Residential Income in Fitchburg

$499,000

28 Institute St, 01420, Fitchburg, MA

Residential Income for sale in Fitchburg, 28 Institute St, 01420, 2152 m²

28 Institute St, 01420, Fitchburg, MA

$499,000

5Bed
2Bath
2152
Type: Residential Income

Description

An incredible opportunity for owner-occupants, investors, or buyers looking to offset their mortgage with rental income! Located on a quiet street in desirable West Fitchburg, this modern, renovated 2-family offers flexible living, modern comforts, and strong rental-income potential. Unit 1 is currently VACANT, making this an ideal opportunity for an owner-occupant ready to move in or an investor who wants the flexibility to select their own tenant. Unit 1 features 2 bedrooms, 1 full bath, and convenient laundry in the basement. Unit 2 offers 3 bedrooms, 1 full bath, and its own second-floor laundry. A walk-up attic features a finished bonus room with additional space and future potential. Enjoy separate private balconies from the newer porch, plus a backyard featuring a fire pit area and its own apple tree—perfect for relaxing, entertaining, and enjoying the outdoors. Additional updates include a central heating system and updated electrical. Seller-owned solar panels will convey to the new owner, providing the added benefit of significant electricity savings with no solar lease! The property also features ample off-street parking with its own driveway, a detached garage ideal for sheltered parking or extra storage.additional parking across the street. Conveniently located just 5 minutes from the T, near Fitchburg State University, and with easy access to major commuter routes. Whether you're an investor seeking a turnkey property or a buyer hoping to live in one unit while renting the other, this West Fitchburg two-family is an opportunity you won't want to miss! First showings at Open House.

Location

28 Institute St, 01420, Fitchburg, MA

Data

Object TypeResidential Income
Purchase Price$499,000
Living Space2152 m²
Plot Size0.01 m²
Bathrooms2
Construction Year1880
ConditionNot specified
Rooms10

Energy Information

Heating TypeN/A
Primary Energy SourceN/A
Construction Year1880
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent