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167 Fifth St Leominster — Photo 1 of 27

167 Fifth St Leominster — Photo 1 of 27

$375,000

Investment Analysis — 167 Fifth 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 4.59% cap rate and $17,216/yr in estimated NOI at the $375,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,140

Style

Single Family

Built

1890

This cute and cozy home offers a comfortable layout, a great yard, and convenient access to major commuting routes. Sitting on an oversized 0.26-acre lot, this property boasts exceptional expansion potential for buyers looking to add an ADU, garage, enlarge the footprint, or build out their dream living space. The possibilities are endless! This property has plenty of potential and would benefit from some updating, providing an opportunity to add your own personal touches and make it your own. The main level features a welcoming living room and a generously sized kitchen with plenty of space for everyday living and gathering. Upstairs are three bedrooms. Step outside to enjoy the expansive, flat, and nicely fenced-in yard. The rare lot size provides a wonderful private outdoor area for relaxing, gardening, recreation, or entertaining, with more than enough elbow room to grow. The convenient location near Route 2 and other commuting routes makes getting around easy while keeping everyday amenities within reach. With its cozy feel, functional spaces, generous parcel size, and endless possibilities, this home is ready for its next chapter. Bring your vision and unlock the potential at 167 Fifth St.

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: 570 sq ft (the lesser of 900 sq ft or half the 1,140 sq ft principal dwelling). Lot size: 11,259 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.

Immersive Experience

Property Details

Financials

Original Price$375,000
Annual Taxes$4,490

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Vinyl, Laminate, Flooring - Vinyl
BasementFull, Concrete

Climate & Utilities

HeatingSteam, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRC

Property & Lot

Acres0.26
SqFt Lot11,259
Lot FeaturesLevel

Amenities & Appliances

Electric Water Heater • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Range

Neighborhood

Public Transportation • Shopping • Medical Facility • Laundromat • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3
Main,First
Living RoomDining RoomBathroom 1
Living Room
Lvl Main,First

14.5 x 11.416666666

Ceiling Fan(s), Flooring - Vinyl, Lighting - Overhead

Dining Room
Lvl Main,First

13 x 11.583333333

Flooring - Vinyl, Lighting - Pendant

Master Bedroom
Lvl Second

12.5 x 12

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 2
Lvl Second

11 x 12

Bedroom 3
Lvl Second

12.5 x 11

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bathroom 1
Lvl Main,First

4.916666666 x 8.75

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Listing Provided By

Listing Agent: Rebecca Koulalis

Listing Office: Redfin Corp.

MLS® Number: 73572882