
500 Beech St Fitchburg — Photo 1 of 41
$675,000
500 Beech St, Fitchburg, MA 01420
Fitchburg, MA 01420
Beds
9
Baths
6
SqFt
4,211
Style
4 Family
Built
1939
Excellent Investment Opportunity! Fully occupied 4-family property offering immediate rental income and a desirable unit mix. This well-maintained property features two 3-bedroom, 2-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit, making it attractive to a wide range of tenants. Currently generating $6,400 per month in rental income, with separate utilities for each unit. Situated on a nice level lot with a paved driveway and ample off-street parking. Conveniently located near shopping, schools, parks, public transportation, and major highways, providing easy access for commuters and tenants alike. A solid addition to any investment portfolio with stable occupancy and immediate cash flow. Roof is 3 years old. 4 car garage in back is not part of this property. Rents are below market rents.
Market Value Analysis
* Analysis is based on 17 actively listed and recently sold comparable properties strictly within Fitchburg, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range
Neighborhood
Public Transportation • Park • Highway Access • Public School
Geography
Population
41,839
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$73K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
45.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Worcester County
1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Paula Valente
Listing Office: Real Estate Exchange
MLS® Number: 73563587
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