16 Depot Square, Leominster, MA 01453
$785,000
Prime mixed-use opportunity in the heart of downtown! This fully occupied building features five residential apartments and one street-level commercial space, all with long-term tenants in place. A solid income producer with strong rental history, offering immediate cash flow and value-add potential. Deeded parking adds rare and valuable convenience for the residential tenants and plenty of street parking for commercial occupants. Ideal for investors seeking a stable asset in a high-demand location with nearby amenities, shops, dining, and public transportation. Don���t miss this chance to own a cornerstone property in a thriving downtown setting. All unit photos, floorplan, expenses and rent roll available upon request.
— MLSPIN #: 73462923| List Price: | $785,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73462923 |
| Town: | Leominster |
| County: | Worcester |
| Zip: | 01453 |
| Property Type: | Residential Income |
| Property Sub Type: | 5-9 Family |
| Bedrooms: | 8 |
| Full Baths: | 6 |
| Half Baths: | 1 |
| Living Area: | 5,588 sqft |
| Acres: | 0.16 |
| Taxes: | 10,421 |
| Flooring: | Varies |
| Heating: | Natural Gas |
| Lot Features: | Level |
| Parking Features: | Paved Drive, Off Street, Paved |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1900 |
| Roof: | Shingle |
| Directions: | Water St to Depot Square |
| Foundation Details: | Stone |
| Electric: | Circuit Breakers |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-12-18 |
| Heating?: | Yes |
| Lot Size Area: | 0.16 |
| Lot Size Square Feet: | 6,945 |
| Rooms Total: | 25 |
| Bathrooms Total Integer: | 7 |
| Basement: | true |
| Basement: | Full |
| Building Area Source: | Public Records |
| Building Area Total: | 5,588 |
| Community Features: | Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Sidewalks |
| Levels: | 3 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 6 |
| Open Parking?: | Yes |
| Parcel Number: | M:0019 B:0009 L:0000, 1577308 |
| Patio And Porch Features: | Porch |
| Rent Includes: | Unit 1(Heat, Electric, Water, Hot Water), Unit 2(Heat, Electric, Water, Hot Water) |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Zoning: | Mixed use |
| Stories Total: | 3 |
| Year Built Source: | Public Records |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Other (See Remarks) |
| Gross Income: | $101,400 |
| Apod Available: | No |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 3 |
| Flrs 2: | 2 |
| Heat Units: | 1 |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $140.48 |
| Page: | 319 |
| Price Per Sqft: | $140.48 |
| Square Feet Incl Base: | No |
| Year Round: | Yes |
| Original List Price: | $785,000 |
| Parking Total: | 7 |
| Tax Assessed Value: | $742,800 |
| Tax Year: | 2025 |
| Total Actual Rent: | $8,450 |
| Year Built Details: | Unknown/Mixed |
| Bedrms 1: | 1 |
| Bedrms 2: | 1 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| Hot Water: | Tank |
| Rent1: | 1,400 |
| Rent2: | 1,350 |
| Above Grade Finished Area: | 5,588 |
| Living Area Source: | Public Record |
| Stories: | 3 |
Listing Courtesy of: Berkshire Hathaway HomeServices Commonwealth Real Estate
Listing Agent: Trish Marchetti
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on December 22, 2025 10:39 AM
Property Last Updated: December 22, 2025 03:08 AM