***PRICE ADJUSTMENT** Well-maintained 3-family home perfectly situated close to downtown Leominster, the train station, and numerous amenities. Each unit offers a unique blend of comfort and functionality, with the first floor featuring 3 bedrooms, 1 bath, and an eat-in kitchen. The second and third floors boast 2 and 1 bedrooms, respectively, each with 1 bath, and eat-in kitchen. All units have a combined back porch with view of a gorgeous and maintained yard. A huge basement presents endless possibilities for creative investors or owners, while off-street parking for 6 and a large yard provides additional value. With Leominster's rental market thriving, this property presents an exceptional opportunity for both experienced investors and first-time buyers.
This home has been viewed 24 times
Last Checked: December 5th, 2025 at 5:53am (Source: MLS PIN #73444211)
Gross Income: $53,400
Gross Expenses: $6,530
Net Income Calc: $46,870
CAP Rate: 7.88%
Annual Expenses for 302 Pleasant St, Leominster MA 01453
Total Gross Expenses (Calculated)$6,530/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,530
Annual Income & Unit Breakdown for 302 Pleasant St, Leominster MA 01453
Total Gross Income (Calculated)$53,400
Unit 1
Rental Income$2,000
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,350
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,100
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 302 Pleasant St, Leominster MA 01453
Listing ID73444211
Property TypeMulti Family / 3 Family
Price$595,000 ($256.24/SqFt)
Style3 Family
CityLeominster
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,322 SqFt
Approximate Lot Size (Acres)0.34 acres
Total Parking6
Garage Parking
Year Built1880
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter,Brick/Mortar
Accessible Features
Outdoor SpaceEnclosed
ZoningR
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 302 Pleasant St, 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$53,400
Total Net Income By Broker$53,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 302 Pleasant St, Leominster MA 01453
Real Estate Taxes$6,530
Tax Year2025
Assessed Value$465,400
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$53,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$53,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.88%
Location Information for 302 Pleasant St, Leominster MA 01453
Elementary SchoolFall Brook Elementary
Middle SchoolSamoset School
High SchoolLeominster Senior High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Public Transportation, T-station
Contact Information for 302 Pleasant St, Leominster MA 01453