Discover an exceptional opportunity at 86-88 Cottage St. This multi-family property, built in 1890, offers a generous 6171 square feet of living space, presenting ready-to-move-in, remodeled units, each tastefully redone . The kitchen is thoughtfully appointed with updated appliances providing a functional and appealing space. With 14 bedrooms and 4 full bathrooms spread across 3 stories, this property offers significant versatility and space. Additional features include a dedicated laundry room and a welcoming porch in each unit, enhancing the living experience. Plenty of parking for everyone and guests. This property represents a compelling proposition for those seeking a substantial and adaptable living arrangement. Close to Barrett Park, Downtown, Restaurants, YMCA, Mart Transits, Laundry and More! If you're looking for an investment that won't take you time fixing up, this is your perfect Building!
This home has been viewed 15 times
Last Checked: May 2nd, 2026 at 8:53am (Source: MLS PIN #73511232)
Gross Income: $115,200
Gross Expenses: $10,029
Net Income Calc: $105,171
Water Views
Annual Expenses for 86-88 Cottage St, Leominster MA 01453
Total Gross Expenses (Calculated)$10,029/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10029
Annual Income & Unit Breakdown for 86-88 Cottage St, Leominster MA 01453
Total Gross Income (Calculated)$115,200
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms5
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseY
Bedrooms5
Bathrooms1 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 86-88 Cottage St, Leominster MA 01453
Listing ID73511232
Property TypeMulti Family / 4 Family
Price1200000 ($194.46/SqFt)
Style4 Family
CityLeominster
CountyWorcester
Neighborhood(s)
Approximate Living Area Total6171
Approximate Lot Size (Acres)0.53
Total Parking12
Garage Parking0
Year Built1890
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRC
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 86-88 Cottage St, Leominster MA 01453
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
ExclusionsRecording Devices
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 86-88 Cottage St, Leominster MA 01453
Real Estate Taxes10029
Tax Year2026
Assessed Value$734,200
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 86-88 Cottage St, Leominster MA 01453
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 86-88 Cottage St, Leominster MA 01453