Two-Family
90-92 Pleasant Street, Fitchburg, MA 01420
For Sale
New
$399,000
One apartment is vacant, while the other is occupied by a tenant at will.
Property Size2,090 SF
Price / SF$190.91
Days on Market7
Property Features for 90-92 Pleasant Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Tenant in Place
Building Details
Year Built
Listing Agency:
View Real Estate Group
Listed By:
Zolgalys Sanchez
(978) 259-3737
Source:
Jbarrettrealty
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 5:54AM
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 View Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-family property contains 2,090 square feet across two apartments. The first-floor unit has two bedrooms and one bathroom and is vacant. Upstairs, the second unit includes three bedrooms and one bathroom and is occupied by a tenant at will. Built in 1910, the building offers a distinct layout on each floor.
The property is in Fitchburg, near Fitchburg State University, public transportation, and shopping.
The property is in Fitchburg, near Fitchburg State University, public transportation, and shopping.
Key Highlights
- 2,090 square feet in a two‑family property
- First‑floor apartment: 2 bedrooms, 1 bathroom; vacant
- Second‑floor apartment: 3 bedrooms, 1 bathroom; tenant at will
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,252
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,040
$565.0K
Cap Rate 7%
$403,600
$403.6K
Cap Rate 9%
$313,911
$313.9K
Market Conditions
NOI Build-Up for 2,090 SF
Gross rent
$41.4K $19.80/SF
− Vacancy
−$1.0K −$0.49/SF
EGI
$40.4K $19.31/SF
− OpEx
−$12.1K −$5.79/SF
NOI
$28.3K $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%
$565,040
Cap Rate 7%
$403,600
Cap Rate 9%
$313,911
Alternative Uses
Best Use
Multifamily LT 5
$403.6K
$353.2K – $470.9K
NOI $28,252 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$351.2K
$307.3K – $409.8K
NOI $24,587 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$713.7K
$624.5K – $832.7K
NOI $49,959 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
861
Businesses Nearby
Explore this area
Business Placement
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
$294,600
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Fitchburg, MA
Properties on Market for Duplexes in Fitchburg
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - One apartment is vacant, while the other is occupied by a tenant at will.
Where is this duplex located?
The property is located at 90-92 Pleasant Street Fitchburg, MA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,090 square feet in a two‑family property; First‑floor apartment: 2 bedrooms, 1 bathroom; vacant; Second‑floor apartment: 3 bedrooms, 1 bathroom; tenant at will
