Homes for sale - 94 Central St, Leominster, MA 01453

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Joyce Murphy

joyce.murphy@raveis.com +1(781) 771-5146

$584,900

Est. payment - /mo

6 Beds

4.5 Baths

2,868 SqFt

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UPDATED:

11/20/2024 03:24 PM

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,868 sqft

Price per Sqft $203

MLS Listing ID 73302438

Bedrooms 6

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.

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

Total Parking Spaces 8

Garage No

Building

Story 8

Foundation Concrete Perimeter, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Four Points Real Estate, LLC

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Joyce Murphy

+1(781) 771-5146

Agent | License ID: 99886

Agent License ID: 99886

94 Central St Leominster, MA 01453

Joyce Murphy

Joyce Murphy

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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94 Central St