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Attention investors and owner-occupants! This well-maintained two-family home offers an excellent opportunity to build equity and add value in a desirable neighborhood setting. Both units feature three generously sized bedrooms and one full bath along with comfortable living spaces, separate utilities, and wrap-around porches on both floors. A particularly appealing feature is the additional land located off the driveway, offering potential for future use or possible development. With six off-street parking spaces and a large yard, there is plenty of room for outdoor activities, entertaining, gardening, or simply enjoying the neighborhood setting. Coin-operated laundry is conveniently located on site for tenants, adding an extra amenity and potential income opportunity. The separate living spaces provide flexibility for a variety of ownership options. Live in one unit while generating rental income from the other, or add this spacious two-family to your investment portfolio. The generous bedroom count and functional layouts offer plenty of possibilities for tenants and owner-occupants alike. Located just down the street from Parkhill Park and less than a five-minute drive to Coggshall Park, offering walking paths, playgrounds, and recreational amenities. Conveniently situated near local shopping, dining, and everyday conveniences while maintaining a comfortable neighborhood feel. With its spacious units, wrap-around porches, ample parking, large yard, and valuable additional land, this is an opportunity worth exploring. Bring your vision and make it your own. Schedule your private showing today!

More Info

Basic Information

  • Gross Income $46,800
  • Listing Terms Contract
  • Lot Features Wooded, Additional Land Avail., Level
  • Mls StatusNew
  • Parcel Number M:0088 B:0088 L:0,1506778
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $399,000
  • Tax Year 2025
  • Taxes$5,390

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Shared Driveway, Off Street, Common, Paved
  • Parking Spaces6

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms6
  • Full Bath2

Basic Information

  • List Price$649,900
  • MLS Number73565842
  • Modification Date08/19/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address55 Elmwood Avenue
  • Building Number55
  • CountyWorcester
  • NeighborhoodFitchburg
  • StateMA
  • StreetElmwood Avenue
  • SubdivisionFitchburg
  • TownFitchburg
  • Zip01420

Building

  • BasementFull, Walk-Out Access, Dirt Floor, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Levels 2
  • Patio And Porch Features Porch, Enclosed, Deck, Deck - Wood, Patio
  • Rooms10
  • Stories2
  • Units2
  • Utilities For Electric Range, For Electric Oven
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.29

Interior

  • Flooring Tile, Hardwood, Stone/Ceramic Tile
  • Interior Features
    • Bathroom with Shower Stall
    • Ceiling Fan(s)
    • High Speed Internet
    • Kitchen
    • Laundry Room
    • Living Room
    • Storage

Exterior

  • Exterior Features Garden, Stone Wall
  • Fencing Fenced/Enclosed, Fenced
  • RoofRubber

Utilities

  • Electric 100 Amp Service
  • Heat SystemYes
  • Heating Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,400
  • Lot Size Square Feet 12,672
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,400

Amenities

  • Amenities
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
  • Appliances IncludedRange, Dishwasher, Microwave, Refrigerator, Other
  • Other AmenitiesBasement, Garden

Other

  • Date Listed08/19/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Traci LaVanway of Coldwell Banker Realty - Leominster

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