Exceptional opportunity for investors or owner-occupants! Renovated three-family home offers the perfect chance to live in one unit while generating rental income from the other two. Unit #14 is a spacious two-story residence featuring a bright living room, large kitchen, formal dining room, and an enclosed porch that serves as a laundry area, home office, and convenient half bath. The second floor offers 3-4 bedrooms and a full bathroom, plus a walk-up attic with a large unfinished space ready for storage. The right side of the property includes 2 additional apartments. Unit 16A features a large eat-in kitchen, comfortable living room, one bedroom, full bath, basement access, and a covered porch. Unit 16B offers a spacious eat-in kitchen with access to a covered porch, living room, 1-2 bedroom, full bath, and a finished walk-up attic. Situated in a convenient location close to the commuter rail, major highways, shopping, and restaurants, this property also offers ample off-street parking and a private backyard overlooking Doyle Field. Huge back yard with lots parking & Central AC. slate roof
This home has been viewed 13 times
Last Checked: August 6th, 2026 at 7:58pm (Source: MLS PIN #73559816)
Gross Income: $84,000
Gross Expenses: $7,076
Net Income Calc: $76,924
Annual Expenses for 14-16 Grand St, Leominster MA 01453
Total Gross Expenses (Calculated)$7,076/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7076
Annual Income & Unit Breakdown for 14-16 Grand St, Leominster MA 01453
Total Gross Income (Calculated)$84,000
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 14-16 Grand St, Leominster MA 01453
Listing ID73559816
Property TypeMulti Family / 3 Family
Price749000 ($282/SqFt)
Style3 Family
CityLeominster
CountyWorcester
Neighborhood(s)
Approximate Living Area Total2656
Approximate Lot Size (Acres)0.21
Total Parking6
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual,Approximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRB
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 14-16 Grand St, Leominster MA 01453
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher / Dryer
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 14-16 Grand St, Leominster MA 01453
Real Estate Taxes7076
Tax Year2026
Assessed Value$518,000
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 14-16 Grand St, Leominster MA 01453
Neighborhood(s)
Area Amenities
Contact Information for 14-16 Grand St, Leominster MA 01453