Attention Investors - This is a must see, particularly if you're completing a 1031 exchange. Fully leased, Turn-key, 4 unit with many system updates. Separated utilities and ample parking. Cap rate of 6.7%. All units above grade and on leases, 2025 updates: New Forced Air f...
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Last Checked: June 5th, 2025 at 10:28am (Source: MLS PIN #73364160)
Gross Income: $0
Gross Expenses: $6,850
Net Income Calc: $6,850
CAP Rate: -1.10%
Annual Expenses for 50 Summer St, Leominster MA 01453
Total Gross Expenses (Calculated)$6,850/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,850
Annual Income & Unit Breakdown for 50 Summer St, Leominster MA 01453
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 50 Summer St, Leominster MA 01453
Listing ID73364160
Property TypeMulti Family / 4 Family
Price$625,000 ($245.1/SqFt)
Style4 Family
CityLeominster
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,550 SqFt
Approximate Lot Size (Acres)0.25 acres
Total Parking8
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area
Foundation DescriptionBlock,Stone,Brick/Mortar,Irregular
Accessible Features
Outdoor Space
ZoningRes
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 50 Summer St, Leominster MA 01453
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$0
Total Gross Income By Broker$57,900
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 50 Summer St, Leominster MA 01453
Real Estate Taxes$6,850
Tax Year2024
Assessed Value$375,600
Financial Data SourceOwner
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$57,900
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.10%
Location Information for 50 Summer St, Leominster MA 01453
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 50 Summer St, Leominster MA 01453