119 Smith St Leominster — Photo 1 of 42
$510,000
Investment Analysis — 119 Smith St
Leominster, MA 01453
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01453 carries an estimated $2,380/mo in gross rent — about a 3.06% cap rate and $15,584/yr in estimated NOI at the $510,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,934
Style
Single Family
Built
1962
Welcome home to this beautifully updated multi-level gem situated on a spacious corner lot, designed for modern living and everyday comfort. Featuring solar panels for energy efficiency, this home offers an impressive list of recent improvements, including roof, gutters, windows, driveway, water filtration main line, and garage door opener. Added insulation further enhances year-round comfort and efficiency. Step inside to a remodeled kitchen showcasing stainless steel appliances and an open-concept layout that seamlessly connects the dining and living areas, creating the perfect space for entertaining. The home offers three generously sized bedrooms, along with tastefully remodeled full and half baths that blend style and functionality. A versatile bonus room provides the ideal space for a home office, gym, or hobby area. Additional highlights include a walk-up attic offering abundant storage. Combining thoughtful updates, sustainable features, and flexible living spaces, this move-in-ready home is one you won't want to miss!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,934 sq ft principal dwelling). Lot size: 7,500 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Tankless Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl nullFlooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
Dining Room
Lvl nullFlooring - Hardwood, Deck - Exterior, Open Floorplan, Slider
Kitchen
Lvl nullFlooring - Wood, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Remodeled
Bathroom 1
Lvl nullBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
Bathroom 2
Lvl nullBathroom - Half, Flooring - Stone/Ceramic Tile, Remodeled
Listing Agent: Lana Kopsala
Listing Office: Coldwell Banker Realty - Leominster
MLS® Number: 73572789