Two-Family Residential Income
91 Falulah Street Fitchburg, MA 01420
91 Falulah Street, Fitchburg, MA, 01420
$549,900
For Sale
$549,900
Well-kept two-family home on a quiet street with recent painting and manageable maintenance.
Property Size2,178 SF
Price / SF$252.48
Days on Market88
Property Features for 91 Falulah Street
General Information
- Standard status
- Active
- Size
- 2,178 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1900
Listing agency
Get Listed Realty, LLC
(860) 595-2506
Listed by
Kris Lippi · License #0791566
(860) 595-2506
Source
Compass
Added: Apr 26 Updated: Jul 21 at 7:29PM Checked: Jul 22 at 7:47AM
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 Get Listed Realty, LLC
Investment Insights
Based on property information with market context.
This well-kept large two-family residential income property is located on a quiet street. The property has had relatively little maintenance recently, with the exterior and/or interior recently painted, supporting a clean, updated appearance.
The building is being offered for sale and is located at 91 Falulah Street in Fitchburg, MA 01420.
Prospective buyers should review the property in person to confirm the condition, layout, and finishes firsthand.
The building is being offered for sale and is located at 91 Falulah Street in Fitchburg, MA 01420.
Prospective buyers should review the property in person to confirm the condition, layout, and finishes firsthand.
Key Highlights
- Two‑family home with 2 total bathrooms
- Interior features include living room, kitchen, laundry room, and sunroom
- Level lot
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 | $43.1k | $19.80 |
| − Vacancy | −$1.1k | −$0.49 |
| EGI | $42.1k | $19.31 |
| − OpEx | −$12.6k | −$5.79 |
| NOI | $29.4k | $13.52 |
2,178 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$420.6K
$368.0K – $490.7K
NOI $29,441 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$366.0K
$320.3K – $427.0K
NOI $25,622 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$743.8K
$650.8K – $867.7K
NOI $52,063 @ 7.0% cap · market cap 9.47%
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-kept two-family home on a quiet street with recent painting and manageable maintenance.
Where is this duplex located?
The property is located at 91 Falulah Street Fitchburg, MA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two‑family home with 2 total bathrooms; Interior features include living room, kitchen, laundry room, and sunroom; Level lot