Sold
159 & 161 4th, Leominster, MA
Leominster · MA 01453
- $880,000
- Price
- 15
- Beds
- 6
- Baths
- 5721
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
6 Units
Lot size:
6,229 Sq.Ft Lot
Price per square foot:
$149 / Sq.Ft
Parking:
8 Off Street Spaces
About this home
The Property consists of two (2), three-story buildings and contains six (6) total units, comprised of three (3), 3-Bedroom/1-Bathroom units and three (3), 2-Bedroom/1-Bathroom units in 5,721 square feet of gross living area (8,782 square feet of gross area) on a combined 0.08-acres over two separately deeded parcels.The opportunity exists to increase rents to market rates via programmatic updates to the remaining unrenovated units in a highly desirable urban infill, high demand, & supply-constrained residential market increasing the income generating potential of the asset. Additionally, all three units in 159 4th Street allow for the opportunity to increase the bedroom counts ' further driving the income potential for the asset. Each unit is separately metered for electricity and gas (heat and hot water), which the Tenants pay directly. The Property includes ample parking for residents with over 6 direct off-street parking spaces, with ample room for additional tandem parking.
Neighborhood & Transit
159 & 161 4th, 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:
- 1462 days
- Listing Price:
- $850,000
- Price per Sq.Ft:
- $149
- Tax Assessment:
- $788,300 in 2022
- Taxes:
- $814 / Monthly
Home Facts
Interior Features
- Bedrooms
- 15
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 5,721 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 6,229 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 8 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Ryan Benton
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73026800