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For sale
    • Price cut: $100.5K (6/5)
    $999,500

    54-56 N Main St, Leominster, MA 01453

    9beds
    4,165sqft
    : 
    $6,752/mo
    Get pre-qualified
    5+ Family - 5+ Units Up/Down
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $240/sqft
    $-- HOA

    What's special

    Durable vinyl exterior
    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.
    155 days
    |
    207
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Team Lillian Montalto 978-475-1400,

    Lillian Montalto Signature Properties 978-475-1400,

    Lillian Montalto 978-815-6300

    Source: MLS PIN,MLS#: 73478773

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Oil, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Range, Microwave, Refrigerator, Dishwasher
      Features
      • Ceiling Fan(s), Bathroom With Tub & Shower, Bathroom with Shower Stall, Living Room, Kitchen
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 4,165
      • Total interior livable area: 4,165 sqft
      • Finished area above ground: 4,165

      Property

      Parking
      • Total spaces: 11
      • Parking features: Paved Drive, Off Street
      • Uncovered spaces: 11
      Lot
      • Size: 0.53 Acres
      Details
      • Parcel number: M:0070 B:0007 L:0000
      • Zoning: RB

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5+ Family - 5+ Units Up/Down
      Materials
      • Frame
      • Foundation: Stone
      • Roof: Shingle
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Public Transportation, Park, Highway Access, Public School
      Location
      • Region: Leominster

      Financial & listing details

      • Price per square foot: $240/sqft
      • Tax assessed value: $685,100
      • Annual tax amount: $9,612
      • Date on market: 2/19/2026
      • Total actual rent: 9232

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,992/mo

        Price history

        DateEventPrice
        6/5/2026Price change$999,500-9.1%$240/sqft
        Source: MLS PIN #73478773 Report a problem
        4/7/2026Price change$1,100,000-13%$264/sqft
        Source: MLS PIN #73478773 Report a problem
        2/19/2026Listed for sale$1,265,000+72.1%$304/sqft
        Source: MLS PIN #73478773 Report a problem
        9/30/2022Sold$735,000-2%$176/sqft
        Source: MLS PIN #72989572 Report a problem
        8/4/2022Listed for sale$749,900$180/sqft
        Source: MLS PIN #72989572 Report a problem
        6/14/2022Contingent$749,900$180/sqft
        Source: MLS PIN #72989572 Report a problem
        6/1/2022Listed for sale$749,900$180/sqft
        Source: MLS PIN #72989572 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 01453

        Getting around

        76 / 100
        Very Walkable
        29 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Northwest Elementary School
        • Middle: Sky View Middle School
        • High: Leominster Senior High School

        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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