28 Institute St Fitchburg MA 01420 | MLS #73565986

28 Institute St
Fitchburg, MA, 01420
$499,000
5 Beds
2 Baths
2,152 SqFt
0 Acres
$499,000
28 Institute St
Fitchburg, MA, 01420
MLS #73565986 image #0
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.

Property Details

Price:
$499,000
MLS #:
73565986
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Aug 20, 2026
Finished Sq Ft:
2,152
Total Sq Ft:
2,152
Year Built:
1880
Units:
2

Schools

Interior

Above Grade Finished Area
2152
Bathrooms
2 Full Bathrooms
Levels
2

Exterior

Covered Spaces
1
Garage Spaces
1
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved Drive
Parking Spots
5
Parking Total
5
Stories
2

Financial

Net Operating Income
$52,200
Tax Year
2026
Taxes
$5,788
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Map

Current real estate data for Multi Family in Fitchburg as of Sep 01, 2026
57
Multi Family Listed
65
Avg DOM
196
Avg $ / SqFt
$586,985
Avg List Price

Community

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Property Summary

    28 Institute St Fitchburg MA is a Multi Family for sale in Fitchburg, MA, 01420. It is listed for $499,000 To schedule a showing of MLS#73565986 at 28 Institute St in Fitchburg, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
28 Institute St
Fitchburg, MA