Skip main navigation
Sold
  • $570,000

    94 Central St, Leominster, MA 01453

    6beds
    2,868sqft
    5+ Family - 5+ Units Up/Down
    Built in 1900
    -- sqft lot
    $585,400 Zestimate®
    $199/sqft
    $-- HOA

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: January 13, 2025 at 08:08am

    Listed by:

    Candor Realty Group,

    Four Points Real Estate, LLC,

    Steve Bui

    Bought with:

    Vijoy Abraham

    Abraham Realty

    Source: MLS PIN,MLS#: 73302438

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas, Electric
    Features
    • Living Room, Kitchen, Living RM/Dining RM Combo
    • Flooring: Carpet, Hardwood, Vinyl / VCT
    • Basement: Dirt Floor
    • Has fireplace: No
    Interior area
    • Total structure area: 2,868
    • Total interior livable area: 2,868 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Paved Drive, Off Street
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    Lot
    • Size: 7,029 sqft
    Details
    • Parcel number: M:0093 B:0002 L:0000,1578951
    • Zoning: BB

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Up/Down
    Materials
    • Foundation: Concrete Perimeter, Brick/Mortar
    • Roof: Slate
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station
    Location
    • Region: Leominster

    HOA & financial

    Other financial information
    • Total actual rent: 5800

    Other

    Other facts
    • Road surface type: Paved
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.