Overview Property Details Payment Calculator Walkability

Canceled

16 Depot Sq, Leominster MA 01453

$744,900

Estimated $2,012.93/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $124,150

Total Rent: 25200/year

Estimated CAP Rate: 2.09%

6 Bedrooms

7 Full Baths

7,140 SqFt

Total Parking: 7

6,945 SqFt

Investor heaven awaits in this exceptional mixed-use property, ideally situated in the heart of thriving downtown Leominster. This rare opportunity features a total of six units—five residential spaces and one commercial space—offering strong income potential and versatility...

This home has been viewed 20 times

Last Checked: May 23rd, 2025 at 4:29am (Source: MLS PIN #73358310)

Gross Income: $25,200

Gross Expenses: $9,661

Net Income Calc: $15,539

CAP Rate: 2.09%

Annual Expenses for 16 Depot Sq, Leominster MA 01453

Total Gross Expenses (Calculated)$9,661/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,661

Annual Income & Unit Breakdown for 16 Depot Sq, Leominster MA 01453

Total Gross Income (Calculated)$25,200

Unit 1

Rental Income$1,050

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,050

LeaseN

Bedrooms1

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 16 Depot Sq, Leominster MA 01453

Listing ID73358310

Property TypeMulti Family

Price$744,900 ($104.33/SqFt)

Style5+ Family - 5+ Units Up/down

CityLeominster

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total7,140 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking7

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

Zoningbusiness

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 16 Depot Sq, 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$25,200

Total Net Income By Broker$25,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 16 Depot Sq, Leominster MA 01453

Real Estate Taxes$9,661

Tax Year2024

Assessed Value$665,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$25,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$25,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.09%

Location Information for 16 Depot Sq, Leominster MA 01453

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation

Contact Information for 16 Depot Sq, Leominster MA 01453

Agent

Name: Kristen Corcoran

MLS ID: CN256154

Office ID: AN6215

National Association ID: 454502883

Address: 4 Monument Square

City: Leominster

State: MA

Zip: 01453

Office

Name: Coldwell Banker Realty - Leominster

MLS Office ID: AN6215

Phone: 978-840-4014

Payment Calculator

$5,394.92 per month

30 Years Fixed, 6.75% Interest

Property Taxes $805.08

Principal & Interest $4,589.84

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Leominster

Kristen Corcoran

Agent Phone

Office Phone

(978) 840-4014

Text Agent Call Agent Call Office

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EXIT

Canceled

16 Depot Sq, Leominster MA 01453

$744,900

Annual Expenses for 16 Depot Sq, Leominster MA 01453

Annual Income & Unit Breakdown for 16 Depot Sq, Leominster MA 01453

General Information for 16 Depot Sq, Leominster MA 01453

Disclosures for 16 Depot Sq, Leominster MA 01453

Financial Information for 16 Depot Sq, Leominster MA 01453

Location Information for 16 Depot Sq, Leominster MA 01453

Contact Information for 16 Depot Sq, Leominster MA 01453

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Exclusive Listing Agent

Coldwell Banker Realty - Leominster

Kristen Corcoran