
55 Elmwood Ave Fitchburg — Photo 1 of 42
Recent Drop: $30,000
$619,900
55 Elmwood Ave, Fitchburg, MA 01420
Fitchburg, MA 01420 — Fitchburg
Beds
6
Baths
2
SqFt
2,400
Style
2 Family - 2 Units Up/Down
Built
1900
**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!
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Fitchburg, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Other
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Public School
Geography
Property History
$619,900
Was $649,900
Sep 19, 2026
MLS® 73565842
$649,900
Aug 19, 2026
MLS® 73565842
Population
41,839
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$73K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
45.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Worcester County
1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Traci Lavanway
Listing Office: Coldwell Banker Realty - Leominster
MLS® Number: 73565842
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