500 Beech St, Fitchburg MA 01420
Fitchburg, MA 01420
$675,000
Est. $4,274/month
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About this home
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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 13, 2026
$675,000
Original listing
Agent: Paula Valente
Office: Real Estate Exchange
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/13/2026 | 🏠 Listed for Sale | $675,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $7,925 | $586,600 |
Financial Details
Annual Property Tax
$7,925
Tax Year 2025
Assessed Value
$586,600
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1939
Living Area
4,211 sq ft
Lot Size
0.38 acres
Stories
4
Bedrooms
9
Full Baths
6
Total Rooms
18
Investment Metrics
Units
4
Unit 1 Rent
$1,600/mo · Y
Unit 2 Rent
$2,200/mo · Y
Unit 3 Rent
$1,400/mo
Unit 4 Rent
$1,200/mo
Total Monthly Rent
$6,400/mo
Gross Income
$76,800
Net Operating Income
$76,800
Cap Rate
11.38%
Interior
Heating
None
Cooling
None
Flooring
Varies
Appliances
None
Fireplace
None
Basement
Full
Laundry
Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Enclosed
Parking
Features
Paved Drive, Off Street
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Dryer, Washer Hookup
Financial
Annual Tax
$7,925
Assessed Value
$586,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Minimum 48 Hours To Show.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
White
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
14 days
Property Overview
Property Type
4 Family
Listing Type
For Sale
Year Built
1939
Bedrooms
9
Full Bathrooms
6
Living Area
4,211 sq ft
Total Rooms
18
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,211 sq ft above grade
Display Options
Outdoor Areas
Patio & porchEnclosed
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Varies
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1939
Structure Type:
Exterior Materials:
Frame
Roof:
Foundation:
Other
Stories:
4
Heating, Cooling & Utilities
Heating:
Heating Zones:
4
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Enclosed
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$660
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
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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
500 Beech St, Fitchburg MA 01420
Fitchburg, MA 01420
Listing Information
Listing Agent
Paula Valente
Listing Office
Real Estate Exchange
Office Phone
978-582-4339
Agent MLS ID
CN233238
Office MLS ID
H22100
Listing Data Updated
Aug 13, 2026 7:14 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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