2 Family - 2 Units Up/Down at 28 Institute St, Fitchburg MA 01420, Fitchburg
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$499,000

28 Institute St, Fitchburg MA 01420
Fitchburg, MA 01420
Listed by Gabrielle Aguiar
Bedrooms
5
Bathrooms
2
Living area
2,152 sqft
Year built
1880

About this home

An incredible opportunity for owner-occupants, investors, or buyers looking to offset their mortgage with rental income! Located on a quiet street in desirable West Fitchburg, this modern, renovated 2-family offers flexible living, modern comforts, and strong rental-income potential. Unit 1 is currently VACANT, making this an ideal opportunity for an owner-occupant ready to move in or an investor who wants the flexibility to select their own tenant. Unit 1 features 2 bedrooms, 1 full bath, and convenient laundry in the basement. Unit 2 offers 3 bedrooms, 1 full bath, and its own second-floor laundry. A walk-up attic features a finished bonus room with additional space and future potential. Enjoy separate private balconies from the newer porch, plus a backyard featuring a fire pit area and its own apple tree, perfect for relaxing, entertaining, and enjoying the outdoors. Additional updates include a central heating system and updated electrical. Seller-owned solar panels will convey to the new owner, providing the added benefit of significant electricity savings with no solar lease! The property also features ample off-street parking with its own driveway, a detached garage ideal for sheltered parking or extra storage.additional parking across the street. Conveniently located just 5 minutes from the T, near Fitchburg State University, and with easy access to major commuter routes. Whether you're an investor seeking a turnkey property or a buyer hoping to live in one unit while renting the other, this West Fitchburg two-family is an opportunity you won't want to miss! First showings at Open House.

Property details

MLS #
73565986
Property type
2 Family - 2 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
7
On market date
August 20, 2026
Stories
2
Total bathrooms
2
Garage spaces
1
Parking spaces
5
Lot size
0.14 sqft
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Reingold Elementary
0.58 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
592
Student:teacher ratio
14.1:1
District
Fitchburg
Middle
Memorial Middle School
1.55 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
668
Student:teacher ratio
12.4:1
District
Fitchburg
High
Montachusett Regional Vocational Technical
1.35 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,413
Student:teacher ratio
12.5:1
District
Montachusett Regional Vocational Technical

Mortgage calculator

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Est. monthly payment
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.