Overview Property Details Payment Calculator Walkability

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130 Merriam Ave, Leominster MA 01453

$780,000

Estimated $1,835.52/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $195,000

Total Rent: 65700/year

Estimated CAP Rate: 7.54%

7 Bedrooms

4 Full Baths

2,873 SqFt

Total Parking: 6

7,881 SqFt

Great opportunity for an owner occupant or Investor looking for a turn key property. This property has vynyl siding, vynyl replacement windows, recent hot water heaters, and gas furnaces. All tenant utilities are separated. This property has a spacious back yard and plenty o...

This home has been viewed 43 times

Last Checked: April 2nd, 2025 at 4:19am (Source: MLS PIN #73345773)

Gross Income: $65,700

Gross Expenses: $6,849

Net Income Calc: $58,851

CAP Rate: 7.54%

Annual Expenses for 130 Merriam Ave, Leominster MA 01453

Total Gross Expenses (Calculated)$6,849/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,849

Annual Income & Unit Breakdown for 130 Merriam Ave, Leominster MA 01453

Total Gross Income (Calculated)$65,700

Unit 1

Rental Income$1,875

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$1,850

LeaseY

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$1,750

Lease

Bedrooms2

Bathrooms2 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 130 Merriam Ave, Leominster MA 01453

Listing ID73345773

Property TypeMulti Family / 4 Family

Price$780,000 ($271.49/SqFt)

Style4 Family

CityLeominster

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,873 SqFt

Approximate Lot Size (Acres)0.18 acres

Total Parking6

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Brick, Stone

Lot FeaturesGentle Sloping

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

Zoning1110

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows

Terms

Disclosures for 130 Merriam Ave, Leominster MA 01453

Lead Paint

UFFIUnknown

Living Area Includes BasementYes

Living Area DisclosureBuyer and Buyer's agent to do their due diligence

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$0

Total Gross Income By Broker$65,700

Total Net Income By Broker$65,700

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 130 Merriam Ave, Leominster MA 01453

Real Estate Taxes$6,849

Tax Year2024

Assessed Value$472,000

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$65,700

BostonRealEstate.com Gross Income

Total Net Income By Broker$65,700

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.54%

Location Information for 130 Merriam Ave, Leominster MA 01453

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Private School, Sidewalks

Contact Information for 130 Merriam Ave, Leominster MA 01453

Agent

Name: Martin Alcantara

MLS ID: CN210177

Office ID: AN7038

National Association ID: 449590528

Address: 36 Auburn Street

City: Methuen

State: MA

Office

Name: eXp Realty

MLS Office ID: AN7038

Phone: 888-854-7493

Payment Calculator

$5,376.86 per month

30 Years Fixed, 6.75% Interest

Property Taxes $570.75

Principal & Interest $4,806.11

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Martin Alcantara

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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EXIT

Withdrawn

130 Merriam Ave, Leominster MA 01453

$780,000

Annual Expenses for 130 Merriam Ave, Leominster MA 01453

Annual Income & Unit Breakdown for 130 Merriam Ave, Leominster MA 01453

General Information for 130 Merriam Ave, Leominster MA 01453

Disclosures for 130 Merriam Ave, Leominster MA 01453

Financial Information for 130 Merriam Ave, Leominster MA 01453

Location Information for 130 Merriam Ave, Leominster MA 01453

Contact Information for 130 Merriam Ave, Leominster MA 01453

Agent

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Martin Alcantara