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Active Under Contract

151 Central St, Leominster MA 01453

$530,000

Estimated $1,068/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $265,000

Total Rent: 2280/year

Estimated CAP Rate:

6 Bedrooms

Baths

2305

Total Parking: 7

6,200 (0.14)

Welcome to a prime real estate opportunity at 151 Central St, Leominster, MA! Perfectly positioned just 0.3 miles from a beautifully renovated downtown, this highly visible, BB-zoned two-family property is arriving completely vacant at closing, offering the ultimate flexibility for its next owner. The property has been decently updated including a new roof and features a spacious layout that is an absolute dream for an owner-occupant looking to live comfortably in one unit while offsetting their mortgage expenses. The first-floor layout could be rearranged to include a third bedroom. For entrepreneurs and small businesses, the main level provides a high-exposure storefront right by a bustling signaled intersection and the new police station, offering incredible signage potential to capture constant local traffic. With ample parking on-site and full walking access to all the vibrant shops and dining downtown, this versatile building is a rare canvas. Whether you plan to launch your business downstairs and live upstairs, or lease both spaces for top-market rent, this turnkey gem delivers unmatched value, convenience, and financial freedom.

This home has been viewed 16 times

Last Checked: October 28th, 2026 at 8:38am (Source: MLS PIN #73585590)

Gross Income: $2,280

Gross Expenses: $2,505

Net Income Calc: $225

Annual Expenses for 151 Central St, Leominster MA 01453

Total Gross Expenses (Calculated)$2,505/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax2505

Annual Income & Unit Breakdown for 151 Central St, Leominster MA 01453

Total Gross Income (Calculated)$2,280

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 151 Central St, Leominster MA 01453

Listing ID73585590

Property TypeMulti Family / 2 Family

Price530000 ($229.93/SqFt)

Style2 Family - 2 Units Up/down

CityLeominster

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2305

Approximate Lot Size (Acres)0.14

Total Parking7

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningBB

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 151 Central St, Leominster MA 01453

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.

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 151 Central St, Leominster MA 01453

Real Estate Taxes2505

Tax Year2026

Assessed Value$183,400

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 151 Central St, Leominster MA 01453

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 151 Central St, Leominster MA 01453

Agent

Name: John Snyder

Office

Name: Redfin Corp.

Phone: 617-340-7803

Payment Calculator

, Interest

Property Taxes 208.75

Principal & Interest 3265.69

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Redfin Corp.

John Snyder

Agent Phone

Office Phone

(617) 340-7803

Text Agent Call Agent Call Office

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EXIT

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