Multi Family Victorian Home in a very desirable neighborhood. Perfect as investment property or owner occupied. First floor unit boasts crown molding, period trim in the large living room, dining room, kitchen with adjacent pantry with custom built-ins, bedroom and full bath with high ceilings basking in natural light. Separate driveway for each unit, two car garage and nice back yard top this gracious home off. Garage is in as is condition. One furnace for both units. Roof done in 2022. FIrst floor to be delivered vacant.
This home has been viewed 23 times
Last Checked: May 7th, 2024 at 5:26am (Source: MLS PIN #73024651)
Gross Income: $19,200
Gross Expenses: $5,814
Net Income Calc: $13,386
CAP Rate: 2.91%
Annual Expenses for 59 Grove Ave, Leominster MA 01453
Total Gross Expenses (Calculated)$5,814/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,814
Annual Income & Unit Breakdown for 59 Grove Ave, Leominster MA 01453
Total Gross Income (Calculated)$19,200
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$1,600
LeaseY
Bedrooms4
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingYes
Rent Includes
General Information for 59 Grove Ave, Leominster MA 01453
Listing ID73024651
Property TypeMulti Family
Price$459,900 ($137.94/SqFt)
StyleMulti Family
CityLeominster
CountyWorcester
MLS AreaWest Leominster
Neighborhood(s)
Approximate Living Area Total3,334 SqFt
Approximate Lot Size (Acres)0.32 acres
Total Parking8 (2 Garage)
Garage Parking2 / Detached
Year Built1885
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesZero Lot Line
Foundation Area
Foundation DescriptionStone,Granite
Accessible Features
Outdoor Space
ZoningRes
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 59 Grove Ave, Leominster MA 01453
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureAdditional space on 3rd floor and basement.
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$19,200
Total Net Income By Broker$19,200
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 59 Grove Ave, Leominster MA 01453
Real Estate Taxes$5,814
Tax Year2022
Assessed Value$351,100
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$19,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$19,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)2.91%
Location Information for 59 Grove Ave, Leominster MA 01453
Elementary School
Middle SchoolNorthwest
High SchoolLeominster High
Neighborhood(s)
MLS AreaWest Leominster
Area AmenitiesPublic School, Laundromat, Public Transportation
Contact Information for 59 Grove Ave, Leominster MA 01453