58 4th St, Leominster, MA 01453
$1,200,000
Exceptional 6-family investment property in the heart of Leominster! Fully leased with strong rental income potential, this well-maintained building features a one-bedroom unit and five two-bedroom units. Each apartment is spacious and features a mixture of laminate flooring and carpeting. A few units feature updated kitchens, flooring, and appliances. Tenants enjoy easy access to local shops, restaurants, and public transportation. The property features off-street parking and a convenient location near major highways. Recent updates include a newer roof, electrical system, and plumbing—perfect for investors or owner-occupants seeking steady income in a growing community. The owner has made numerous improvements over the years. Truly a great opportunity, so don’t miss out on this rare multi-family gem!
— MLSPIN #: 73407021| List Price: | $1,200,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73407021 |
| Town: | Leominster |
| County: | Worcester |
| Zip: | 01453 |
| Property Type: | Residential Income |
| Property Sub Type: | 5+ Family - 5+ Units Up/Down |
| Bedrooms: | 11 |
| Full Baths: | 6 |
| Living Area: | 4,320 sqft |
| Acres: | 0.17 |
| Taxes: | 8,194 |
| Appliances: | Washer, Dryer |
| Flooring: | Varies |
| Lot Features: | Level |
| Parking Features: | Off Street |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1924 |
| Roof: | Rubber |
| Window Features: | Insulated Windows |
| Directions: | GPS |
| Foundation Details: | Stone |
| Postal Code Plus4: | 3608 |
| Electric: | 100 Amp Service, Individually Metered |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-07-20 |
| Lot Size Area: | 0.17 |
| Lot Size Square Feet: | 7,506 |
| Rooms Total: | 22 |
| Bathrooms Total Integer: | 6 |
| Basement: | true |
| Basement: | Full, Interior Entry, Concrete, Unfinished |
| Building Area Source: | Public Records |
| Building Area Total: | 4,320 |
| Community Features: | Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School |
| Levels: | 5 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 6 |
| Parcel Number: | M:0037 B:0004 L:0000, 1577638 |
| Patio And Porch Features: | Deck - Wood |
| Rent Includes: | Unit 1(Water), Unit 2(Water) |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Utilities: | Varies per Unit |
| Zoning: | RES |
| Exclusions: | Any Personal Items Belonging To The Tenants. |
| Stories Total: | 5 |
| Year Built Source: | Public Records |
| Disclosures: | Tenants want to stay. All buyers must be accompanied by their agents. There are two units on Section 8. The seller has never lived in this building. Units are below the rental market. |
| Electric Expense: | $1,350 |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner |
| Gross Income: | $90,600 |
| Gross Scheduled Income: | $462 |
| Insurance Expense: | $5,404 |
| Listing Terms: | Contract |
| Apod Available: | Yes |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 1 |
| Flrs 3: | 2 |
| Flrs 4: | 2 |
| Gre: | 21,399 |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Lease 3: | No |
| Lease 4: | No |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Levels 4: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $277.78 |
| Mse: | 600 |
| Page: | 457 |
| Price Per Sqft: | $277.78 |
| Square Feet Incl Base: | No |
| Net Operating Income: | $69,201 |
| Operating Expense: | $21,399 |
| Original List Price: | $1,200,000 |
| Parking Total: | 6 |
| Road Responsibility: | Public Maintained Road |
| Sign On Property?: | Yes |
| Tax Assessed Value: | $584,000 |
| Tax Year: | 2025 |
| Total Actual Rent: | $7,550 |
| Water Sewer Expense: | $2,607 |
| Year Built Details: | Actual |
| Waterview Flag: | No |
| Bedrms 1: | 1 |
| Bedrms 2: | 2 |
| Bedrms 3: | 2 |
| Bedrms 4: | 2 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Tank |
| Rent1: | 1,125 |
| Rent2: | 1,350 |
| Rent3: | 1,468 |
| Rent4: | 1,125 |
| Above Grade Finished Area: | 4,320 |
| Living Area Source: | Public Record |
| Stories: | 5 |
Listing Courtesy of: OWN IT
Listing Agent: TOPP Realtors
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MLS Property Information Network, Inc. data last updated on August 02, 2025 01:42 AM
Property Last Updated: July 24, 2025 03:09 AM