14-18 Florence St, Leominster, MA 01453
$699,000
Fantastic investor opportunity to own a turnkey and renovated solid 3-family property in Leominster! This 8-bedroom, 3-bathroom multi-unit offers great cash flow potential for investors or the perfect house-hacking setup for owner-occupants. Two units have been fully renovated with modern kitchens, updated baths, flooring, and fresh paint. Unit 1 is almost fully renovated and awaiting your finishing touches—great chance to add value and build equity. Separate utilities, updated electrical and plumbing, and ample off-street parking. Exterior updates in progress. Located close to downtown, shops, and commuter routes. Projected strong rents. Don’t miss out!
— MLSPIN #: 73380714| List Price: | $699,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73380714 |
| Town: | Leominster |
| County: | Worcester |
| Zip: | 01453 |
| Property Type: | Residential Income |
| Property Sub Type: | 3 Family |
| Bedrooms: | 8 |
| Full Baths: | 3 |
| Living Area: | 3,704 sqft |
| Acres: | 0.34 |
| Taxes: | 7,039 |
| Appliances: | None |
| Cooling: | None |
| Flooring: | Laminate, Hardwood |
| Heating: | Hot Water |
| Parking Features: | Paved Drive, Off Street, Paved |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1915 |
| Roof: | Rubber |
| Window Features: | Insulated Windows |
| Directions: | MA-117 Off Lancaster Street to Florence Street (Dead End) |
| Laundry Features: | Electric Dryer Hookup, Washer Hookup |
| Foundation Details: | Block |
| Postal Code Plus4: | 4380 |
| Electric: | 200+ Amp Service |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-05-27 |
| Heating?: | Yes |
| Lot Size Area: | 0.34 |
| Lot Size Square Feet: | 15,000 |
| Rooms Total: | 16 |
| Bathrooms Total Integer: | 3 |
| Basement: | true |
| Basement: | Full, Walk-Out Access, Interior Entry, Bulkhead, Concrete, Unfinished |
| Building Area Source: | Public Records |
| Building Area Total: | 3,704 |
| Community Features: | Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, Sidewalks |
| Door Features: | Insulated Doors |
| Exterior Features: | Rain Gutters |
| Interior Features: | Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Open Floorplan, Remodeled, Living Room, Kitchen, Laundry Room |
| Levels: | 6 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 3 |
| Open Parking?: | Yes |
| Parcel Number: | M:0176 B:0008 L:0000, 1580825 |
| Patio And Porch Features: | Enclosed |
| Rent Includes: | Unit 1(Water), Unit 2(Water), Unit 3(Water) |
| Road Frontage Type: | Public, Dead End |
| Road Surface Type: | Paved |
| Sewer: | Public Sewer |
| Utilities: | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup |
| Zoning: | RB |
| Elementary School: | Frances Drake |
| Stories Total: | 6 |
| Year Built Source: | Public Records |
| Disclosures: | Listing Agent is a member of the Seller. Seller has never lived in the property. Property is almost fully renovated. Property is being sold As-Is. |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Not Available |
| Gross Income: | $86,400 |
| Listing Agreement: | Exclusive Right To Sell |
| Listing Terms: | Contract |
| Apod Available: | No |
| Certificate Number: | 000000000011754 |
| Disclosure: | Yes |
| Dpr Flag: | Yes |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Heat Units: | 3 |
| Heat Zones: | 3 |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Lease 3: | No |
| Levels 1: | 1 |
| Levels 2: | 2 |
| Levels 3: | 3 |
| Listing Alert: | No |
| List Price Per Sqft: | $188.71 |
| Page: | 363 |
| Price Per Sqft: | $188.71 |
| Square Feet Disclosures: | Unit 1 renovation is yet to be completed. No heat in 3rd Unit. |
| Square Feet Incl Base: | No |
| Original List Price: | $699,000 |
| Parking Total: | 6 |
| Road Responsibility: | Public Maintained Road |
| Tax Assessed Value: | $485,100 |
| Tax Year: | 2024 |
| Total Actual Rent: | $7,200 |
| Year Built Details: | Approximate |
| Waterview Flag: | No |
| Bedrms 1: | 3 |
| Bedrms 2: | 3 |
| Bedrms 3: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| Hot Water: | Natural Gas, Tank |
| Rent1: | 2,500 |
| Rent2: | 2,500 |
| Rent3: | 2,200 |
Listing Courtesy of: Keller Williams Realty North Central
Listing Agent: Moses Sefah Bosompem
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MLS Property Information Network, Inc. data last updated on June 07, 2025 01:35 PM
Property Last Updated: May 31, 2025 03:09 AM