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200 Water, Leominster MA 01453

$425,000

Estimated $1,050.47/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $212,500

Total Rent: 37200/year

Estimated CAP Rate: 7.73%

4 Bedrooms

2 Full Baths

1,304 SqFt

Total Parking: 6

0 SqFt

Freshly updated 2 family in a corner lot in Leominster right across St from the house there is a charming park, couple minutes from historical downtown this home was recently painted inside and out giving a new face to the property, new electrical completed, new basement floor, 1st unit has 2 beds/1bath updated bath , hardwood floors and tile, 2nd unit currently been used as a 2beds it can also be 1 bed with living room and an updated bathroom, This corner lot property offer 6 parking spaces and a generous fenced in backyard. Easy access to 190 and Rt 2.First Showings on Open House 4/1/2023 from 1pm to 2:30pm And Sunday 4/2/2023 from 1pm to 2:30pm.

This home has been viewed 38 times

Last Checked: May 7th, 2024 at 5:26am (Source: MLS PIN #73092808)

Gross Income: $37,200

Gross Expenses: $4,336

Net Income Calc: $32,864

CAP Rate: 7.73%

Annual Expenses for 200 Water, Leominster MA 01453

Total Gross Expenses (Calculated)$4,336/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,336

Annual Income & Unit Breakdown for 200 Water, Leominster MA 01453

Total Gross Income (Calculated)$37,200

Unit 1

Rental Income$1,800

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

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

Unit 2

Rental Income$1,300

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

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

General Information for 200 Water, Leominster MA 01453

Listing ID73092808

Property TypeMulti Family

Price$425,000 ($325.92/SqFt)

StyleMulti Family

CityLeominster

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total1,304 SqFt

Approximate Lot Size (Acres)0

Total Parking6

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone,Other

Accessible Features

Outdoor Space

ZoningRes

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 200 Water, 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$37,200

Total Net Income By Broker$37,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%%

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 200 Water, Leominster MA 01453

Real Estate Taxes$4,336

Tax Year2023

Assessed Value$279,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$37,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$37,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.73%

Location Information for 200 Water, Leominster MA 01453

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Park, Public Transportation, University

Contact Information for 200 Water, Leominster MA 01453

Agent

Name: Renata Paulichi Araujo

Office

Name: RE/MAX Unlimited

Phone: 617-566-0300

Team Members

Payment Calculator

, Interest

Property Taxes 361.33

Principal & Interest 2618.71

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Unlimited

Renata Paulichi Araujo

Agent Phone

Office Phone

(617) 566-0300

Text Agent Call Agent Call Office

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[perc_test] => Array
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[terms] => Array
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                (
                    [id] => 7338960
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73092808&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 05:26:12
                    [modified] => 2024-05-07 05:26:12
                )

[21] => Array
                (
                    [id] => 7338961
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73092808&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 05:26:12
                    [modified] => 2024-05-07 05:26:12
                )

[22] => Array
                (
                    [id] => 7338962
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73092808&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 05:26:12
                    [modified] => 2024-05-07 05:26:12
                )

[23] => Array
                (
                    [id] => 7338963
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73092808&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 05:26:12
                    [modified] => 2024-05-07 05:26:12
                )

)

)

EXIT