INVESTOR SPECIAL! Motivated seller offering this two-family investment property with immediate income and upside. The property is fully rented with longterm tenants on leases running through February 2027, providing stable cash flow from day one. Several major systems have already been addressed, including a new roof installed in 2021 and updated water heaters, reducing near term capital needs for the next owner. The property also features separate utilities, a rear deck, off-street parking, and rear yard space. Updates could enhance long term value and rental potential. The property generates income today with potential for future value. The property is being sold as is and is intended for investors due to existing leases.
This home has been viewed 9 times
Last Checked: January 28th, 2026 at 7:08pm (Source: MLS PIN #73471748)
Gross Income: $40,800
Gross Expenses: $4,897
Net Income Calc: $35,903
CAP Rate: 10.26%
Annual Expenses for 208 Laurel St, Fitchburg MA 01420
Total Gross Expenses (Calculated)$4,897/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,897
Annual Income & Unit Breakdown for 208 Laurel St, Fitchburg MA 01420
Total Gross Income (Calculated)$40,800
Unit 1
Rental Income$1,700
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
HeatingYes
Rent Includes
Unit 2
Rental Income$1,700
LeaseY
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingYes
Rent Includes
General Information for 208 Laurel St, Fitchburg MA 01420
Listing ID73471748
Property TypeMulti Family / 2 Family
Price$349,900 ($175.65/SqFt)
Style2 Family - 2 Units Side By Side
CityFitchburg
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total1,992 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking2
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor SpaceDeck
ZoningRC
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 208 Laurel St, Fitchburg MA 01420
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceEstimated
Total Gross Expenses By Broker$0
Total Gross Income By Broker$40,800
Total Net Income By Broker$40,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 208 Laurel St, Fitchburg MA 01420
Real Estate Taxes$4,897
Tax Year2025
Assessed Value$362,500
Financial Data SourceEstimated
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$40,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$40,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)10.26%
Location Information for 208 Laurel St, Fitchburg MA 01420
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Laundromat, Bike Path, Public Transportation, T-station, Tennis Court(s), University
Contact Information for 208 Laurel St, Fitchburg MA 01420