$555,000
7
Beds
3
Baths
2,869
Living Area
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Property Description
Open House Sunday 7/23 from 1:00-2:30! Check out this 3-family investment. It was once a 2 unit and now a legal 3-unit income producer! 1st and 2nd units both have large 3 bedrooms while the 3rd floor has 3 rooms, 1 bedroom with full bathroom. New roof within the last 6 months. There is a large 2 car detached garage for personal use or possibly rent out for additional income. This property needs some TLC but overall, it is a great income producing investment with low maintenance and a great rental history. With a potential gross rental income of $60K with low expenses, makes this property a great investment!! Leominster offers an attractive blend of history, community spirit, convenient location, and recreational opportunities. Its affordable housing and promising economic prospects make it a compelling choice for both residents and investors seeking a balanced and fulfilling lifestyle.
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Highlights
- Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
- Parking Spots: 10
- Property Type: 3 Family
- Year Built: 1900
- Heating: Unit 1(Electric Baseboard), Unit 2(Steam, Gas), Unit 3(Electric Baseboard)
- Property Class: Residential Income
- Total Rooms: 13
- Status: Closed
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Additional Details
- Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Utility Connections for Gas Range, Utility Connections for Electric Range
- Construction: Frame
- Flooring: Vinyl, Carpet, Hardwood
- Interior Features: Unit 1(Pantry, Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom with Shower Stall), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
- Roof: Shingle
- Year Built Details: Actual
- Zoning: .
- Basement: Full, Concrete
- Exterior Features: Porch, Gutters
- Foundation: Stone
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
- Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
- Covered Parking Spaces: 2
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $363,200
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Water, Other (See Remarks)), Unit 2(Water), Unit 3(Water)
- Taxes: $5,644
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 2%
- Tax Year: 2023
- Total Rent: $3,000
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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 Berkshire Hathaway HomeSevices Verani Realty Lawrence.
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