Leominster MA Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.11 Acres
Year built:
1920
Baths:
2.00
MLS#:
73307587

ADDITIONAL INFORMATION

*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.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Lot size:
0.13 Acres
Year built:
1910
Baths:
4.00
MLS#:
73307572

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.15 Acres
Year built:
1900
Baths:
4.00
MLS#:
73302487

ADDITIONAL INFORMATION

**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!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.16 Acres
Year built:
1900
Baths:
5.00
MLS#:
73302438

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Lot size:
0.26 Acres
Year built:
1930
Baths:
3.00
MLS#:
73299888

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.14 Acres
Year built:
1909
Baths:
3.00
MLS#:
73265994

ADDITIONAL INFORMATION

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.

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Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Leominster Real Estate

The median home value in Leominster, MA is $394,200. This is lower 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 $394,200. 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 01453 has a population of 43,478. Leominster 01453 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 01453 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 01453 is 41.6 years.

Leominster Weather

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.

Leominster Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    49
    30-day change

Leominster Schools and Demographics

Education near Leominster, MA

Metric City County
High School Graduates 90.03 91.56
College Degree - 2 year 10.87 9.06
College Degree - 4 year 31.84 38.06
Graduate Degree 9.15 11.77
Expenditures per Student 19,742 19,742
Students per Teacher 12.7 12.7

Elementary Schools near Leominster, MA

School Grades Students P/T Ratio ZIP
Bennett PK - PK 94 18.8 01453
Crocker Elementary School PK - 04 601 16 01420
Fall Brook KG - 05 657 14.1 01453
Johnny Appleseed KG - 05 705 14.3 01453
Mary Rowlandson Elementary School PK - 05 466 12.4 01523
McKay Arts Academy PK - 08 667 13.9 01420
Northwest KG - 05 677 14.4 01453
Priest Street School KG - KG 153 16.1 01453
Reingold Elementary School KG - 04 655 14.8 01420
South Street Elementary School PK - 04 655 13.9 01420
Southeast School KG - 05 584 12.9 01453

Middle Schools near Leominster, MA

School Grades Students P/T Ratio ZIP
Arthur M Longsjo Middle School 05 - 08 467 10.9 01420
Luther Burbank Middle School 06 - 08 255 13.3 01523
Memorial Intermediate School 05 - 08 647 13.3 01420
Samoset School 06 - 08 478 11.8 01453
Sky View Middle School 06 - 08 867 14.7 01453

High Schools near Leominster, MA

School Grades Students P/T Ratio ZIP
Fitchburg High School 09 - 12 1,166 15 01420
Goodrich Academy 09 - 12 183 22.8 01420
Leominster High School 09 - 12 1,066 12.5 01453
The Sizer School: A North Central Charter Essential School 07 - 12 367 9.4 01420

Ungraded Schools near Leominster, MA

School Grades Students P/T Ratio ZIP
* Center for Technical Education Innovation 09 - 12 751 16.9 01453
* Montachusett Regional Vocational Technical 09 - 12 1,435 13.4 01420
Leominster Center for Excellence 10 - 11 23 5.8 01453

Demographics near Leominster, MA 01453

Metric Zip Code City
Neighborhood Type Suburban
Population 43,478 856,858
Population Density 1,509 567
Median Age 41.6 40.2
People per Household 2.4 2.5
Median Household Income 69,525 81,660
Average Income per Capita 40,192 41,528