54 North St Leominster — Photo 1 of 42
$499,999
Investment Analysis — 54 North 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 3.16% cap rate and $15,784/yr in estimated NOI at the $499,999 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,242
Style
Single Family
Built
1980
Welcome to 54 North Street, a beautifully updated ranch nestled in a desirable Leominster location! Offering nearly 2,100 square feet of living space, this home features 3 bedrooms, 1 full bath, and 2 half baths, providing plenty of space and flexibility for today’s lifestyle. The inviting living room features a cozy fireplace, while the updated kitchen and dining room create a wonderful setting for everyday living and entertaining. This home has been thoughtfully upgraded throughout, including a brand-new roof, new driveway, new gutters and trim, beautiful laminate Pergo flooring, and a stylish walk-in shower. Outside, enjoy a spacious backyard with plenty of room for entertaining, gardening, or simply relaxing. Located in a highly desirable Leominster area close to shopping, dining, schools, transportation, and numerous area amenities, this home truly combines comfort, convenience, and extensive updates. With so many improvements already completed, this home is a true gem and must be seen to be appreciated. Don’t miss the opportunity to make 54 North Street your new home! Call today for your private showing.
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: 621 sq ft (the lesser of 900 sq ft or half the 1,242 sq ft principal dwelling). Lot size: 14,113 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12 x 18
Ceiling Fan(s), Closet, Attic Access, Cable Hookup, Flooring - Engineered Hardwood
Dining Room
Lvl First11 x 13
Flooring - Engineered Hardwood
Kitchen
Lvl Main,First11 x 12
Flooring - Vinyl, Countertops - Upgraded, Cabinets - Upgraded
Master Bedroom
Lvl First13 x 13
Bathroom - Half, Closet, Flooring - Engineered Hardwood
Bedroom 2
Lvl First9 x 10
Bedroom 3
Lvl First11 x 13
Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First8 x 9
Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl First4 x 5
Bathroom - Half, Flooring - Vinyl
Bathroom 3
Lvl Basement6 x 6
Bathroom - Half
Listing Agent: Michelle Lopez
Listing Office: Coldwell Banker Realty - Leominster
MLS® Number: 73572821