$599,900
Active
5 Days Online
5 Beds5 Baths2,868 SQFT
Active

94 Central St Leominster, MA 01453

Open House

  • Sun, Oct 20: 5pm-6pm
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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. OPEN HOUSE: Sat 10/19 11AM-12PM and Sun 10/20 1-2PM.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyWorcester
  • Taxes$5,801
  • HOA/Condo/Coop Fees$0
  • Days on Site4 Days
  • MLS StatusActive
  • MLS ID Number73302438
  • Home Size Source Public Records
  • Year Built1900
  • Lot Size0.16 Acres
  • Full Baths4
  • Partial Baths1

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General Features

  • Parking Paved DriveOff Street
  • Parking Spaces 8
  • Sewer Public Sewer
  • Electric 100 Amp Service
  • Basement Dirt Floor
  • Number of Stories 8
  • Acreage 0.16
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Concrete PerimeterBrick/ MortarBrick/Mortar
  • Zoning BB
  • Compensation Based On Compensation Offered but Not in MLS
  • Garage 0
  • Parking Features Paved DriveOff Street
  • Electricity 100 Amp Service

Interior Features

  • Heating Forced AirNatural GasElectric
  • Appliances RangeRefrigerator
  • Flooring CarpetHardwoodVinyl / V C TVinyl / VCT
  • Interior Living RoomKitchenLiving RM/Dining RM Combo
  • Fireplaces 0
  • Fireplace No
  • Interior Features Living RoomKitchenLiving RM/Dining RM Combo

Exterior Features

  • Roof Slate
  • Spa No
  • Waterfront Property No
  • Patio And Porch Porch

Community Features

  • Community Features Public TransportationShoppingParkMedical FacilityHighway AccessT- StationT-Station
  • Senior Community No
  • Adult Care Community No

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Monthly Payment (Est.)

$3,015
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