28 Institute St, Fitchburg MA 01420

Fitchburg, MA 01420
$499,000
$489,900
Est. $3,160/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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5
Beds
2
Baths
2,152
Sq Ft
$228
Price/Sq Ft
0.00
Acres
1880
Year Built
1
Garage Space
45
Days on Market
For Sale Price Drop -$9,100 Listed Aug 20, 2026 • MLS# 73565986 Copied! • Updated Sep 24, 2026

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About this home

**Motivated Seller — Relocating Out of State!** Turnkey, move-in-ready, well cared for 2-family home situated on a quiet residential street in desirable West Fitchburg. Ideal for owner-occupants, investors, or anyone looking to offset their mortgage with rental income. Unit 1 is vacant with 2 bedrooms, 1 bath, and basement laundry. Unit 2 (tenant at will) offers 3 bedrooms, 1 bath, and second-floor laundry. Features include private balconies/newer porch, backyard with fire pit, central heat (could easily upgrade to central air) updated electrical and seller-owned solar panels that convey with the property—no solar lease! Ample off-street parking, driveway, detached garage, and additional parking across the street. Conveniently located near the T, Fitchburg State University, and major commuter routes. Move right in! this property is ready for its next owner!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
1.8%
Price Range

Property Timeline

↓
Price Reduced
Sep 20, 2026
$489,900 $9,100 (-1.82%)
From $499,000 to $489,900 (-1.8%)
👁️
Showing Instructions Updated
Sep 10, 2026
New showing requirements
🏠
Listed for Sale
Aug 20, 2026
$499,000
Original listing
Office: eXp Realty LLC - Corporate Office

Tax History

Year Taxes Assessment
2026 $5,788 $435,500

Financial Details

Annual Property Tax
$5,788
Tax Year 2026
Assessed Value
$435,500

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1880
Living Area 2,152 sq ft
Lot Size 0.0000
Stories 2
Bedrooms 5
Full Baths 2
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent $2,200/mo · N
Unit 2 Rent $2,150/mo · N
Total Monthly Rent $4,350/mo
Gross Income $52,200
Net Operating Income $52,200
Cap Rate 10.66%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Paved Drive
Total Spaces 5
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,788
Assessed Value $435,500
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures Unit 1 Rent Is Projected Rent (vacant). Across The Street Parking Is Verbal Agreement With The Church. Third Floor Bedroom Can Be Heated, Additional Room Is For Tenant Storage And Heating System. Unit 2 Photos Were Taken Before Tenant Moved In. Virtual Staged Photos To Provide Visual.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures buyer agent to verify
Documents None
County Worcester
Total market time (incl. prior listings) 35 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1880
Bedrooms
5
Full Bathrooms
2
Living Area
2,152 sq ft
Total Rooms
10
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 5
Parking Features: Paved Drive
School District
Fitchburg School District local
C+
⚠ School Safety 2024-25
8.1% Above Average
4.6% Suspensions 4.6% In-School 3.5% Emergency
↑ 2.6% above state avg
E

Elementary Schools

3 schools
C
Reingold Elementary School
0.6 mi | #606 of 825 | Score: 40.4
Improved 117 spots from last year
-17.8 below state avg
619 students Diverse
Rising School Diverse Student Body
Grades 01-05
Applewild School
2.2 mi
Grades K-09
C-
South Street Early Learning Center
2.3 mi | #697 of 825 | Score: 48.1
Same rank as last year
Limited historical data for year-over-year comparison
569 students Diverse
Diverse Student Body
Grades PK-K
M

Middle Schools

3 schools
C
Memorial Middle School
1.6 mi | #280 of 352 | Score: 33.8
Dropped 10 spots from last year
-24.4 below state avg
620 students Diverse
Diverse Student Body
Grades 06-08
D
Arthur M Longsjo Middle School
2.3 mi | #328 of 352 | Score: 28.6
Improved 12 spots from last year
-29.6 below state avg
577 students Diverse
Grades 06-08
B
Overlook Middle School
4.7 mi | #169 of 352 | Score: 42.9
Dropped 6 spots from last year
-15.4 below state avg
564 students Less Diverse
Strong Attendance
Grades 06-08
H

High Schools

3 schools
A
Montachusett Regional Vocational Technical School
1.3 mi | #66 of 346 | Score: 65.0
Improved 9 spots from last year
+6.8 above state avg
1,403 students Moderate
High Graduation Rate Career Tech Programs College Ready Curriculum Strong Attendance
Grades 09-12
Notre Dame Preparatory High School
2.1 mi
Grades 09-12
C+
Sizer School: A North Central Charter Essential School
2.8 mi | #221 of 346 | Score: 50.3
Improved 25 spots from last year
-8 below state avg
270 students Diverse
Strong AP Program Early College Program Rising School College Ready Curriculum
Grades 07-12
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Monthly Payment Calculator

Monthly Payment
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Loan Amount
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $482
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

28 Institute St, Fitchburg MA 01420

Fitchburg, MA 01420

Listing Information

Listing Agent Gabrielle Aguiar
Listing Office eXp Realty LLC - Corporate Office
Office Phone 888-854-7493
Agent MLS ID CN219879
Office MLS ID AC0342
Listing Data Updated Sep 24, 2026 1:31 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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