Active Under Contract
119 Days on market
345 West St Leominster — Photo 1 of 40

345 West St Leominster — Photo 1 of 40

$995,000

345 West St, Leominster, MA 01453

Leominster, MA 01453

Investor Analysis

Beds

8

Baths

4

SqFt

4,214

Style

4 Family

Built

1871

Investors take notice! Exceptional opportunity to own this beautifully maintained and recently remodeled 4-unit property generating nearly $100,000 in gross annual rental income. Located on a desirable corner lot in a quiet neighborhood, this turnkey multi-family offers long-term tenants, strong rental history, and pride of ownership throughout. Property features separate utilities with tenants paying their own utilities, energy-saving appliances, insulated closed-cell foam roof for improved efficiency, wall A/C units, electric fireplaces, intercom system, separate laundry room in basement, and 8 off-street parking spaces. Numerous updates have been completed, making this an ideal low-maintenance investment opportunity with excellent cash flow potential. Conveniently located near shopping, restaurants, local amenities, and major routes. A rare opportunity to add a solid income-producing asset to your portfolio.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$236/sqft
Local Avg (Leominster)$220/sqft
7% AboveMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Leominster, MA.

Property Details

Financials

Original Price$995,000
Annual Taxes$9,921

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms16
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

HeatingNatural Gas
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationGranite
ZoningRA

Property & Lot

Acres0.18
SqFt Lot7,725
Lot FeaturesCorner Lot, Level

Amenities & Appliances

ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Washer • ENERGY STAR Qualified Refrigerator • Range Hood • Range

Geography

Population

43,851

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$84K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

37.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Adriana Nunes

Listing Office: Faith Realty, LLC

MLS® Number: 73520306

Browse More Homes in Leominster

Explore other active listings in the area.