55 Elmwood Ave
Fitchburg, MA 01420
$619,900 - Fitchburg
**Price Improvement** 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!
| Listing ID: | 73565842 |
|---|---|
| List Price: | $619,900 |
| Property Type: | Residential Income |
| Property Sub Type: | 2 Family - 2 Units Up/Down |
| Status: | Active |
| Bank Owned: | No |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 2 |
| Living Area: | 2,400 |
| Tax Annual Amount: | $5,390 |
| Lot Size Square Feet: | 12,672 |
| Lot Size Acres: | 0.29 |
| Waterfront?: | No |
| City: | Fitchburg |
| MLS Area Major: | Fitchburg |
| County Or Parish: | Worcester |
| Postal Code: | 01420 |
| Year Built: | 1900 |
| Number Of Units Total: | 2 |
| Appliances: | Range, Dishwasher, Microwave, Refrigerator, Other |
| Flooring: | Tile, Hardwood, Stone/Ceramic Tile |
| Heating: | Natural Gas |
| Lot Features: | Wooded, Additional Land Avail., Level |
| Parking Features: | Paved Drive, Shared Driveway, Off Street, Common, Paved |
| Status: | Active |
| State Or Province: | MA |
| Water Source: | Public |
| Roof: | Rubber |
| Foundation Details: | Concrete Perimeter |
| Postal Code Plus4: | 4933 |
| Electric: | 100 Amp Service |
| Construction Materials: | Frame |
| Listing Contract Date: | 2026-08-19 |
| Heating?: | Yes |
| Lot Size Area: | 0.29 |
| Rooms Total: | 10 |
| Bathrooms Total Integer: | 2 |
| Basement: | true |
| Basement: | Full, Walk-Out Access, Dirt Floor, Unfinished |
| Building Area Source: | Public Records |
| Community Features: | Public Transportation, Shopping, Park, Medical Facility, Laundromat, Public School |
| Exterior Features: | Garden, Stone Wall |
| Fencing: | Fenced/Enclosed, Fenced |
| Interior Features: | Laundry Room, Ceiling Fan(s), Storage, High Speed Internet, Bathroom with Shower Stall, Living Room, Kitchen |
| Levels: | 2 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Open Parking?: | Yes |
| Parcel Number: | M:0088 B:0088 L:0, 1506778 |
| Patio And Porch Features: | Porch, Enclosed, Deck, Deck - Wood, Patio |
| Road Frontage Type: | Public |
| Road Surface Type: | Paved |
| Sewer: | Public Sewer |
| Utilities: | for Electric Range, for Electric Oven |
| Zoning: | RB |
| Stories Total: | 2 |
| Year Built Source: | Public Records |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner |
| Gross Income: | $46,800 |
| Insurance Expense: | $917 |
| Listing Terms: | Contract |
| Apod Available: | Yes |
| Certificate Number: | 000000003330 |
| Color: | White |
| Disclosure: | Yes |
| Dpr Flag: | Yes |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Gre: | 2,817 |
| Heat Units: | 2 |
| Heat Zones: | 2 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | No |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $258.29 |
| Page: | 194 |
| Price Per Sqft: | $258.29 |
| Square Feet Incl Base: | No |
| Net Operating Income: | $46,800 |
| Operating Expense: | $2,817 |
| Original List Price: | $649,900 |
| Parking Total: | 6 |
| Road Responsibility: | Public Maintained Road |
| Tax Assessed Value: | $399,000 |
| Tax Year: | 2025 |
| Total Actual Rent: | $3,900 |
| Water Sewer Expense: | $1,900 |
| Year Built Details: | Actual |
| Building Area Total: | 2,400 |
| Bedrms 1: | 3 |
| Bedrms 2: | 3 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| Hot Water: | Natural Gas, Tank |
| Above Grade Finished Area: | 2,400 |
| Open Parking Spaces: | 6 |
| Living Area Source: | Public Record |
| Rent1: | 1,900 |
| Rent2: | 2,000 |
| Total Flrs: | 3 |
| Total Flrs: | 3 |
| Beachfront Flag: | No |
Listing Courtesy of: Coldwell Banker Realty - Leominster
Listing Agent: Traci LaVanway
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MLS Property Information Network, Inc. data last updated on October 08, 2026 04:59 PM - ET
Property Last Updated: October 08, 2026 04:59 PM - ET









































