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Closed

706 Lancaster, Leominster MA 01453

$525,000

Estimated $1,312.46/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $262,500

Total Rent: 0/year

Estimated CAP Rate: -1.05%

6 Bedrooms

3 Full Baths

2,517 SqFt

Total Parking: 4

12,791 SqFt

Exceptional two family in great condition! The entire house has been renovated inside and out. This home offers over 2,500 square feet with 3 bedrooms in each unit. Recent updates include vinyl siding, all new replacement windows, updated kitchens and bathrooms, 2 gas furnaces and central air conditioning units, interior and exterior doors, as well as hot water tanks. Custom fixtures and barn doors add character to this home. Both units have serval windows which bring in natural light. Unit 1 offers a walk out basement to a spacious patio and enclosed privacy fenced in yard. Each unit has washer and dryer hook ups. This is the multi you have been waiting for! Both floors will be delivered vacant. Quick close available! Showings begin at open house Sat April 15th 11am-1pm.

This home has been viewed 42 times

Last Checked: May 7th, 2024 at 3:50am (Source: MLS PIN #73097680)

Gross Income: $0

Gross Expenses: $5,534

Net Income Calc: $5,534

CAP Rate: -1.05%

Annual Expenses for 706 Lancaster, Leominster MA 01453

Total Gross Expenses (Calculated)$5,534/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,534

Annual Income & Unit Breakdown for 706 Lancaster, Leominster MA 01453

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 706 Lancaster, Leominster MA 01453

Listing ID73097680

Property TypeMulti Family / 2 Family

Price$525,000 ($208.58/SqFt)

Style2 Family - 2 Units Up/down

CityLeominster

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,517 SqFt

Approximate Lot Size (Acres)0.29 acres

Total Parking4

Garage Parking

Year Built1952

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping, Cleared

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 706 Lancaster, 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$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 706 Lancaster, Leominster MA 01453

Real Estate Taxes$5,534

Tax Year2023

Assessed Value$356,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-1.05%

Location Information for 706 Lancaster, Leominster MA 01453

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Public Transportation, T-station, Private School

Contact Information for 706 Lancaster, Leominster MA 01453

Agent

Name: Susan Clark

Office

Name: RE/MAX Advantage 1

Phone: 978-847-0800

Payment Calculator

, Interest

Property Taxes 461.17

Principal & Interest 3234.88

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Advantage 1

Susan Clark

Agent Phone

Office Phone

(978) 847-0800

Text Agent Call Agent Call Office

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                    [modified] => 2024-05-07 03:50:53
                )

[21] => Array
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                    [modified] => 2024-05-07 03:50:53
                )

[22] => Array
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                    [modified] => 2024-05-07 03:50:53
                )

[23] => Array
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                    [modified] => 2024-05-07 03:50:53
                )

[24] => Array
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                    [index] => 25
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                    [modified] => 2024-05-07 03:50:53
                )

[25] => Array
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                    [index] => 26
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:50:53
                )

[26] => Array
                (
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                    [index] => 27
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                    [modified] => 2024-05-07 03:50:53
                )

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                    [modified] => 2024-05-07 03:50:53
                )

[28] => Array
                (
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                    [name] => MLS29.jpg
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                    [index] => 29
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:50:53
                )

[29] => Array
                (
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                    [name] => MLS30.jpg
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                    [index] => 30
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:50:53
                )

[30] => Array
                (
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                    [index] => 31
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:50:53
                )

[31] => Array
                (
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                    [name] => MLS32.jpg
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                    [index] => 32
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:50:53
                )

[32] => Array
                (
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                    [index] => 33
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:50:53
                )

[33] => Array
                (
                    [id] => 7159393
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                    [modified] => 2024-05-07 03:50:53
                )

[34] => Array
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                    [index] => 35
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:50:53
                )

)

)

EXIT