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.