For Sale

40-46 Cottage St, Leominster, MA

Leominster · MA 01453

$999,000
Price
9
Beds
5
Baths
6500
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 5 Units
Lot size: 0.5 Acre Lot
Price per square foot: $154 / Sq.Ft
Parking: 12 Off Street Spaces

About this home

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.

Neighborhood & Transit

40-46 Cottage 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:
145 days
Listing Price:
$999,000
Price per Sq.Ft:
$154
Tax Assessment:
$487,400 in 2026
Taxes:
$555 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
5
Half Bathrooms
0
Living Area
6,500 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6500
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
21,705 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
12 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
Nicolas Berthet-Garcia
Listing office
Property Investors & Advisors, LLC
MLS PIN #
73535093
Disclosure
Unit (3) in three family will be delivered vacant. Unit (2) of two family will be delivered vacant. Rent entered for those units is approximate market rent.