To all investors looking for a turn key fully rented investment! Nicely renovated 3 family tucked away on a back lot offering 2 bedrooms in each unit. Each unit can be used for 3 bedroom if needed. Separate utilities, washer/dryer on 1st & 3rd floors and hookup on the 2nd floor. Roof & 3 gas boilers approximately 3 years old. and monthly income totaling $3900. Great property for a 1031 exchange or someone looking to start their own portfolio of investments. Great property for a 1031 exchange or someone looking to start their own portfolio of investments.Deadline for all offers Wed Feb 15th by 8PM
This home has been viewed 44 times
Last Checked: May 7th, 2024 at 1:51am (Source: MLS PIN #73078487)
Gross Income: $46,800
Gross Expenses: $5,071
Net Income Calc: $41,729
CAP Rate: 10.43%
Annual Expenses for 29-R Pleasant St, Leominster MA 01453
Total Gross Expenses (Calculated)$5,071/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,071
Annual Income & Unit Breakdown for 29-R Pleasant St, Leominster MA 01453
Total Gross Income (Calculated)$46,800
Unit 1
Rental Income$1,550
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Other (see Remarks)), Unit 2(water, Unit 3(water
Unit 2
Rental Income$1,000
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Other (see Remarks)), Unit 2(water, Unit 3(water
Unit 3
Rental Income$1,350
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Other (see Remarks)), Unit 2(water, Unit 3(water
General Information for 29-R Pleasant St, Leominster MA 01453
Listing ID73078487
Property TypeMulti Family / 3 Family
Price$399,900 ($138.71/SqFt)
Style3 Family
CityLeominster
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,883 SqFt
Approximate Lot Size (Acres)0.05 acres
Total Parking0
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Other
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningResidentia
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 29-R Pleasant St, Leominster MA 01453
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$5,521
Total Gross Income By Broker$46,800
Total Net Income By Broker$46,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 29-R Pleasant St, Leominster MA 01453
Real Estate Taxes$5,071
Tax Year2022
Assessed Value$306,200
Financial Data Source
Total Gross Expenses By Broker$5,521
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$46,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$46,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)10.43%
Location Information for 29-R Pleasant St, Leominster MA 01453
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, Private School, Other
Contact Information for 29-R Pleasant St, Leominster MA 01453