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29-31 Cotton St, Leominster MA 01453

$749,000

Estimated $1,888/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $249,666.67

Total Rent: 70200/year

Estimated CAP Rate:

7 Bedrooms

Baths

3288

Total Parking: 10

13,816 (0.32)

$749,000 — For Sale By Owner | 29–31 Cotton St, Leominster | 3-Unit Multi-Family | 10 Parking Spaces rare value-add investment opportunity in Leominster's RC zoning district. Two spacious 3-bedroom townhouse-style units with private entrances plus a 1-bedroom upper unit — all with separate utilities. The walk-up attic offers significant untapped potential with open space to expand the 1-bedroom unit into additional bedrooms, subject to the buyer's due diligence. Property may qualify for a detached ADU, which could meaningfully boost rental income — contact the municipality for zoning details. Electrical service has room for improvement, giving a savvy buyer immediate equity. Generous backyard, two farmer-style porches, deck, storage shed, and 10 parking spaces. Public sewer and water. Steps from downtown Leominster, schools, and transit with direct access to Routes 2 and 12 — an easy commute to Worcester and Boston.

This home has been viewed 12 times

Last Checked: June 6th, 2026 at 7:23pm (Source: MLS PIN #73531095)

Gross Income: $70,200

Gross Expenses: $8,077

Net Income Calc: $62,123

Water Views

Annual Expenses for 29-31 Cotton St, Leominster MA 01453

Total Gross Expenses (Calculated)$8,077/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8077

Annual Income & Unit Breakdown for 29-31 Cotton St, Leominster MA 01453

Total Gross Income (Calculated)$70,200

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 29-31 Cotton St, Leominster MA 01453

Listing ID73531095

Property TypeMulti Family / 3 Family

Price749000 ($227.8/SqFt)

Style3 Family

CityLeominster

CountyWorcester

MLS AreaNorth Leominster

Neighborhood(s)

Approximate Living Area Total3288

Approximate Lot Size (Acres)0.32

Total Parking10

Garage Parking0

Year Built1901

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

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 29-31 Cotton St, Leominster MA 01453

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsOne Of The Dryers Is Owned By The Tenant.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

For Sale By OwnerEntry Only

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 29-31 Cotton St, Leominster MA 01453

Real Estate Taxes8077

Tax Year2026

Assessed Value$591,300

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 29-31 Cotton St, Leominster MA 01453

Neighborhood(s)

MLS AreaNorth Leominster

Area AmenitiesWalk/jog Trails

Contact Information for 29-31 Cotton St, Leominster MA 01453

Agent

Name: Edward Perez

Office

Name: Edward Perez

Phone: 603-498-4402

Payment Calculator

, Interest

Property Taxes 673.08

Principal & Interest 4615.1

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Edward Perez

Agent Phone

Office Phone

(603) 498-4402

Text Agent Call Agent Call Office

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EXIT

7 More Photos

Active

29-31 Cotton St, Leominster MA 01453

$749,000

Annual Expenses for 29-31 Cotton St, Leominster MA 01453

Annual Income & Unit Breakdown for 29-31 Cotton St, Leominster MA 01453

General Information for 29-31 Cotton St, Leominster MA 01453

Disclosures for 29-31 Cotton St, Leominster MA 01453

Financial Information for 29-31 Cotton St, Leominster MA 01453

Location Information for 29-31 Cotton St, Leominster MA 01453

Contact Information for 29-31 Cotton St, Leominster MA 01453

Agent

Office

Payment Calculator

Exclusive Listing Agent

Edward Perez

Edward Perez