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Active

345 West St, Leominster MA 01453

$995,000

Estimated $2,440/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $248,750

Total Rent: 98400/year

Estimated CAP Rate:

8 Bedrooms

Baths

4214

Total Parking: 8

7,725 (0.18)

Investors take notice! Exceptional opportunity to own this beautifully maintained and recently remodeled 4-unit property generating nearly $100,000 in gross annual rental income. Located on a desirable corner lot in a quiet neighborhood, this turnkey multi-family offers long-term tenants, strong rental history, and pride of ownership throughout. Property features separate utilities with tenants paying their own utilities, energy-saving appliances, insulated closed-cell foam roof for improved efficiency, wall A/C units, electric fireplaces, intercom system, separate laundry room in basement, and 8 off-street parking spaces. Numerous updates have been completed, making this an ideal low-maintenance investment opportunity with excellent cash flow potential. Conveniently located near shopping, restaurants, local amenities, and major routes. A rare opportunity to add a solid income-producing asset to your portfolio.

This home has been viewed 14 times

Last Checked: May 18th, 2026 at 4:48am (Source: MLS PIN #73520306)

Gross Income: $98,400

Gross Expenses: $9,921

Net Income Calc: $88,479

Annual Expenses for 345 West St, Leominster MA 01453

Total Gross Expenses (Calculated)$9,921/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9921

Annual Income & Unit Breakdown for 345 West St, Leominster MA 01453

Total Gross Income (Calculated)$98,400

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

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

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 345 West St, Leominster MA 01453

Listing ID73520306

Property TypeMulti Family / 4 Family

Price995000 ($236.12/SqFt)

Style4 Family

CityLeominster

CountyWorcester

Neighborhood(s)

Approximate Living Area Total4214

Approximate Lot Size (Acres)0.18

Total Parking8

Garage Parking0

Year Built1871

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 Space

ZoningRA

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 345 West St, Leominster MA 01453

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBuyers Personal Property

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 345 West St, Leominster MA 01453

Real Estate Taxes9921

Tax Year2026

Assessed Value$726,300

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 345 West St, Leominster MA 01453

Neighborhood(s)

Area Amenities

Contact Information for 345 West St, Leominster MA 01453

Agent

Name: Adriana Nunes

Office

Name: Faith Realty, LLC

Phone: 774-696-9818

Payment Calculator

, Interest

Property Taxes 826.75

Principal & Interest 6130.87

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Faith Realty, LLC

Adriana Nunes

Agent Phone

Office Phone

(774) 696-9818

Text Agent Call Agent Call Office

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    [description] => Investors take notice! Exceptional opportunity to own this beautifully maintained and recently remodeled 4-unit property generating nearly $100,000 in gross annual rental income. Located on a desirable corner lot in a quiet neighborhood, this turnkey multi-family offers long-term tenants, strong rental history, and pride of ownership throughout. Property features separate utilities with tenants paying their own utilities, energy-saving appliances, insulated closed-cell foam roof for improved efficiency, wall A/C units, electric fireplaces, intercom system, separate laundry room in basement, and 8 off-street parking spaces. Numerous updates have been completed, making this an ideal low-maintenance investment opportunity with excellent cash flow potential. Conveniently located near shopping, restaurants, local amenities, and major routes. A rare opportunity to add a solid income-producing asset to your portfolio.
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EXIT

37 More Photos

Active

345 West St, Leominster MA 01453

$995,000

Annual Expenses for 345 West St, Leominster MA 01453

Annual Income & Unit Breakdown for 345 West St, Leominster MA 01453

General Information for 345 West St, Leominster MA 01453

Disclosures for 345 West St, Leominster MA 01453

Financial Information for 345 West St, Leominster MA 01453

Location Information for 345 West St, Leominster MA 01453

Contact Information for 345 West St, Leominster MA 01453

Agent

Office

Payment Calculator

Exclusive Listing Agent

Faith Realty, LLC

Adriana Nunes