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
Sold for $545,000
$545,000
278 Water St, Leominster, MA 01453
5beds
2,093sqft
2 Family - 2 Units Up/Down
Built in 1915
-- sqft lot
$553,600 Zestimate®
$260/sqft
$2,796 Estimated rent
Home value
$553,600
$509,000 - $603,000
$2,796/mo
Zestimate® history
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$2,796/mo
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$3,500/mo
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List your homeWhat's special
Reliable buderus furnaceCorner lotNewer hot water heatersNatural lightSpacious layouts
Zillow last checked:
Listing updated:
Listed by:
Thomas Steeves 617-480-4448,
Maritime Real Estate 617-480-4448
Bought with:
Brandon Sweeney
Keller Williams Realty
Source: MLS PIN,MLS#: 73415965
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Included: Range, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
- Laundry: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Pantry, Storage, Cedar Closet(s), High Speed Internet, Bathroom With Tub & Shower, Living Room, Kitchen, Family Room, Laundry Room, Mudroom
- Flooring: Tile, Vinyl, Hardwood
- Windows: Picture Window
- Basement: Full,Partially Finished,Walk-Out Access,Bulkhead,Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,093
- Total interior livable area: 2,093 sqft
- Finished area above ground: 2,093
Property
Parking
- Total spaces: 5
- Parking features: Paved Drive, Off Street, Paved
- Garage spaces: 1
- Uncovered spaces: 4
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters
- Fencing: Fenced/Enclosed,Fenced
Lot
- Size: 10,396 Square Feet
- Features: Corner Lot, Level
Details
- Additional structures: Shed(s)
- Parcel number: 1579915
- Zoning: residentia
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Foundation: Concrete Perimeter, Stone
- Roof: Shingle
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
Community & HOA
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
Location
- Region: Leominster
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $418,900
- Annual tax amount: $5,877
- Date on market: 12/26/2025
- Exclusions: All Items Left In House At Closing Will Remain With The House.
- Total actual rent: 3400
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2025 | Sold | $545,000-0.7%$260/sqft |
Source: MLS PIN #73415965 Report a problem | ||
| 8/28/2025 | Contingent | $549,000$262/sqft |
Source: MLS PIN #73415965 Report a problem | ||
| 8/17/2025 | Price change | $549,000-3.5%$262/sqft |
Source: MLS PIN #73415965 Report a problem | ||
| 8/10/2025 | Listed for sale | $569,000$272/sqft |
Source: MLS PIN #73415965 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,877 +8.4% | $418,900 +12.1% |
| 2024 | $5,424 +5% | $373,800 +12.4% |
| 2023 | $5,167 +5.1% | $332,500 +12% |
| 2022 | $4,917 +6.2% | $296,900 +16.3% |
| 2021 | $4,629 +0.8% | $255,300 |
| 2020 | $4,590 +9.7% | $255,300 +13.2% |
| 2019 | $4,183 +2.8% | $225,600 +7.1% |
| 2018 | $4,071 +22.3% | $210,600 +24.8% |
| 2017 | $3,328 +4.7% | $168,700 +3.9% |
| 2016 | $3,178 +5.8% | $162,300 +5% |
| 2015 | $3,003 -5.2% | $154,500 -7.9% |
| 2014 | $3,168 +4% | $167,700 -1.1% |
| 2013 | $3,046 +6.9% | $169,600 -0.5% |
| 2012 | $2,849 +4.3% | $170,400 -3.8% |
| 2011 | $2,731 -8.9% | $177,200 -18.3% |
| 2010 | $2,998 -4.5% | $216,900 -16.9% |
| 2009 | $3,140 -0.6% | $261,000 -7.1% |
| 2008 | $3,159 +6% | $280,800 +2.5% |
| 2007 | $2,981 +7.4% | $274,000 +6.5% |
| 2006 | $2,776 +2.3% | $257,300 +11.5% |
| 2005 | $2,713 +10.8% | $230,700 +19.3% |
| 2004 | $2,448 +21.7% | $193,400 +25% |
| 2003 | $2,011 +6.6% | $154,700 +15.4% |
| 2002 | $1,887 +11.5% | $134,000 +37.4% |
| 1995 | $1,693 | $97,500 |
Find assessor info on the county website
Neighborhood: 01453
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Nearby schools
GreatSchools rating
- 5/10Frances Drake SchoolGrades: K-5Distance: 0.5 mi
- 6/10Sky View Middle SchoolGrades: 6-8Distance: 1.8 mi
- 5/10Leominster Senior High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Drake Elementary
- High: Leominster Hs
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$553,600
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$553,600
- Massachusetts
- Worcester County
- Leominster
- 01453
- 278 Water St
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