Sold
94 Central St, Leominster, MA
Leominster · MA 01453
- $570,000
- Price
- 6
- Beds
- 4.5
- Baths
- 2868
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
5 Units
Lot size:
7,029 Sq.Ft Lot
Price per square foot:
$204 / Sq.Ft
Parking:
8 Off Street Spaces
About this home
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.
Neighborhood & Transit
94 Central 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:
- 749 days
- Listing Price:
- $584,900
- Price per Sq.Ft:
- $204
- Tax Assessment:
- $399,800 in 2024
- Taxes:
- $483 / Monthly
Home Facts
Interior Features
- Bedrooms
- 6
- Full Bathrooms
- 4
- Half Bathrooms
- 1
- Living Area
- 2,868 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2868
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 100 Amps
Exterior Features
- Lot Size
- 7,029 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
- 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
- Candor Realty Group
- Listing office
- Four Points Real Estate, LLC
- MLS PIN #
- 73302438
- Disclosure
- Unit 1 tenant currently occupies both commercial spaces. Seller has never occupied property and has limited knowledge. Ring camera on premises. Buyer/Buyer's agent to do own due diligence. Listing agency has vested interest.
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