Two-Family Duplex with Two
91 Walnut Fitchburg, MA 01420
New
91 Walnut, Fitchburg, MA, 01420
$449,999
For Sale
$449,999
Classic two-family offering two spacious 3-bedroom units, full basement, and 5 off-street parking spaces.
Property Size2,948 SF
Price / SF$152.65
Days on Market7
Property Features for 91 Walnut
General Information
- Standard status
- Active
- Size
- 2,948 SF
- Property subtype
- 2 Family - 2 Units Side by Side
Building Details
- Year Built
- 1910
Listing Agency
Eagle Eye Realty PLLC
(225) 288-4109
Listed by
Shay Vaezzadeh
(225) 288-4109
Source
Lockandkeyre
Added: Jul 15 Updated: Jul 20 at 3:32 am Checked: Jul 20 at 3:32 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 Eagle Eye Realty PLLC
Investment Insights
Based on property information with market context.
This classic Fitchburg two-family duplex offers nearly 3,000 square feet of income potential with two generous 3-bedroom units. Each unit provides flexible floor plan options, supported by a full basement that can support abundant storage and laundry use. The property also includes 5 off-street parking spaces.
Convenience is a key feature here, with the home described as minutes to downtown, Fitchburg State University, and the commuter rail, along with Route 2 access for commuting.
For investors and owner-occupants, the property’s practical configuration centers on a two-unit layout with both units sized as 3-bedroom homes, along with basement space and off-street parking.
Convenience is a key feature here, with the home described as minutes to downtown, Fitchburg State University, and the commuter rail, along with Route 2 access for commuting.
For investors and owner-occupants, the property’s practical configuration centers on a two-unit layout with both units sized as 3-bedroom homes, along with basement space and off-street parking.
Key Highlights
- Classic Fitchburg two‑family with nearly 3,000 sq ft total and two spacious 3‑bedroom units
- Two 3‑bedroom units offer flexible floor plans for house‑hacking or rental use
- Full basement provides abundant storage with laundry potential
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 | $58.4k | $19.80 |
| − Vacancy | −$1.4k | −$0.49 |
| EGI | $56.9k | $19.31 |
| − OpEx | −$17.1k | −$5.79 |
| NOI | $39.9k | $13.52 |
2,948 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$569.3K
$498.1K – $664.2K
NOI $39,850 @ 7.0% cap · market cap 8.86%
Second Best
Apartment 5plus
$495.4K
$433.5K – $578.0K
NOI $34,680 @ 7.0% cap · market cap 7.71%
Theoretical Best
Office A
$1.01M
$880.9K – $1.17M
NOI $70,469 @ 7.0% cap · market cap 15.66%
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 - Classic two-family offering two spacious 3-bedroom units, full basement, and 5 off-street parking spaces.
Where is this duplex located?
The property is located at 91 Walnut Fitchburg, MA.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: Classic Fitchburg two‑family with nearly 3,000 sq ft total and two spacious 3‑bedroom units; Two 3‑bedroom units offer flexible floor plans for house‑hacking or rental use; Full basement provides abundant storage with laundry potential
