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131 Fifth Street, Leominster MA 01453

$899,900

Estimated $2,174.68/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $224,975

Total Rent: 122400/year

Estimated CAP Rate: 12.65%

11 Bedrooms

4 Full, 1 Half Baths

4,176 SqFt

Total Parking: 8

7,828 SqFt

HUGE 4 Unit with 4-3-2-2 bedrooms that has been beautifully upgraded during home ownership. ALL units have separate utilities & heat.Common landlord panel! All kitchens vary by unit & have been upgraded with new cabinets, countertops, glass back splash, flooring & appliances! All bathrooms have been upgraded- marble flooring! New flooring varies per unit. Lovely hardwood flooring! 1st unit, 2nd unit & common area have lead letters of compliance!The units are large & open concept! Sunny living rooms & dining! Each unit have enclosed porches! The 2nd unit with 4 bedrooms has a 1/2 & full bath.New Rubber roof in 2020! Seller installed new four (4) Buderus Gas furnaces during ownership. 4 HW electric tanks.Plenty of off-street parking & yard! This property is a rare find for the Investor for a 1st, add to your portfolio or perfect for owner occupied and have the rents pay the mortgage!This property will Ca$h flow!! Close to major highways,shopping, minutes to downtown & the "T"

This home has been viewed 4 times

Last Checked: February 13th, 2026 at 7:28pm (Source: MLS PIN #73477037)

Gross Income: $122,400

Gross Expenses: $8,586

Net Income Calc: $113,814

CAP Rate: 12.65%

Annual Expenses for 131 Fifth Street, Leominster MA 01453

Total Gross Expenses (Calculated)$8,586/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,586

Annual Income & Unit Breakdown for 131 Fifth Street, Leominster MA 01453

Total Gross Income (Calculated)$122,400

Unit 1

Rental Income$2,800

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$3,000

LeaseN

Bedrooms4

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$2,200

Lease

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$2,200

Lease

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 131 Fifth Street, Leominster MA 01453

Listing ID73477037

Property TypeMulti Family / 4 Family

Price$899,900 ($215.49/SqFt)

Style4 Family - 4 Units Up/down

CityLeominster

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,176 SqFt

Approximate Lot Size (Acres)0.18 acres

Total Parking8

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor SpaceEnclosed

ZoningRES

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows

Terms

Disclosures for 131 Fifth Street, 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$129,600

Total Net Income By Broker$129,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 131 Fifth Street, Leominster MA 01453

Real Estate Taxes$8,586

Tax Year2025

Assessed Value

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$129,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$129,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)12.65%

Location Information for 131 Fifth Street, Leominster MA 01453

Elementary SchoolFrances Drake

Middle SchoolPriest Street

High SchoolLeominster

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s)

Contact Information for 131 Fifth Street, Leominster MA 01453

Agent

Name: Kelle O'Keefe

Office

Name: Keller Williams Realty North Central

Phone: 978-840-9000

Payment Calculator

, Interest

Property Taxes 715.5

Principal & Interest 5544.9

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty North Central

Kelle O'Keefe

Agent Phone

Office Phone

(978) 840-9000

Text Agent Call Agent Call Office

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EXIT

Active

131 Fifth Street, Leominster MA 01453

$899,900

Annual Expenses for 131 Fifth Street, Leominster MA 01453

Annual Income & Unit Breakdown for 131 Fifth Street, Leominster MA 01453

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Financial Information for 131 Fifth Street, Leominster MA 01453

Location Information for 131 Fifth Street, Leominster MA 01453

Contact Information for 131 Fifth Street, Leominster MA 01453

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Keller Williams Realty North Central

Kelle O'Keefe