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. Group showings Monday 8/17 from 10:15 to 11:15 Buyer agent must accompany buyer.
For sale
$675,000
500 Beech St, Fitchburg, MA 01420
9beds
4,211sqft
4 Family
Built in 1939
-- sqft lot
$-- Zestimate®
$160/sqft
$-- HOA
What's special
Paved drivewayAmple off-street parkingNice level lot
- 23 days |
- 214 |
- 10 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Paula Valente 508-846-5584,
Real Estate Exchange 978-582-4339
Source: MLS PIN,MLS#: 73563587
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas
Cooling
- None
Appliances
- Included: Range
- Laundry: Washer & Dryer Hookup, Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Features
- Living Room, Kitchen, Laundry Room, Dining Room, Sunroom
- Flooring: Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 4,211
- Total interior livable area: 4,211 sqft
- Finished area above ground: 4,211
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 4
Features
- Patio & porch: Enclosed
Lot
- Size: 0.38 Acres
- Features: Level
Details
- Parcel number: 1507989
- Zoning: RA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Stone, Other
Condition
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Park, Highway Access, Public School
Location
- Region: Fitchburg
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $586,600
- Annual tax amount: $7,925
- Date on market: 7/30/2026
- Listing terms: Contract
- Total actual rent: 6400
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $675,000$160/sqft |
Source: MLS PIN #73563587 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 01420
Nearby schools
GreatSchools rating
- 3/10Reingold Elementary SchoolGrades: 1-5Distance: 0.7 mi
- 4/10Memorial Middle SchoolGrades: 6-8Distance: 0.3 mi
- 2/10Fitchburg High SchoolGrades: 9-12Distance: 3.5 mi
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Save
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