94 Central St Open House Save Request In-Person Tour Request Virtual Tour
Leominster,MA 01453
OPEN HOUSE
Sat Oct 19, 11:00am - 12:00pm Sun Oct 20, 1:00pm - 2:00pm
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,868 sqft
Price per Sqft $209
MLS Listing ID 73302438
Bedrooms 5
Full Baths 4
Half Baths 1
Year Built 1900
Annual Tax Amount $5,801
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Description
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.
Location
State MA
County Worcester
Zoning BB
Direction Please use GPS.
Rooms
Basement Dirt Floor
Interior
Interior Features Living Room,Kitchen,Living RM/Dining RM Combo
Heating Forced Air,Natural Gas,Electric
Flooring Carpet,Hardwood,Vinyl / VCT
Appliance Range,Refrigerator
Exterior
Community Features Public Transportation,Shopping,Park,Medical Facility,Highway Access,T-Station
Waterfront false
Roof Type Slate
Parking Type Paved Drive,Off Street
Total Parking Spaces 8
Garage No
Building
Story 8
Foundation Concrete Perimeter,Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false