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Adam Dow

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

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59 Lancaster St , Leominster, MA 01453
$529,999
Est. Payment: $1,177.78/mo
4 Bed
2 Bath
2202 Sqft
Status: Under Agreement | Days on site: 22
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NB5311 - CN260696
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House Description

Welcome to 59 Lancaster St, Leominster, a spacious, well-maintained two-family property that is truly move-in ready and ready to start producing income from day one! Close today and start collecting rent tomorrow.The first unit offers 3 bedrooms, a comfortable living room, kitchen, full bath, plus additional flexible space that can be customized to fit your needs. The second unit features 1 bedroom, 1 bath, kitchen, and living room and is already occupied by wonderful tenants providing excellent rental income.Both units are spacious, in very good condition, and require no major work before you can start enjoying the benefits of ownership. Whether you’re an investor looking for a turnkey income-producing property or an owner-occupant looking to offset your mortgage with rental income, this property offers a fantastic opportunity.Outside, you’ll find two separate driveways with plenty of parking, a garage, and an enclosed three-season porch offering even more usable space.With strong rental potential, ample parking, a garage, and a move-in-ready condition, 59 Lancaster St checks the boxes that are hard to find in a multifamily property in a quiet location. Schedule your private showing and come see the opportunity for yourself! All separated utilities, public water and public sewer, making it even easier to maintain.

Highlights

Listed by Dayane Couto , 978-427-0677 Invest Realty Group , 617-306-0134.

Property Type

Multi-Family

Lot/Acreage
0.24

Year Built

1860

County

Worcester

Listing ID

73563228

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Range, Dishwasher, Refrigerator, Washer, Dryer, Wine Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Floor:Tile,Vinyl
Other:
  • Additional:Bathroom With Tub, Living Room, Kitchen, Sunroom, Family Room
Water:Public

Exterior Features

Lot:Corner Lot
Garage Capacity:6
Zoning:RC
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Paved,Unpaved,Parking Spaces: 6
Principal Interest
$1,178
Taxes
$549

Home Price

$529,999

Loan Details

30 yrs
%

Down Payment

20%
$106,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,177.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,177.78 $548.92 $0.00 $1,726.69
Yearly $14,133.31 $6,587.00 $0.00 $20,720.31
Total $423,999.20 $197,610.00 $0.00 $621,609.20

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.