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113 Spruce St, Leominster MA 01453

$937,500

Estimated $2,320/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $156,250

Total Rent: 75000/year

Estimated CAP Rate:

9 Bedrooms

Baths

4917

Total Parking: 8 (1 Garage)

6,970 (0.16)

113 Spruce Street in Leominster, Massachusetts — a six-unit multifamily asset consisting of three one-bedroom units and three two-bedroom units. The property provides off-street parking for every unit, along with an on-site laundry room. Situated on a corner lot at Spruce St and Wells Court in Leominster's French Hill neighborhood, the property overlooks Mechanic Street Park. Tenants benefit from excellent connectivity and proximity to major demand drivers: the MBTA Fitchburg Line is just a five minute drive (1.7 miles), providing commuter rail access to Boston; UMass Memorial Health Leominster is also a five minute drive away (1.7 miles); downtown Leominster is a short half-mile from the property; and the Mall at Whitney Field, home to national retailers, is also a five minute drive away (1.2 miles). This asset delivers day-one cash flow with no near-term capital expenditure requirements.

This home has been viewed 5 times

Last Checked: June 2nd, 2026 at 4:29am (Source: MLS PIN #73499966)

Gross Income: $75,000

Gross Expenses: $9,604

Net Income Calc: $65,396

Water Views

Annual Expenses for 113 Spruce St, Leominster MA 01453

Total Gross Expenses (Calculated)$9,604/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9604

Annual Income & Unit Breakdown for 113 Spruce St, Leominster MA 01453

Total Gross Income (Calculated)$75,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 113 Spruce St, Leominster MA 01453

Listing ID73499966

Property TypeMulti Family / 5+ Family

Price937500 ($190.67/SqFt)

Style5-9 Family

CityLeominster

CountyWorcester

Neighborhood(s)

Approximate Living Area Total4917

Approximate Lot Size (Acres)0.16

Total Parking8 (1 Garage)

Garage Parking1

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRC

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 113 Spruce St, Leominster MA 01453

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBasement Projector

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 113 Spruce St, Leominster MA 01453

Real Estate Taxes9604

Tax Year2025

Assessed Value$618,300

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 113 Spruce St, Leominster MA 01453

Neighborhood(s)

Area Amenities

Contact Information for 113 Spruce St, Leominster MA 01453

Agent

Name: Connor Smith

Office

Name: Marcus & Millichap Real Estate Investment Services

Phone: 617-896-7200

Team Members

Payment Calculator

, Interest

Property Taxes 800.33

Principal & Interest 5776.58

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Marcus & Millichap Real Estate Investment Services

Connor Smith

Agent Phone

Office Phone

(617) 896-7200

Text Agent Call Agent Call Office

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EXIT

16 More Photos

Withdrawn

113 Spruce St, Leominster MA 01453

$937,500

Annual Expenses for 113 Spruce St, Leominster MA 01453

Annual Income & Unit Breakdown for 113 Spruce St, Leominster MA 01453

General Information for 113 Spruce St, Leominster MA 01453

Disclosures for 113 Spruce St, Leominster MA 01453

Financial Information for 113 Spruce St, Leominster MA 01453

Location Information for 113 Spruce St, Leominster MA 01453

Contact Information for 113 Spruce St, Leominster MA 01453

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Marcus & Millichap Real Estate Investment Services

Connor Smith