35 Third Leominster — Photo 1 of 37
$750,000
Investment Analysis — 35 Third
Leominster, MA 01453
Based on rent reported on the MLS listing, a 3-unit multi-family in 01453 carries $5,975/mo in gross rent — about a 6.30% cap rate and $47,217/yr in estimated NOI at the $750,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
3,697
Style
3 Family
Built
1920
Outstanding investment opportunity — a fully occupied three-family in Leominster! All three units feature 3-bedroom, 1-bath layouts, currently rented to paying tenants generating stable, immediate rental income from day one. Built in 1920, the property offers 3,699 sq ft of living space on a 0.21-acre lot, with forced air natural gas heat and durable vinyl siding exterior. Great location close to Watertower Plaza and the Mall at Whitney Field for shopping, Louis Charpentier Playground and Carter Park nearby, and easy access to the MBTA Commuter Rail into Boston plus major highways. A strong cash-flowing asset with real upside — don't miss this one!
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 MLS and other third-party data may be inaccurate or out of date.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: Olivia Grabka
Listing Office: Realty Negotiations, LLC
MLS® Number: 73570471