Rare find 6 Family recently renovated in the Heart of Leominster. 5 (1 Bedroom units) and 1 two (2) beds, this turnkey cash cow caps over 7% right now with room for improvement. Rents are below market value and could be significantly increased by the new owner. Most Units ha...
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Last Checked: March 6th, 2025 at 5:19am (Source: MLS PIN #73331385)
Gross Income: $37,200
Gross Expenses: $7,325
Net Income Calc: $29,875
CAP Rate: 2.49%
Annual Expenses for 155 4th St, Leominster MA 01453
Total Gross Expenses (Calculated)$7,325/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,325
Annual Income & Unit Breakdown for 155 4th St, Leominster MA 01453
Total Gross Income (Calculated)$37,200
Unit 1
Rental Income$1,500
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,600
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 155 4th St, Leominster MA 01453
Listing ID73331385
Property TypeMulti Family / 5+ Family
Price$1,199,000 ($261.05/SqFt)
Style5-9 Family
CityLeominster
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total4,593 SqFt
Approximate Lot Size (Acres)0.14 acres
Total Parking7
Garage Parking
Year Built1930
Year Built SourcePublic Records
Year Renovated
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
Zoningm
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 155 4th 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$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 Compensation
Facilitator Compensation1%
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 155 4th St, Leominster MA 01453
Real Estate Taxes$7,325
Tax Year2024
Assessed Value$504,800
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)2.49%
Location Information for 155 4th St, Leominster MA 01453
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 155 4th St, Leominster MA 01453