Active
67 Days on market
105 Spruce Street Leominster — Photo 1 of 22

105 Spruce Street Leominster — Photo 1 of 22

$799,995

Investment Analysis — 105 Spruce Street

Leominster, MA 01453

Based on rent reported on the MLS listing, a 3-unit multi-family in 01453 carries $4,450/mo in gross rent — about a 4.19% cap rate and $33,541/yr in estimated NOI at the $799,995 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

11

Baths

3

SqFt

3,556

Style

3 Family

Built

1910

Attention investors and owner-occupants!, Low-maintenance multi-family gem in Leominster’s desirable French Hill neighborhood. Overlooking Mechanic Street Park, this unique property features, an updated, large single-family residence boasting a chef's kitchen, dining room & living room, 5 spacious bedrooms, and private laundry. The same lot features two additional light-filled 3-bedroom apartments. These units offer mirrored, spacious floor plans, private balconies, modern updated kitchens and baths, and separate in-unit laundry. All three units have been converted from oil to gas. Utilities are fully separated with individual gas&eletrical meters. Parking for 6+ vehicles. Amazing location w/ a short stroll to downtown Leominster, quick drive to Route 190, also short distance to the MBTA Fitchburg Commuter Rail Line to Boston, and shopping area.Don’t miss it! First showing at the open house Sunday - 3:00PM-4:00PM.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$799,995
Annual Taxes$7,043

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms18
FireplacesNone
Flooring--
BasementUnfinished

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningRC

Property & Lot

Acres0.16
SqFt Lot7,140
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access

Geography

Listing Provided By

Listing Agent: Ides Figueiredo

Listing Office: Coldwell Banker Realty - Brookline

MLS® Number: 73545950