Nestled at 3 Gardner Pl, Leominster, MA, this 5 units multi-family residence presents a unique opportunity to own a substantial property with timeless appeal. The residence, constructed in 1910, offers a glimpse into a bygone era. With a generous 3916 square feet of living area thoughtfully distributed across three stories, the residence provides an abundance of space. Six bedrooms offer flexible options for residents, while five full bathrooms ensure convenience. The property encompasses a 7026 square feet lot area, providing ample outdoor space. This multi-family residence is waiting for a discerning owner to steward it into the future.
This home has been viewed 18 times
Last Checked: December 4th, 2025 at 7:43am (Source: MLS PIN #73450727)
Gross Income: $54,000
Gross Expenses: $8,550
Net Income Calc: $45,450
CAP Rate: 5.69%
Annual Expenses for 3 Gardner Pl, Leominster MA 01453
Total Gross Expenses (Calculated)$8,550/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,550
Annual Income & Unit Breakdown for 3 Gardner Pl, Leominster MA 01453
Total Gross Income (Calculated)$54,000
Unit 1
Rental Income$1,000
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 2
Rental Income$1,150
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 3
Rental Income$1,400
LeaseY
Bedrooms2
Bathrooms1 Full
Floor
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
Unit 4
Rental Income$950
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
General Information for 3 Gardner Pl, Leominster MA 01453
Listing ID73450727
Property TypeMulti Family / 5+ Family
Price$799,000 ($204.03/SqFt)
Style5-9 Family
CityLeominster
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total3,916 SqFt
Approximate Lot Size (Acres)0.16 acres
Total Parking8 (1 Garage)
Garage Parking1 / Detached
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpacePorch
ZoningRES
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 3 Gardner Pl, 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$57,000
Total Net Income By Broker$57,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 3 Gardner Pl, Leominster MA 01453
Real Estate Taxes$8,550
Tax Year2025
Assessed Value$609,400
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$57,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$57,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.69%
Location Information for 3 Gardner Pl, Leominster MA 01453
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Medical Facility, Laundromat, Public Transportation
Contact Information for 3 Gardner Pl, Leominster MA 01453