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42-44 Summer Street, Leominster MA 01453

Active

42-44 Summer Street, Leominster MA 01453

$1,079,000

Estimated $1,758/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $179,833.33

Total Rent: 61500/year

Estimated CAP Rate:

11 Bedrooms

Baths

5406

Total Parking: 0

10,019 (0.23)

We are proud to present the exclusive opportunity to acquire 42-44 Summer Street in Leominster, MA. This 6-unit multifamily asset offers a diverse unit mix of one, two and three-bedroom apartments, with the majority of units having been previously upgraded or fully renovated. The property includes at least one dedicated parking space per unit - a meaningful amenity in the Central Massachusetts market - and presents a compelling blend of stabilized, in-place income with a clear defined value-add path through the renovation of the property's one remaining unrenovated unit.

This home has been viewed 5 times

Last Checked: May 27th, 2026 at 8:03am (Source: MLS PIN #73488442)

Gross Income: $61,500

Gross Expenses: $99

Net Income Calc: $61,401

Annual Expenses for 42-44 Summer Street, Leominster MA 01453

Total Gross Expenses (Calculated)$99/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax99

Annual Income & Unit Breakdown for 42-44 Summer Street, Leominster MA 01453

Total Gross Income (Calculated)$61,500

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 42-44 Summer Street, Leominster MA 01453

Listing ID73488442

Property TypeMulti Family / 5+ Family

Price1079000 ($199.59/SqFt)

Style5-9 Family

CityLeominster

CountyWorcester

Neighborhood(s)

Approximate Living Area Total5406

Approximate Lot Size (Acres)0.23

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoning99

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 42-44 Summer Street, Leominster MA 01453

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSome Of The Sellers' Personal Items Are Not Included In The Sale.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 42-44 Summer Street, Leominster MA 01453

Real Estate Taxes99

Tax Year99

Assessed Value$99

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 42-44 Summer Street, Leominster MA 01453

Neighborhood(s)

Area Amenities

Contact Information for 42-44 Summer Street, Leominster MA 01453

Agent

Name: Kevin Benzinger

Office

Name: Boston Realty Advisors

Phone: 617-375-7900

Team Members

Payment Calculator

, Interest

Property Taxes 8.25

Principal & Interest 6648.45

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Boston Realty Advisors

Kevin Benzinger

Agent Phone

Office Phone

(617) 375-7900

Text Agent Call Agent Call Office

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EXIT

7 More Photos

Active

42-44 Summer Street, Leominster MA 01453

$1,079,000

Annual Expenses for 42-44 Summer Street, Leominster MA 01453

Annual Income & Unit Breakdown for 42-44 Summer Street, Leominster MA 01453

General Information for 42-44 Summer Street, Leominster MA 01453

Disclosures for 42-44 Summer Street, Leominster MA 01453

Financial Information for 42-44 Summer Street, Leominster MA 01453

Location Information for 42-44 Summer Street, Leominster MA 01453

Contact Information for 42-44 Summer Street, Leominster MA 01453

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Boston Realty Advisors

Kevin Benzinger