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86-88 Cottage St

Leominster, MA 01453
$800,000
6 Beds
4 Baths
4,050 Living Area
  • Property Description
    LEOMINSTER INVESTMENT OPPORTUNITY! 4-Unit Income Property on half-acre lot well located close to town center. Featuring paved off-street parking; separate natural gas heat, separate electric, separate water heaters; many recent updates including new electrical 2020 upgraded from street and installed circuit breakers; new rubber roofs in back 2017; new front porch and front roof 2015; new roof and side porches 2011; 1st floor left - heating system 2011; 1st floor right - heating system 2018 and mini split 2019; 2nd floor left - installed heat pump & replaced gas range 2019. All units are below market rent. No leases - all units tenant-at-will. Close to major commuter routes, recreation areas, shopping areas and much more. Excellent turn-key investment! Rare Offering!!
  • Highlights
    • Cooling: Central Air
    • Parking Spots: 8
    • Property Type: 4 Family
    • Year Built: 1890
    • Heating: Natural Gas, Individual, Heat Pump
    • Property Class: Residential Income
    • Total Rooms: 18
    • Status: Closed
  • Additional Details
    • Appliances: Range, Refrigerator
    • Construction: Frame
    • Flooring: Vinyl, Carpet, Laminate
    • Interior Features: Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
    • Road Frontage Type: Public
    • Total Number of Units: 4
    • Year Built Source: Public Records
    • Basement: Full, Dirt Floor, Unfinished
    • Exclusions: Handicap Ramp Belongs To Tenant.
    • Foundation: Stone, Brick/Mortar
    • Lot Features: Level
    • Roof: Shingle, Rubber
    • Year Built Details: Approximate
    • Zoning: Rc
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
    • Parking Features: Paved Drive, Shared Driveway, Common, Paved
  • Utilities
    • Electric: Circuit Breakers, Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $557,000
    • Compensation Based On: Net Sale Price
    • Taxes: $8,082
    • Buyer Agent Compensation: 2.0%
    • Tax Year: 2024
    • Total Rent: $3,350

Location

86-88 Cottage St, Leominster, MA 01453

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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 Prospective Realty INC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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