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45 Laurel St, Leominster MA 01453

$875,000

Estimated $2,199/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $145,833.33

Total Rent: 72000/year

Estimated CAP Rate:

9 Bedrooms

Baths

5166

Total Parking: 12

13,291 (0.31)

Well-maintained 6-family property in a great location, offering a strong investment opportunity. The building features a desirable mix of three large 2-bedroom units and three 1-bedroom units, giving it broad rental appeal. Set on a corner lot, there’s plenty of off-street parking along with convenient access to the highway for easy commuting. The property has quiet, long-term tenants in place, providing steady income with room to grow. It’s been well cared for and generates solid cash flow, while still coming with additional upside through future rent increases. Overall, a turnkey investment with a nice balance of stability and value-add potential.

This home has been viewed 13 times

Last Checked: September 26th, 2026 at 5:33am (Source: MLS PIN #73502250)

Gross Income: $72,000

Gross Expenses: $29,297

Net Income Calc: $42,703

Annual Expenses for 45 Laurel St, Leominster MA 01453

Total Gross Expenses (Calculated)$29,297/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9357

Annual Income & Unit Breakdown for 45 Laurel St, Leominster MA 01453

Total Gross Income (Calculated)$72,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 45 Laurel St, Leominster MA 01453

Listing ID73502250

Property TypeMulti Family / 5+ Family

Price875000 ($169.38/SqFt)

Style5-9 Family

CityLeominster

CountyWorcester

Neighborhood(s)

Approximate Living Area Total5166

Approximate Lot Size (Acres)0.31

Total Parking12

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoningunknwn

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 45 Laurel St, Leominster MA 01453

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.

Financial Data SourceEstimated

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 45 Laurel St, Leominster MA 01453

Real Estate Taxes9357

Tax Year2025

Assessed Value$666,900

Financial Data SourceEstimated

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 45 Laurel St, Leominster MA 01453

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 45 Laurel St, Leominster MA 01453

Agent

Name: Patrick Hermans

Office

Name: J. Borstell Real Estate, Inc.

Phone: 978-502-8045

Payment Calculator

, Interest

Property Taxes 779.75

Principal & Interest 5391.47

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

J. Borstell Real Estate, Inc.

Patrick Hermans

Agent Phone

Office Phone

(978) 502-8045

Text Agent Call Agent Call Office

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EXIT

12 More Photos

Active

45 Laurel St, Leominster MA 01453

$875,000

Annual Expenses for 45 Laurel St, Leominster MA 01453

Annual Income & Unit Breakdown for 45 Laurel St, Leominster MA 01453

General Information for 45 Laurel St, Leominster MA 01453

Disclosures for 45 Laurel St, Leominster MA 01453

Financial Information for 45 Laurel St, Leominster MA 01453

Location Information for 45 Laurel St, Leominster MA 01453

Contact Information for 45 Laurel St, Leominster MA 01453

Agent

Office

Payment Calculator

Exclusive Listing Agent

J. Borstell Real Estate, Inc.

Patrick Hermans