113 Spruce St
$877,000
9
Beds
6
Baths
4,917
Sqft
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$877,000
9
Beds
6
Baths
4,917
Living Area
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Property Description
Excellent opportunity to acquire a cash-flowing 6-unit multifamily in Leominster! Currently generating $9,480/month in gross rental income ($113,760 annually) with five units occupied and one newly renovated vacant unit ready for its next tenant. The property offers strong in-place income from day one while leaving room for additional upside through minor cosmetic improvements to the remaining units and common areas. An attractive opportunity for an investor looking for a stabilized multifamily asset without taking on a major renovation project. Convenient location near downtown Leominster, shopping, restaurants and major routes.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
- Parking Spots: 7
- Property Type: 5-9 Family
- Total Rooms: 22
- Status: Active
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Additional Details
- Basement: Full, Interior Entry
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rc
- Construction: Frame
- Lot Features: Corner Lot
- Roof: Rubber
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Public School
- Parking Features: Paved Drive, Off Street
- Covered Parking Spaces: 1
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $686,000
- Taxes: $8,993
- Tax Year: 2025
- Total Rent: $9,480
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of The Hive Real Estate LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.