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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.

More Info

Basic Information

  • Gross Income $76,800
  • Listing Terms Contract
  • Lot Features Level
  • Mls StatusNew
  • Parcel Number 1507989
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $586,600
  • Tax Year 2025
  • Taxes$7,925

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces4

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms9
  • Full Bath6

Basic Information

  • List Price$675,000
  • MLS Number73563587
  • Modification Date08/14/2026
  • Property SubType4 Family

Location

  • Address500 Beech Street
  • Building Number500
  • CountyWorcester
  • StateMA
  • StreetBeech Street
  • TownFitchburg
  • Zip01420

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationOther
  • Levels 4
  • Patio And Porch Features Enclosed
  • Rooms18
  • Stories4
  • Units4
  • Utilities For Electric Dryer, Washer Hookup
  • Year Built1939
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.38

Interior

  • Flooring Varies

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,211
  • Lot Size Square Feet 16,426
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet4,211

Amenities

  • AmenitiesPublic Transportation, Park, Highway Access, Public School
  • Other AmenitiesBasement

Legal

  • ZoningRA

Other

  • Date Listed08/13/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Paula Valente of Real Estate Exchange

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