16 Depot Sq, Leominster, MA 01453
$749,900
Investor heaven awaits in this exceptional mixed-use property, ideally situated in the heart of thriving downtown Leominster. This rare opportunity features a total of six units—five residential spaces and one commercial space—offering strong income potential and versatility for any savvy investor. The property is perfectly positioned within walking distance to shops, restaurants, and entertainment, with easy access to major highways. Ample off-street parking adds convenience for both tenants and customers. Whether you're looking to expand your portfolio or establish a presence in a high-demand area, this could be your next great investment.
— MLSPIN #: 73358310| List Price: | $749,900 |
|---|---|
| Status: | Active |
| MLS ID: | 73358310 |
| Town: | Leominster |
| County: | Worcester |
| Zip: | 01453 |
| Property Type: | Residential Income |
| Property Sub Type: | 5+ Family - 5+ Units Up/Down |
| Bedrooms: | 6 |
| Full Baths: | 7 |
| Living Area: | 7,140 sqft |
| Acres: | 0.16 |
| Taxes: | 9,661 |
| Parking Features: | Paved Drive, Off Street |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1900 |
| Directions: | MAIN TO COLUMBIA TO DEPOT SQ |
| Foundation Details: | Concrete Perimeter |
| Listing Contract Date: | 2025-04-10 |
| Lot Size Area: | 0.16 |
| Lot Size Square Feet: | 6,945 |
| Rooms Total: | 15 |
| Bathrooms Total Integer: | 7 |
| Building Area Source: | Public Records |
| Building Area Total: | 7,140 |
| Community Features: | Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship |
| Levels: | 3 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 6 |
| Open Parking?: | Yes |
| Parcel Number: | 1577308 |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Zoning: | business |
| Stories Total: | 3 |
| Year Built Source: | Public Records |
| Disclosures: | LA has vested interest in the sale of this property. LA related to owner. Given that it is mixed used, utilities are NOT split and at the expense of the owner/ potential buyer. |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $25,200 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | Yes |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 1 |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $105.03 |
| Page: | 0 |
| Price Per Sqft: | $105.03 |
| Square Feet Incl Base: | No |
| Net Operating Income: | $25,200 |
| Original List Price: | $749,900 |
| Parking Total: | 7 |
| Tax Assessed Value: | $665,800 |
| Tax Year: | 2024 |
| Total Actual Rent: | $2,100 |
| Year Built Details: | Approximate |
| Bedrms 1: | 1 |
| Bedrms 2: | 1 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| Rent1: | 1,050 |
| Rent2: | 1,050 |
Listing Courtesy of: Coldwell Banker Realty - Leominster
Listing Agent: Kristen Corcoran
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MLS Property Information Network, Inc. data last updated on May 01, 2025 06:15 AM
Property Last Updated: April 21, 2025 10:59 AM