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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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113 Spruce , Leominster, MA 01453
$877,000
Est. Payment: $1,948.89/mo
9 Bed
6 Bath
4917 Sqft
Status: New | Days on site: 0
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AN9462 - CN237732
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House Description

Excellent opportunity to acquire a cash-flowing 6-unit multifamily in Leominster! Currently generating $9,480/month in gross rental income ($113,760 annually) with five units occupied and one newly renovated vacant unit ready for its next tenant. The property offers strong in-place income from day one while leaving room for additional upside through minor cosmetic improvements to the remaining units and common areas. An attractive opportunity for an investor looking for a stabilized multifamily asset without taking on a major renovation project. Convenient location near downtown Leominster, shopping, restaurants and major routes.

Highlights

Listed by Damon Amato , 508-873-7230 The Hive Real Estate LLC , 860-786-2854.

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1900

County

Worcester

Listing ID

73578802

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:6
  • Full Bathrooms:6
Water:Public

Exterior Features

Lot:Corner Lot
Garage Capacity:7
Zoning:RC
Roof:Rubber
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 7

Open House

Upcoming Open Houses
Saturday 11:00 am - 12:00 pm Sep 19
Principal Interest
$1,949
Taxes
$749

Home Price

$877,000

Loan Details

30 yrs
%

Down Payment

20%
$175,400
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Monthly Price:
$1,948.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,948.89 $749.42 $0.00 $2,698.31
Yearly $23,386.67 $8,993.00 $0.00 $32,379.67
Total $701,600.00 $269,790.00 $0.00 $971,390.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Leominster, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.