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Adam Dow

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

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54-56 North Main St , Leominster, MA 01453
$999,500
Est. Payment: $2,221.11/mo
9 Bed
5 Bath
4165 Sqft
Status: Active | Days on site: 211
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G62122 - TM338007
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House Description

The property currently generates approximately $110,784 in gross annual rental income, offering strong in-place cash flow with upside through targeted improvements and operational efficiencies. This 5-unit multi-family investment at 54–56 North Main Street includes 9 bedrooms and 5 full baths across approximately 4,165 sq ft. Units feature a mix of 1- and 3-bedroom layouts, each with its own kitchen and full bath. Set on a 0.53-acre lot, the property offers 11 off-street parking spaces, a full unfinished basement for additional storage, and a durable vinyl exterior. Tenants are in place, providing immediate income. Conveniently located near downtown Leominster, shopping, dining, and major routes. Please see the attached Income & Expense Summary for full financial details. A solid opportunity for investors seeking a well-located, income-producing multi-family property with upside potential.

Highlights

Listed by Team Lillian Montalto , 978-475-1400 Lillian Montalto Signature Properties , 978-475-1400.

Property Type

Multi-Family

Lot/Acreage
0.53

Year Built

1920

County

Worcester

Listing ID

73478773

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:5
  • Full Bathrooms:5
Appliances:Range, Microwave, Refrigerator, Dishwasher
Other:
  • Additional:Ceiling Fan(s), Bathroom With Tub & Shower, Bathroom with Shower Stall, Living Room, Kitchen
Water:Public

Exterior Features

Garage Capacity:11
Zoning:RB
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 11
Principal Interest
$2,221
Taxes
$801

Home Price

$999,500

Loan Details

30 yrs
%

Down Payment

20%
$199,900
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Monthly Price:
$2,221.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,221.11 $801.00 $0.00 $3,022.11
Yearly $26,653.33 $9,612.00 $0.00 $36,265.33
Total $799,600.00 $288,360.00 $0.00 $1,087,960.00

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.