New ListingExcellent opportunity to acquire a cash-flowing 6-unit multifamily in Leominster! Currently generating $9,480/month in gross rental income ($113,760 annually) with five units occupied and one newly renovated vacant unit ready for its next tenant. The property offers strong in-place income from day one while leaving room for additional upside through minor cosmetic improvements to the remaining units and common areas. An attractive opportunity for an investor looking for a stabilized multifamily asset without taking on a major renovation project. Convenient location near downtown Leominster, shopping, restaurants and major routes.
| MLS # | 73578802 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 2 |
| Listing Provided By | The Hive Real Estate LLC | Damon Amato |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 4,917 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 5 |
| Units | 6 |
| Zoning | RC |
| Acreage | 0.16 |
| Rooms Total | 22 |
|---|---|
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Roof | Rubber |
|---|---|
| Construction Materials | Frame |
| Foundation Details | Stone |
| Lot Features | Corner Lot |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Paved Drive, Off Street |
| Open Parking Yes / No | Yes |
| Sewer | Public Sewer |
|---|
| Tax Annual Amount | 8993 |
|---|---|
| Tax Assessed Value | 686000 |
| Tax Year | 2025 |
| Community Features | Public Transportation, Shopping, Public School |
|---|---|
| Senior Community Yes / No | No |
| State | MA |
|---|---|
| County | Worcester |
| City | Leominster |
| Zip Code | 01453 |
| Area | Worcester |
| Listing VS Median (in 01453) | |
Price: $877,000 low | high Med: $489,950 sqft: 4,917 low | high Med: 1,494 $ / sqft: $178 low | high Med: $347 On site: 2 low | high Med: 29 | |
| State | MA |
|---|---|
| County | Worcester |
| City | Leominster |
| Zip Code | 01453 |
| Area | Worcester |
| Listing VS Median (in 01453) | |
Price: $877,000 low | high Med: $489,950 sqft: 4,917 low | high Med: 1,494 $ / sqft: $178 low | high Med: $347 On site: 2 low | high Med: 29 | |