159 & 161 4th St, Leominster, MA 01453

The Property consists of two (2), three-story buildings and contains six (6) total units, comprised of three (3), 3-Bedroom/1-Bathroom units and three (3), 2-Bedroom/1-Bathroom units in 5,721 square feet of gross living area (8,782 square feet of gross area) on a combined 0.08-acres over two separately deeded parcels.The opportunity exists to increase rents to market rates via programmatic updates to the remaining unrenovated units in a highly desirable urban infill, high demand, & supply-constrained residential market increasing the income generating potential of the asset. Additionally, all three units in 159 4th Street allow for the opportunity to increase the bedroom counts – further driving the income potential for the asset. Each unit is separately metered for electricity and gas (heat and hot water), which the Tenants pay directly. The Property includes ample parking for residents with over 6 direct off-street parking spaces, with ample room for additional tandem parking.