4 Family at 500 Beech St, Fitchburg MA 01420, Fitchburg
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41 photos

$675,000

500 Beech St, Fitchburg MA 01420
Fitchburg, MA 01420
Listed by Paula Valente
Bedrooms
9
Bathrooms
6
Living area
4,211 sqft
Year built
1939

About this home

Excellent Investment Opportunity! Fully occupied 4-family property offering immediate rental income and a desirable unit mix. This well-maintained property features two 3-bedroom, 2-bath units, one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit, making it attractive to a wide range of tenants. Currently generating $6,400 per month in rental income, with separate utilities for each unit. Situated on a nice level lot with a paved driveway and ample off-street parking. Conveniently located near shopping, schools, parks, public transportation, and major highways, providing easy access for commuters and tenants alike. A solid addition to any investment portfolio with stable occupancy and immediate cash flow. Roof is 3 years old. 4 car garage in back is not part of this property. Group showings Monday 8/17 from 10:15 to 11:15 Buyer agent must accompany buyer.

Property details

MLS #
73563587
Property type
4 Family
Subdivision
N/A
Status
Active
Days on market
70
On market date
July 30, 2026
Stories
4
Total bathrooms
6
Garage spaces
N/A
Parking spaces
4
Lot size
0.38 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Reingold Elementary
0.73 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
0.27 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
Goodrich Academy
1.85 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
158
Student:teacher ratio
19.8:1
District
Fitchburg

Walkability

Blended score for Fitchburg's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

75
Walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Google Places amenity density
73 / 100
Restaurants & cafes9
Grocery stores1
Parks7
Schools11
Transit stops9
Pharmacies1

Market position

How this listing compares to current activity in Fitchburg, from live MLS data.

On the market 70 days -- 18 fewer days than Fitchburg's current average of 88 days.
For reference, the median list price across 350 active listings in Fitchburg right now is $399,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,215/mo
$135,000 down
$540,000 loan
Principal & interest$3,502
Property tax (est.)$563
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 17, 2026.

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.