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157 Union St, Leominster, MA

Leominster · MA 01453

$555,000
Price
7
Beds
3
Baths
2869
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 0.35 Acre Lot
Price per square foot: $172 / Sq.Ft
Parking: 2 Garage Spaces · 10 Off Street Spaces

About this home

Open House Sunday 7/23 from 1:00-2:30! Check out this 3-family investment. It was once a 2 unit and now a legal 3-unit income producer! 1st and 2nd units both have large 3 bedrooms while the 3rd floor has 3 rooms, 1 bedroom with full bathroom. New roof within the last 6 months. There is a large 2 car detached garage for personal use or possibly rent out for additional income. This property needs some TLC but overall, it is a great income producing investment with low maintenance and a great rental history. With a potential gross rental income of $60K with low expenses, makes this property a great investment!! Leominster offers an attractive blend of history, community spirit, convenient location, and recreational opportunities. Its affordable housing and promising economic prospects make it a compelling choice for both residents and investors seeking a balanced and fulfilling lifestyle.

Neighborhood & Transit

157 Union St, Leominster · MA 01453

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1203 days
Listing Price:
$494,900
Price per Sq.Ft:
$172
Tax Assessment:
$363,200 in 2023
Taxes:
$470 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,869 Sq.Ft
Broker Disclosure about Living Area
buyer to verify all data including approx. Tax rec does not include all finished rms on 3rd fl unit.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2869
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
15,291 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
The Best Buy Team
Listing office
Media Realty LLC
MLS PIN #
73138598
Disclosure
Partial shared driveway. Owner converted top floor into a 1 bdrm unit in 2019. Not reflected on tax assessment. 3rd fl Tenant is vacating at end of the month. Owner resides on 1st fl. 1st fl furnace not operable as seller converted to electric baseboard. Floor plans are for marketing purposes only.
Disclosure
buyer to verify all data including approx. Tax rec does not include all finished rms on 3rd fl unit.