Opportunity, charm, income potential—and views of Mt. Wachusett! This beautifully updated two-family home offers flexibility for owner-occupants or investors, complete with a large fenced backyard, fruit trees and gardens. Both units feature updated kitchens and convenient in-unit laundry, while the home boasts updated 400-amp electrical service and a roof just 1 year old. The first-floor unit offers a charming 3-season room, deck, mountain views, a farmers sink and rustic barn-door details. Upstairs, the second unit features beautiful wood floors, 2 bedrooms plus a laundry room/office and an incredible rooftop deck with spectacular views of Mt. Wachusett. The HUGE attached two-story unfinished barn offers endless possibilities—finish for additional living space, a studio, workshop, or explore the potential for a third unit. A welcoming farmer's porch and convenient location near the train complete this unique property. Live in one unit and let the other help with the mortgage, or add this versatile property to your investment portfolio!
This home has been viewed 9 times
Last Checked: September 18th, 2026 at 4:38am (Source: MLS PIN #73566586)
Gross Income: $0
Gross Expenses: $7,598
Net Income Calc: $7,598
Water Views
Annual Expenses for 199 Prospect St, Leominster MA 01453
Total Gross Expenses (Calculated)$7,598/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7598
Annual Income & Unit Breakdown for 199 Prospect St, Leominster MA 01453
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 199 Prospect St, Leominster MA 01453
Listing ID73566586
Property TypeMulti Family
Price699900 ($250.5/SqFt)
StyleMulti Family
CityLeominster
CountyWorcester
Neighborhood(s)
Approximate Living Area Total2794
Approximate Lot Size (Acres)0.5
Total Parking6
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRA
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 199 Prospect St, Leominster MA 01453
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings.
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 199 Prospect St, Leominster MA 01453
Real Estate Taxes7598
Tax Year2026
Assessed Value$556,200
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 199 Prospect St, Leominster MA 01453
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 199 Prospect St, Leominster MA 01453