$ 584,900

94 Central St

Leominster, MA 01453

  • 6 Beds
  • 4.5 Baths
    Full Baths: 4 Half Baths: 1
  • 2,868 SqFt
  • 6,969 Lot Size
  • 1900 Year Built
Attention Investors! Explore this exceptional multifamily investment opportunity in the heart of downtown Leominster! This fully occupied 5-unit property spans three levels and includes two 1-bedroom units, a studio, and two commercial spaces. Currently producing a 7.9% cap rate, this property offers not only immediate income but also potential for future rent increases, as most units are nearing market rent. Recent upgrades include new water heaters and furnaces installed in 2023 and a new front deck, ensuring efficiency and reliability. With a driveway on each side and ample parking in the rear, it provides convenience for tenants and businesses alike. Don't miss out on this promising investment! Buyer/Buyer's agent to do own due diligence. Listing agency has vested interest. Seller has never occupied property.
Listed by Candor Realty Group of Four Points Real Estate, LLC , Sold By Vijoy Abraham of Abraham Realty

PROPERTY DETAIL

  • Key Details

    Sold Price Non-Disclosure

    Property Type Multi-Family

    Sub Type 5+ Family - 5+ Units Up/Down

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 2, 868 sqft

    Price per Sqft $198

    MLS Listing ID 73302438

    Sold Date 01/10/25

    Bedrooms 6

    Full Baths 4

    Half Baths 1

    Year Built 1900

    Annual Tax Amount $5,801

    Tax Year 2024

    Lot Size 6,969 Sqft

    Acres 0.16

    Property Sub-Type 5+ Family - 5+ Units Up/Down

  • Location

    State MA

    County Worcester

    Zoning BB

    Direction Please use GPS.

  • Rooms

    Basement Dirt Floor

  • Building

    Story 8

    Foundation Concrete Perimeter, Brick/Mortar

    Sewer Public Sewer

    Water Public

  • Interior

    Interior Features Living Room, Kitchen, Living RM/Dining RM Combo

    Heating Forced Air, Natural Gas, Electric

    Flooring Carpet, Hardwood, Vinyl / VCT

    Appliance Range, Refrigerator

  • Exterior

    Community Features Public Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station

    Roof Type Slate

    Total Parking Spaces 8

    Garage No

  • Others

    Senior Community false

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