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Image 1 - 28 Institute St, Fitchburg MA 01420 - House for sale
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5 bedroom house in Fitchburg
28 Institute St, Fitchburg MA 01420

5 bedroom house in Fitchburg

house for sale
views
Listed: 05/31/24

28 Institute St, Fitchburg MA 01420

5 Bed:
2 Bath:
2,000 Sq Ft Living Area:
1880 Year Built:
Save
Price
$ 489,900

About This House

Back on market due to buyer financing issues.. Modern fully renovated 2-family in West Fitchburg offers a unique investment opportunity. Unit 1 features 2 bedrooms, 1 bathroom & convenient laundry in the basement. Unit 2 boasts 2 bedrooms, 1 bathroom & its own laundry on the 2nd fl. Finished bonus bedroom on 3rd floor provides additional space with potential to expand. Property features a new porch which provides each unit with their own private balconies adding a delightful outdoor space for relaxation. Property includes a newer roof & central heating system, along with updated electrical. Seller-owned solar panels to transfer to new owners, significantly reducing utility costs. Parking is a breeze with offstreet parking available & additional parking across the street. A one car garage provides extra storage and convenience. Don't miss this exceptional opportunity!

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Fitchburg Housing & Living

Household Income

Median household income: $51,412
Number of households: 14,828
The average household income in Fitchburg, MA grew from $50,617 to $51,412 in the past year. This data is an estimate based upon 14,828 households in Fitchburg, MA.
The chart below presents how household income is distributed in Fitchburg, MA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Fitchburg, MA compared to median property taxes around the country. The prevalent amount of property taxes in Fitchburg, MA equals $3k+ , which is more than the national average.