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 have been tastefully renovated, plumbing and electrical has beeen upgraded and spray foam insulation installed in basement and attic areas for added efficiency! Perfect 1031 candidate!
This home has been viewed 147 times
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
Water Views
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 Tax7325
Annual Income & Unit Breakdown for 155 4th St, Leominster MA 01453
Total Gross Income (Calculated)$37,200
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 155 4th St, Leominster MA 01453
Listing ID73331385
Property TypeMulti Family / 5+ Family
Price1199000 ($261.05/SqFt)
Style5-9 Family
CityLeominster
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4593
Approximate Lot Size (Acres)0.14
Total Parking7
Garage Parking0
Year Built1930
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
Zoningm
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 155 4th St, Leominster MA 01453
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsFlower Boxes On Deck.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Facilitator Compensation1
Compensation Based OnGross/full Sale Price
Financial Information for 155 4th St, Leominster MA 01453
Real Estate Taxes7325
Tax Year2024
Assessed Value$504,800
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 155 4th St, Leominster MA 01453
Neighborhood(s)
Area Amenities
Contact Information for 155 4th St, Leominster MA 01453