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29-31 Cotton, Leominster MA 01453

$745,999

Estimated $1,747.21/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $248,666.33

Total Rent: 71400/year

Estimated CAP Rate: 8.71%

7 Bedrooms

3 Full Baths

7,212 SqFt

Total Parking: 9

13,816 SqFt

Well-maintained 3-unit property in a quiet Leominster neighborhood—ideal for investors or owner-occupants. Features two 3-bedroom townhouse-style units with private entrances and separate utilities, plus a 1-bedroom unit on the second floor. All units have valid de-lead certificates. Exterior highlights include two farmer’s porches, a large deck, a walk-up attic, a backyard, a storage shed, and off-street parking for 8 vehicles. Landlord’s electric meter in place. Convenient to downtown, schools, shopping, public transit, and Routes 2 & 12. Strong rental income potential.

This home has been viewed 49 times

Last Checked: September 10th, 2025 at 4:29am (Source: MLS PIN #73375123)

Gross Income: $71,400

Gross Expenses: $6,451

Net Income Calc: $64,949

CAP Rate: 8.71%

Annual Expenses for 29-31 Cotton, Leominster MA 01453

Total Gross Expenses (Calculated)$6,451/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,451

Annual Income & Unit Breakdown for 29-31 Cotton, Leominster MA 01453

Total Gross Income (Calculated)$71,400

Unit 1

Rental Income$2,300

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

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

Unit 2

Rental Income$2,300

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

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

Unit 3

Rental Income$1,350

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

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

General Information for 29-31 Cotton, Leominster MA 01453

Listing ID73375123

Property TypeMulti Family / 3 Family

Price$745,999 ($103.44/SqFt)

Style3 Family - 3 Units Side By Side

CityLeominster

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total7,212 SqFt

Approximate Lot Size (Acres)0.32 acres

Total Parking9

Garage Parking

Year Built1901

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningRC

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 29-31 Cotton, Leominster MA 01453

Lead Paint

UFFIUnknown

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$36,000

Total Net Income By Broker$36,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 29-31 Cotton, Leominster MA 01453

Real Estate Taxes$6,451

Tax Year2024

Assessed Value$444,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$36,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$36,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.71%

Location Information for 29-31 Cotton, Leominster MA 01453

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 29-31 Cotton, Leominster MA 01453

Agent

Name: Edward Perez

Office

Name: Edward Perez

Phone: 603-498-4402

Team Members

Name: Nico Perez

Phone: 978-902-4457

Payment Calculator

, Interest

Property Taxes 537.58

Principal & Interest 4596.61

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Edward Perez

Agent Phone

Office Phone

(603) 498-4402

Text Agent Call Agent Call Office

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    [description] => Well-maintained 3-unit property in a quiet Leominster neighborhood—ideal for investors or owner-occupants. Features two 3-bedroom townhouse-style units with private entrances and separate utilities, plus a 1-bedroom unit on the second floor. All units have valid de-lead certificates. Exterior highlights include two farmer’s porches, a large deck, a walk-up attic, a backyard, a storage shed, and off-street parking for 8 vehicles. Landlord’s electric meter in place. Convenient to downtown, schools, shopping, public transit, and Routes 2 & 12. Strong rental income potential.
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[high_school] => 
    [horse_features] => Array
        (
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[horse_permitted] => No
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        (
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[id] => 626976
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[last_month_required] => Array
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[lead_paint] => Array
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[net_income_calc] => 64949
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[number_of_lots] => Array
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    [office] => Array
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            [name] => Edward Perez
            [phone] => 603-498-4402
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[operating_expense] => Array
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[optional_fee_includes] => Array
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[optional_price] => 0
    [outdoor_space_available] => Array
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[owner_occupancy_source] => 
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        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 603-498-4402
    [pool_features] => Array
        (
        )

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    [price_per_sqft] => 103.44
    [price_per_unit] => 248666.33333333
    [private_pool] => No
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[real_estate_tax] => $6,451
    [references_required] => Array
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[rent_includes] => Array
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            [1] => Unit 3(water)
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
        (
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[roof_material] => Array
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[rooms] => 15
    [senior_community] => No
    [sewer] => Array
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[sewer_expense] => Array
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[short_sale] => 
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[state] => Massachusetts
    [state_code] => MA
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[street_number] => 29-31
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        (
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[style] => Array
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[subagent_compensation] => 
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    [tag_loft] => 
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                    [state] => MA
                    [zip] => 01832
                    [office] => AN3469
                    [national_association] => 452019160
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)

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
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    [total_gross_income] => 71400
    [total_parking] => 9
    [trash_expense] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 1 Full
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    [unit_1_floor] => 1
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[unit_1_levels] => 1
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[unit_2_levels] => 1
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[unit_3_bathrooms] => 1 Full
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[unit_3_levels] => 1
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[unit_4_bathrooms] => 
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        )

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[water] => Array
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[water_expense] => Array
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[water_views] => Array
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[water_views_features] => Array
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[waterfront] => No
    [waterfront_features] => Array
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        )

[year_built] => 1901
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01453
    [zoning] => RC
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EXIT

Withdrawn

29-31 Cotton, Leominster MA 01453

$745,999

Annual Expenses for 29-31 Cotton, Leominster MA 01453

Annual Income & Unit Breakdown for 29-31 Cotton, Leominster MA 01453

General Information for 29-31 Cotton, Leominster MA 01453

Disclosures for 29-31 Cotton, Leominster MA 01453

Financial Information for 29-31 Cotton, Leominster MA 01453

Location Information for 29-31 Cotton, Leominster MA 01453

Contact Information for 29-31 Cotton, Leominster MA 01453

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Edward Perez

Edward Perez