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113 Spruce, Leominster MA 01453

$877,000

Estimated $2,171/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $146,166.67

Total Rent: 73200/year

Estimated CAP Rate:

9 Bedrooms

Baths

4917

Total Parking: 8 (1 Garage)

7,117 (0.16)

Excellent opportunity to acquire a cash-flowing 6-unit multifamily in Leominster! Currently generating $9,480/month in gross rental income ($113,760 annually) with five units occupied and one newly renovated vacant unit ready for its next tenant. The property offers strong in-place income from day one while leaving room for additional upside through minor cosmetic improvements to the remaining units and common areas. An attractive opportunity for an investor looking for a stabilized multifamily asset without taking on a major renovation project. Convenient location near downtown Leominster, shopping, restaurants and major routes.

This home has been viewed 2 times

Last Checked: September 18th, 2026 at 9:43am (Source: MLS PIN #73578802)

Gross Income: $73,200

Gross Expenses: $8,993

Net Income Calc: $64,207

Water Views

Annual Expenses for 113 Spruce, Leominster MA 01453

Total Gross Expenses (Calculated)$8,993/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8993

Annual Income & Unit Breakdown for 113 Spruce, Leominster MA 01453

Total Gross Income (Calculated)$73,200

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

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

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 113 Spruce, Leominster MA 01453

Listing ID73578802

Property TypeMulti Family / 5+ Family

Price877000 ($178.36/SqFt)

Style5-9 Family

CityLeominster

CountyWorcester

Neighborhood(s)

Approximate Living Area Total4917

Approximate Lot Size (Acres)0.16

Total Parking8 (1 Garage)

Garage Parking1

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

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 113 Spruce, Leominster MA 01453

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher & Dryer Are Negotiable

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 113 Spruce, Leominster MA 01453

Real Estate Taxes8993

Tax Year2025

Assessed Value$686,000

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 113 Spruce, Leominster MA 01453

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 113 Spruce, Leominster MA 01453

Agent

Name: Damon Amato

Office

Name: The Hive Real Estate LLC

Phone: 860-786-2854

Team Members

Payment Calculator

, Interest

Property Taxes 749.42

Principal & Interest 5403.8

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

The Hive Real Estate LLC

Damon Amato

Agent Phone

Office Phone

(860) 786-2854

Text Agent Call Agent Call Office

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    [unparsed] => 113 Spruce, Leominster MA 01453
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EXIT

20 More Photos

Active

113 Spruce, Leominster MA 01453

$877,000

Annual Expenses for 113 Spruce, Leominster MA 01453

Annual Income & Unit Breakdown for 113 Spruce, Leominster MA 01453

General Information for 113 Spruce, Leominster MA 01453

Disclosures for 113 Spruce, Leominster MA 01453

Financial Information for 113 Spruce, Leominster MA 01453

Location Information for 113 Spruce, Leominster MA 01453

Contact Information for 113 Spruce, Leominster MA 01453

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

The Hive Real Estate LLC

Damon Amato