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52 Bemis Rd, Fitchburg, MA, 01420

8beds
5baths
5,543sqft
$699,900
$126price/sqft
$5,645/moest. monthly cost
$225,800/yrincome needed

About This Home

Investors take notice! This well-maintained 5-unit multifamily property presents an outstanding opportunity to expand your investment portfolio or begin building long-term wealth through real estate. Held by the same family for an incredible 136 years, this property reflects generations of pride in ownership and thoughtful maintenance. Offering strong rental appeal, three units are currently occupied by tenants at will, while additional income potential exists with the remaining units. One oversized apartment was originally two separate units and has been combined into a spacious residence, providing flexibility for future rental strategies. Major improvements include vinyl siding, vinyl replacement windows, a flat rubber roof approximately 10 years old, a new boiler approximately 2 years old, newer gas heaters, and six electric meters. Separate utilities help simplify property management and tenant billing. Inside, the building retains much of its original character with beautiful ornate woodwork, impressive 4¼-inch window and door casings, original five-panel interior doors, and hardwood flooring throughout much of the property. Conveniently located minutes to Twin City Rail Trail and near shopping, restaurants, churches, markets, bus stops, and the commuter rail station, this property offers the accessibility of today's tenants value. Whether you're a seasoned investor seeking dependable cash flow or a buyer looking to enter the multifamily market with confidence, this is a rare opportunity to own a solid income-producing property with a remarkable history and excellent upside potential.

Getting Around

79
WalkingVery Walkable
33
TransitSome Transit
40
BikeSomewhat Bikeable

Schools

3/10
2/10
Fitchburg High SchoolGrades 9-124.0 mi

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Side by Side

Interior

Appliances

  • Appliances included: Range,Refrigerator,Washer,Dryer
  • Laundry features: Washer Hookup,Dryer Hookup,Gas Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Living Room,Kitchen,Office/Den
  • Flooring: Wood,Carpet
  • Finished area above ground: 5,543

Heating

  • Heating features: Natural Gas,Space Heater,Steam

Interior Area

  • Total structure area: 5,543
  • Total interior livable area: 5,543 sqft

Property

Details

  • Parcel number: M:0133 B:0001 L:0,1509281
  • Zoning: NB

Features

  • Patio & porch: Porch

Lot

  • Lot size: 6,678 sqft
  • Features: Cleared

Parking

  • Total spaces: 7
  • Parking features: Off Street,Stone/Gravel
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Ice Storm

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,539$42,468
Home Insurance *$284$3,408
Property Taxes $729$8,748
Electricity $1,093$13,116
Total$5,645$67,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$193,542/yr
40% on housing$169,350/yr
45% on housing$150,533/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$126This listing

vs Other Active Listings

Avg $/sqft

ZIP 01420$213
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01420$263
Worcester County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-30Listed for sale$699,900

For Sale by Agent

AgentBrenda Albert
BrokerageLAER Realty Partners

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