
56 Mahogany Run #56 Leominster — Photo 1 of 38
Recent Drop: $15,000
$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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First24 x 12
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan
Dining Room
Lvl First12 x 10
Flooring - Hardwood, Exterior Access, Open Floorplan, Slider, Lighting - Overhead
Kitchen
Lvl First12 x 10
Ceiling Fan(s), Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan
Primary Bedroom
Lvl Second21 x 10
Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second15 x 12
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl Second8 x 7
Bathroom - Full, Bathroom - With Tub, Flooring - Vinyl
Property History
$360,000
Was $375,000
Sep 12, 2026
MLS® 73558955
$375,000
Aug 4, 2026
MLS® 73558955
$380,000
Jul 27, 2026
MLS® 73500997
$380,000
Apr 14, 2026
MLS® 73500997
Listing Agent: Emma Weisman
Listing Office: Keller Williams Realty North Central
MLS® Number: 73558955