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8 Franklin Street, Leominster MA 01453

$365,000

Estimated $1,044.60/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $182,500

Total Rent: 11100/year

Estimated CAP Rate: 1.55%

4 Bedrooms

2 Full Baths

2,286 SqFt

Total Parking: 9 (1 Garage)

8,944 SqFt

Here is your opportunity to own this well maintained 4 bed, 2 bath 2 family home in Leominster! Unit 1 offers a large dine in kitchen, living room, family room, mudroom, 3 season porch, a primary bedroom with dressing room, a full bath and 2 additional bedrooms upstairs. The second unit is on level 2 and provides a living room, kitchen, 3 season porch, a bedroom and full bath. Plenty of off street parking, 1 car garage with side entry and storage. Convenient location – close to many stores, restaurants, highway and more. OFFER DEADLINE - 5/15 @6:00 PM - have offer good until Tuesday morning.

This home has been viewed 47 times

Last Checked: May 7th, 2024 at 7:45am (Source: MLS PIN #73110720)

Gross Income: $11,100

Gross Expenses: $5,433

Net Income Calc: $5,667

CAP Rate: 1.55%

Annual Expenses for 8 Franklin Street, Leominster MA 01453

Total Gross Expenses (Calculated)$5,433/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,433

Annual Income & Unit Breakdown for 8 Franklin Street, Leominster MA 01453

Total Gross Income (Calculated)$11,100

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesElectric, Gas, Hot Water), Unit 2(heat

Unit 2

Rental Income$925

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesElectric, Gas, Hot Water), Unit 2(heat

General Information for 8 Franklin Street, Leominster MA 01453

Listing ID73110720

Property TypeMulti Family

Price$365,000 ($159.67/SqFt)

StyleMulti Family

CityLeominster

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,286 SqFt

Approximate Lot Size (Acres)0.21 acres

Total Parking9 (1 Garage)

Garage Parking1 / Detached

Year Built1919

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Easements, Cleared

Foundation Area0

Foundation DescriptionBlock,Stone

Accessible Features

Outdoor Space

ZoningR

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 8 Franklin Street, 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$11,100

Total Net Income By Broker$11,100

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 8 Franklin Street, Leominster MA 01453

Real Estate Taxes$5,433

Tax Year2023

Assessed Value$349,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$11,100

BostonRealEstate.com Gross Income

Total Net Income By Broker$11,100

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.55%

Location Information for 8 Franklin Street, Leominster MA 01453

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Public School, Shopping, Park, Laundromat, Bike Path, Public Transportation

Contact Information for 8 Franklin Street, Leominster MA 01453

Agent

Name: Cyndi Deshaies

Office

Name: Lamacchia Realty, Inc.

Phone: 978-534-3400

Payment Calculator

, Interest

Property Taxes 452.75

Principal & Interest 2249.01

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

Cyndi Deshaies

Agent Phone

Office Phone

(978) 534-3400

Text Agent Call Agent Call Office

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                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 07:46:04
                    [modified] => 2024-05-07 07:46:04
                )

[21] => Array
                (
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                    [modified] => 2024-05-07 07:46:04
                )

[22] => Array
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                    [modified] => 2024-05-07 07:46:04
                )

[23] => Array
                (
                    [id] => 7610643
                    [name] => MLS24.jpg
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                    [index] => 24
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                    [modified] => 2024-05-07 07:46:04
                )

[24] => Array
                (
                    [id] => 7610644
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                    [index] => 25
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:46:04
                )

[25] => Array
                (
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                    [name] => MLS26.jpg
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                    [index] => 26
                    [enabled] => 1
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                    [modified] => 2024-05-07 07:46:04
                )

[26] => Array
                (
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                    [name] => MLS27.jpg
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                    [index] => 27
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                    [modified] => 2024-05-07 07:46:04
                )

[27] => Array
                (
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                    [modified] => 2024-05-07 07:46:04
                )

[28] => Array
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                )

[29] => Array
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                    [modified] => 2024-05-07 07:46:04
                )

)

)

EXIT