189 Walnut St Leominster — Photo 1 of 41
$775,000
Investment Analysis — 189 Walnut St
Leominster, MA 01453
Based on rent reported on the MLS listing, a 3-unit multi-family in 01453 carries $1,400/mo in gross rent — about a 0.68% cap rate and $5,239/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
3,016
Style
3 Family
Built
1900
Well-maintained and updated three-family property offering two bedrooms in each unit. Each unit features separate utilities, providing convenience and flexibility for owners and investors. The property sits on a desirable corner lot and includes a two-car garage plus additional parking. Conveniently located near major highways, shopping, schools, and everyday amenities. Great investment opportunity with strong rental potential. 1st floor used as aday care in the past.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Luis Torres
Listing Office: RE/MAX Prof Associates
MLS® Number: 73565255