Active
21 Days on market
55 Elmwood Ave Fitchburg — Photo 1 of 42

55 Elmwood Ave Fitchburg — Photo 1 of 42

$649,900

55 Elmwood Ave, Fitchburg, MA 01420

Fitchburg, MA 01420 — Fitchburg

Beds

6

Baths

2

SqFt

2,400

Style

2 Family - 2 Units Up/Down

Built

1900

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!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$271/sqft
Local Avg (Fitchburg)$214/sqft
27% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Fitchburg, MA.

Property Details

Financials

Original Price$649,900
Annual Taxes$5,390

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms10
FireplacesNone
FlooringTile, Hardwood, Stone/Ceramic Tile
BasementFull, Walk-Out Access, Dirt Floor, Unfinished

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.29
SqFt Lot12,672
Lot FeaturesWooded, Additional Land Avail., Level

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Other

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Public School

Geography

Population

41,839

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$73K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

45.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Traci Lavanway

Listing Office: Coldwell Banker Realty - Leominster

MLS® Number: 73565842

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