Price Reduced 2.50%

$584,900 ($203.94 per sqft)

Pending

Est. Mortgage $2,881/mo *

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94 Central St, Leominster, MA, 01453

94 Central St, Leominster, MA, 01453
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16 rooms

6 beds

4 Full / 1 Half baths

1900

2,868 sqft

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.

Status:

Pending

Type:

Multi-family

Units:

5

Zoning:

BB

Heating:

Forced Air, Natural Gas, Electric

Basement:

Dirt Floor

Levels:

8

Parking:

8-car, Paved Drive, Off Street

Acreage:

0.16

Est. Taxes:

$5,801

Assessment

$399,800

Amenities:

Public Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station

Appliances:

Range, Refrigerator

MLS #:

73302438

Compensation Based On:

Compensation Offered but Not in MLS

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Candor Realty Group, Four Points Real Estate, LLC Phone: 888-944-5827