Active
40 Days on market
56 Mahogany Run #56 Leominster — Photo 1 of 38

56 Mahogany Run #56 Leominster — Photo 1 of 38

Recent Drop: $15,000

$375,000
$360,000

$360,000

Investment Analysis — 56 Mahogany Run #56

Leominster, MA 01453

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01453 carries an estimated $1,850/mo in gross rent — about a 2.53% cap rate and $9,113/yr in estimated NOI at the $360,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,612

Style

Condominium

Built

1995

Looking for a condo with a little more personality? This one delivers! From the moment you come up the stairs to the first level, you’re greeted by beautiful hardwood floors and a bright, open-concept living, dining, and kitchen area with three walls of windows and incredible natural light. On the second level, you’ll find two inviting bedrooms, including the primary bedroom with a walk-in closet and a second closet — no more fighting over closet space! The second bedroom feels open and airy with its cathedral ceiling, making it a great place to wake up and start your day. Need extra space? The finished basement features a bonus/flex room, ready for a home office, gym, or creative hangout room – you decide! Sip your morning beverage and enjoy the nice weather on your composite deck. The association is pet friendly, so bring your fur babies — both cats and dogs! Enjoy convenient upstairs laundry, central air in the summer and the everyday ease of an attached garage. Never scrape ice off your windshield or carry groceries through the rain again! Relocating to Central Massachusetts? Commuting to Boston, Worcester, or Devens? This location makes it easy, with the commuter rail/train station less than one mile away and major highways (Route 2 and 190) right around the corner — all while offering more space and flexibility without the Boston-area price tag. All this AND Leominster’s vibrant downtown and nearby shopping, restaurants and hospital are just minutes from your door! Low condo fees of just $210/month, plus peace of mind thanks to an updated natural gas HVAC system and Rinnai tankless water heater both installed in 2021, make this an even better value. Spend more time enjoying your home and less time worrying about maintenance with this affordable, move-in ready END UNIT condo. The seller has already purchased another home and is ready to go, so you can be too! **Looking to lower your payment? Yes, please! Ask about the available lender-sponsored rate buydown program. Buyer must qualify through the participating lender; terms and conditions apply.**

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.

Property Details

Financials

Original Price$375,000
Annual Taxes$5,239
HOA Fee$210

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms5
FireplacesNone
FlooringVinyl, Carpet, Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First

24 x 12

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan

Dining Room
Lvl First

12 x 10

Flooring - Hardwood, Exterior Access, Open Floorplan, Slider, Lighting - Overhead

Kitchen
Lvl First

12 x 10

Ceiling Fan(s), Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan

Primary Bedroom
Lvl Second

21 x 10

Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

15 x 12

Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

8 x 7

Bathroom - Full, Bathroom - With Tub, Flooring - Vinyl

Property History

Price Drop
$360,000

Was $375,000

Sep 12, 2026

MLS® 73558955

Listed
$375,000

Aug 4, 2026

MLS® 73558955

Terminated
$380,000

Jul 27, 2026

MLS® 73500997

Listed
$380,000

Apr 14, 2026

MLS® 73500997

Listing Provided By

Listing Agent: Emma Weisman

Listing Office: Keller Williams Realty North Central

MLS® Number: 73558955