278 Water Street, Leominster, MA 01453
$549,000
Charming Two-Unit Home on Corner Lot – First Time on Market in 68 Years!Pride of ownership shines through in this well-maintained two-family home, nestled on a spacious corner lot at the end of a dead-end street. One car garage with attached shed. This property has been lovingly cared for by the same family and is a rare find for investors or owner-occupants alike.Each unit features beautiful hardwood floors, spacious layouts, and plenty of natural light. The home is equipped with a reliable Buderus furnace and newer hot water heaters, offering both comfort and energy efficiency.Located just minutes from major amenities and convenient driving routes, this property combines peaceful residential living with excellent access to everything you need. Whether you're looking to expand your investment portfolio or live in one unit while renting out the other, this home offers great potential and flexibility.Don’t miss this opportunity to own a solid, income-generating house
— MLSPIN #: 73415965| List Price: | $549,000 |
|---|---|
| Status: | Price Change |
| MLS ID: | 73415965 |
| Town: | Leominster |
| County: | Worcester |
| Zip: | 01453 |
| Property Type: | Residential Income |
| Property Sub Type: | 2 Family - 2 Units Up/Down |
| Bedrooms: | 5 |
| Full Baths: | 2 |
| Living Area: | 2,093 sqft |
| Acres: | 0.24 |
| Taxes: | 5,877 |
| Appliances: | Range, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker |
| Cooling: | None |
| Flooring: | Tile, Vinyl, Hardwood |
| Heating: | Baseboard, Natural Gas |
| Lot Features: | Corner Lot, Level |
| Parking Features: | Paved Drive, Off Street, Paved |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1915 |
| Roof: | Shingle |
| Window Features: | Picture Window |
| Directions: | GPS |
| Laundry Features: | Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup |
| Foundation Details: | Concrete Perimeter, Stone |
| Listing Contract Date: | 2025-08-10 |
| Garage?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.24 |
| Lot Size Square Feet: | 10,396 |
| Rooms Total: | 10 |
| Bathrooms Total Integer: | 2 |
| Basement: | true |
| Basement: | Full, Partially Finished, Walk-Out Access, Bulkhead, Concrete |
| Building Area Source: | Public Records |
| Building Area Total: | 2,093 |
| Community Features: | Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks |
| Exterior Features: | Rain Gutters |
| Fencing: | Fenced/Enclosed, Fenced |
| Interior Features: | Ceiling Fan(s), Pantry, Storage, Cedar Closet(s), High Speed Internet, Bathroom With Tub & Shower, Living Room, Kitchen, Family Room, Laundry Room, Mudroom |
| Levels: | 3 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 2 |
| Open Parking?: | Yes |
| Other Structures: | Shed(s) |
| Parcel Number: | 1579915 |
| Patio And Porch Features: | Porch |
| Rent Includes: | Unit 2(Heat, Water) |
| Road Frontage Type: | Public, Dead End |
| Road Surface Type: | Paved |
| Sewer: | Public Sewer |
| Utilities: | for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection |
| Zoning: | residentia |
| Covered Spaces: | 1 |
| Elementary School: | Drake Elementary |
| Exclusions: | All Items Left In House At Closing Will Remain With The House. |
| Garage Spaces: | 1 |
| High School: | Leominster Hs |
| Stories Total: | 3 |
| Year Built Source: | Public Records |
| Disclosures: | All items left in house at Closing will remain with the house - May have GROUP SHOWINGS |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $36,000 |
| Apod Available: | No |
| Color: | White |
| Disclosure: | No |
| Dpr Flag: | Yes |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Levels 1: | 1 |
| Levels 2: | 2 |
| Listing Alert: | No |
| List Price Per Sqft: | $262.30 |
| Page: | 0128 |
| Price Per Sqft: | $262.30 |
| Square Feet Incl Base: | No |
| Net Operating Income: | $36,000 |
| Original List Price: | $569,000 |
| Parking Total: | 4 |
| Road Responsibility: | Public Maintained Road |
| Tax Assessed Value: | $418,900 |
| Tax Year: | 2025 |
| Total Actual Rent: | $3,400 |
| Year Built Details: | Approximate |
| Bedrms 1: | 3 |
| Bedrms 2: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| Hot Water: | Natural Gas |
| Rent1: | 1,500 |
| Rent2: | 1,500 |
| Above Grade Finished Area: | 2,093 |
| Living Area Source: | Public Record |
| Stories: | 3 |
Listing Courtesy of: Maritime Real Estate
Listing Agent: Thomas P Steeves
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MLS Property Information Network, Inc. data last updated on August 18, 2025 02:27 PM
Property Last Updated: August 17, 2025 01:57 PM