Sold!
$790,000
8
Beds
4
Baths
4,096
Living Area
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Property Description
Prime investment opportunity in the heart of Leominster! This well-maintained four-unit multi-family property is a powerful addition to any real estate portfolio. Each of the four units offers a spacious and flexible layout, featuring two generous bedrooms, one full bath, and a large eat-in kitchen. A significant bonus is the expansive living area, which can easily serve as a third bedroom if desired, maximizing rental potential. Adding to its appeal, there's a large lot behind the existing parking area, providing ample space for a potential second building, significantly increasing the property's future value and development possibilities. This is an ideal turnkey addition for a seasoned investor or a fantastic starting point for those new to real estate. One unit is vacant, making this a great opportunity for an FHA loan. Situated just moments from public transportation, downtown restaurants, parks, and other local amenities, don't miss your chance to acquire this fantastic asset!
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Highlights
- Cooling: Window Unit(s)
- Heating: Baseboard, Oil
- Parking Spots: 10
- Property Type: 4 Family - 4 Units Side by Side
- Total Rooms: 16
- Status: Closed
- Has View: Yes
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1955
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Microwave
- Construction: Frame
- Foundation: Concrete Perimeter
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 4
- Year Built Details: Approximate
- Zoning: Rb
- Basement: Full, Concrete, Unfinished
- Flooring: Carpet, Laminate
- Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: City View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility
- Parking Features: Paved Drive, Off Street, Common, Guest, Paved
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $605,900
- Tax Year: 2024
- Total Rent: $6,700
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $8,500
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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 RE/MAX Diverse.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
