9 Fulton Street, Fitchburg, MA 01420

Two separate two-bedroom residences include private porches, with laundry hookups in the first-floor unit.

Property Size1,880 SF
Price / SF$204.79
Days on Market4

Property Features for 9 Fulton Street

General Information

Standard status Active
Size 1,880 SF
Total Parking Spaces 2
Property subtype Multi-family

Units

Unit Mix 2 x 2BR
Multifamily Units 2

Amenities

washer/dryer hook-up
private porch
backyard

Building Details

Year Built 1912
Buildings 1
Listing Agency: Keller Williams Realty North Central
Listed By: Team Molet
Source: Jbarrettrealty
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 20 at 6:39PM

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 Keller Williams Realty North Central

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Investment Insights

Based on property information with market context.

This duplex contains two residences, each with two bedrooms. The first-floor unit has washer and dryer hookups, and each residence has a private porch. A detached two-car garage and flat backyard provide additional outdoor and storage space.

The 1,880-square-foot property was built in 1912 and is zoned RB. Its Fitchburg address places it near shopping, dining, and transportation, as described in the property information.

Key Highlights

  • Two units, each with two bedrooms
  • First‑floor unit has washer and dryer hookups
  • Detached two‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,413
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,260 $508.3K
Cap Rate 7%
$363,043 $363.0K
Cap Rate 9%
$282,367 $282.4K
Market Conditions
NOI Build-Up for 1,880 SF
Gross rent
$37.2K $19.80/SF
− Vacancy
−$919 −$0.49/SF
EGI
$36.3K $19.31/SF
− OpEx
−$10.9K −$5.79/SF
NOI
$25.4K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$508,260
Cap Rate 7%
$363,043
Cap Rate 9%
$282,367

Alternative Uses

Best Use
Multifamily LT 5
$363.0K
$317.7K – $423.6K (±1% cap)
NOI $25,413 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$315.9K
$276.5K – $368.6K (±1% cap)
NOI $22,116 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$642.0K
$561.8K – $749.0K (±1% cap)
NOI $44,940 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

758
Businesses Nearby

Demographics for 01420, MA

41,940
Population
17,998
Households
2.3
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
30.1 sq mi
ZIP Area
1,393
Density / Sq Mi
$70,334
Median Household Income
$41,753
Median Earnings
$1,131
Median Rent
$294,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate two-bedroom residences include private porches, with laundry hookups in the first-floor unit.
Where is this duplex located?
The property is located at 9 Fulton Street Fitchburg, MA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two units, each with two bedrooms; First‑floor unit has washer and dryer hookups; Detached two‑car garage
More about this property
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