*OFFERS DUE by 11/04 at 5pm. Clean self-sustained two family with 6-year-old roof updated and well maintained. Shared Easement driveway with parking for 4-5 cars and a patio area in the back yard. First floor has two bedroom and one bath and second floor three bedroom and 1 bath. All separate utilities, owner occupied, newer window, newer water heaters, forced hot air on the1st floor, steam heat on the 2nd floor, laundry hook ups in basement. Contingent on seller finding suitable housing, no showings until after Open House. 24 hours' notice needed for showings tenants on premises.TAW, active video surveillances.
Two homes on one deeded lot! In the front, find the 3-family building with three 3 bedroom & 1 bathroom apartments and 3 parking spaces. In the rear, a single-family home boasts 3 bedrooms, 1 bathroom, and 2 parking spaces. This unique 4-unit income property features separate utilities for each unit, several recent updates such as a newly paved driveway for off street-parking, hot water tanks, and improved heating systems. All units have long-term renters and are tenants-at-will, currently rented below market value. Conveniently located just steps from downtown, this property is also near major commuter routes, recreation areas, shopping, and more. Don't miss out on this investment opportunity. 11/3 Open House: access to 2nd floor unit only.
**Attention Investors!** Cash-flowing, fully-occupied 3-family home with a bonus loft/in-law suite in a prime location! The property features two 1-bedroom units on the first floor, a spacious 3-bedroom unit on the second floor, and a loft-style in-law suite on the third floor. All units are currently rented with great tenants under lease agreements, ensuring immediate income. Tenants have access to a shared laundry area for added convenience. The property boasts a 2-car detached garage and ample additional parking. Located just minutes from downtown, shops, restaurants, and major highways, this property offers both convenience and appeal for tenants. Perfect for investors looking for a turn-key, cash-flowing opportunity with long-term upside! Don’t miss out!
Attention Investors! Explore this exceptional multifamily investment opportunity in the heart of downtown Leominster! This fully occupied 5-unit property spans three levels and includes two 1-bedroom units, a studio, and two commercial spaces. Currently producing a 7.9% cap rate, this property offers not only immediate income but also potential for future rent increases, as most units are nearing market rent. Recent upgrades include new water heaters and furnaces installed in 2023 and a new front deck, ensuring efficiency and reliability. With a driveway on each side and ample parking in the rear, it provides convenience for tenants and businesses alike. Don’t miss out on this promising investment! Buyer/Buyer's agent to do own due diligence. Listing agency has vested interest. Seller has never occupied property.
This majestic Victorian is ready for its new owners! Located just off the vibrant downtown, this impeccably maintained beauty has graced the area for a century. The upper two floors are a luxurious living space including 3 bedrooms and 2 full baths. Bonuses include 3rd floor laundry, hardwood floors, and countless period details. Dining room with fireplace and top end kitchen with Thermador stove/hood, island and office nook. Many built-ins and storage abound as well as stained glass throughout adding another dimension of elegance to this property. First floor is currently being leased by an orthodontic practice for $3,965/month with grand foyer, 1/2 bath, waiting room, reception area, office and exam room. Oversized parking area, central air conditioning and 2 car detached garage.
A unique 5 unit investment opportunity blending residential and commercial spaces in a prime location. This rare mixed-use property features two spacious residential units above three versatile commercial/retail/office spaces. Recent upgrades make it ideal for investors and business owners. The left street-level unit is leased to a vintage clothing store with a half bath and utility space, while the right unit, a barber shop, will be vacant upon sale. The third unit, previously a nail salon, includes a tanning booth, half bath, and shower room with interior and rear access. All street-level units share efficient HVAC and gas heating. Each residential apartment features a 4-room layout and full bath, separate utilities, and individual meters. All units are tenant-at-will. Additional features include paved off-street parking and a full unfinished basement with walkout access and windows. Located in a high-traffic area, this property offers endless possibilities.
The median home value in Leominster, MA is $427,500. This is higher than the county median home value of $398,500. The national median home value is $338,100. The average price of homes sold in Leominster, MA is $427,500. Approximately 60.89% of Leominster homes are owned, compared to 35.01% rented, while 4.1% are vacant. Leominster real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Leominster real estate agent to arrange a tour today!
Leominster, Massachusetts has a population of 43,478. Leominster is more family-centric than the surrounding county with 31.84% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Leominster, Massachusetts is $69,525. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in Leominster is 41.6 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 48 inches per year, with 51 inches of snow per year.