$1,050,000
 $5,637 est/mo Sourced by Back At You

40-46 Cottage St,Leominster, MA 01453

Leominster, MA 01453

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Description

Rare investment opportunity featuring two separate homes on one lot with excellent income potential. This unique property consists of a large 3-family offering spacious 2-bedroom units that could easily be converted into 3-bedroom units with minor modifications, creating additional upside for investors. The second building is a 2-family with a 2-bedroom unit on the first floor and a 1-bedroom unit on the second floor. All units feature in-unit washer and dryer hookups for added tenant convenience. The property also offers ample off-street parking, a highly desirable feature for tenants. Important exterior updates have already been completed, including a brand-new roof on the 2-family and a newer roof on the 3-family replaced just a few years ago. Whether you are looking to expand your portfolio or owner-occupy while generating strong rental income, this property offers flexibility, value-add potential, and long-term cash flow opportunity.

Details

MLS #73535093
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site112
Listing Provided ByProperty Investors & Advisors, LLC | Nicolas Berthet-Garcia

Features

Bed(s)9
Bath(s) 5 Total
SQ Feet6,500
BasementY
Story(s)5
Units5
ZoningRC
Acreage0.50

Interior

Rooms Total23
Fireplaces Total1
Fireplace Yes / NoYes

Exterior

RoofShingle
Foundation DetailsStone
Lot FeaturesLevel

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount6658
Tax Assessed Value487400
Tax Year2026

Location

Community FeaturesPublic Transportation, Shopping, Park, Walk/Jog Trails, Highway Access
Senior Community Yes / NoNo

Area Information

StateMA
CountyWorcester
CityLeominster
Zip Code01453
AreaWorcester
Listing VS Median (in 01453)
Price:
$1,050,000
low | high
Med:
$485,000
100% of Average
sqft:
6,500
low | high
Med:
1,644
100% of Average
$ / sqft:
$162
low | high
Med:
$295
32.62657861198% of Average
On site:
112
low | high
Med:
36
100% of Average
Sourced by Back At You

Market Activity 01453

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Additional Information

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Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountyWorcester
CityLeominster
Zip Code01453
AreaWorcester
Listing VS Median (in 01453)
Price:
$1,050,000
low | high
Med:
$485,000
100% of Average
sqft:
6,500
low | high
Med:
1,644
100% of Average
$ / sqft:
$162
low | high
Med:
$295
32.62657861198% of Average
On site:
112
low | high
Med:
36
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $787K - $1.312M
sqft: 4,500 - 8,000
Nearby Listings Property ImageNearby Listings Details
86-88 Cottage St Property Photo 1
$1,150,000
86-88 Cottage St
Leominster, MA 01453
181 Pond St Property Photo 1
$949,900
181 Pond St
Leominster, MA 01453
Listing Updated: September 29, 2026 at 8:15:02 AM PDT