Attention Investors! Explore this exceptional multifamily investment opportunity in the heart of downtown Leominster! This fully occupied 5-unit property spans three levels and includes two 1-bedroom units, a studio, and two commercial spaces. Currently producing a 7.9% cap rate, this property offers not only immediate income but also potential for future rent increases, as most units are nearing market rent. Recent upgrades include new water heaters and furnaces installed in 2023 and a new front deck, ensuring efficiency and reliability. With a driveway on each side and ample parking in the rear, it provides convenience for tenants and businesses alike. Don’t miss out on this promising investment! Buyer/Buyer's agent to do own due diligence. Listing agency has vested interest. Seller has never occupied property.
Sold for $570,000
$570,000
94 Central St, Leominster, MA 01453
6beds
2,868sqft
5+ Family - 5+ Units Up/Down
Built in 1900
-- sqft lot
$587,800 Zestimate®
$199/sqft
$2,717 Estimated rent
Home value
$587,800
$535,000 - $647,000
$2,717/mo
Zestimate® history
Owner options
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$2,717/mo
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$2,717/mo
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$3,656/mo
Est. payment
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$3,656/mo
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New front deck
Zillow last checked:
Listing updated:
Listed by:
Candor Realty Group 978-710-5616,
Four Points Real Estate, LLC 888-944-5827,
Steve Bui 508-868-6821
Bought with:
Vijoy Abraham
Abraham Realty
Source: MLS PIN,MLS#: 73302438
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas, Electric
Appliances
- Included: Range, Refrigerator
Features
- Living Room, Kitchen, Living RM/Dining RM Combo
- Flooring: Carpet, Hardwood, Vinyl / VCT
- Basement: Dirt Floor
- Has fireplace: No
Interior area
- Total structure area: 2,868
- Total interior livable area: 2,868 sqft
Property
Parking
- Total spaces: 8
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 8
Features
- Patio & porch: Porch
Lot
- Size: 7,029 sqft
Details
- Parcel number: M:0093 B:0002 L:0000,1578951
- Zoning: BB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Concrete Perimeter, Brick/Mortar
- Roof: Slate
Condition
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station
Location
- Region: Leominster
HOA & financial
Other financial information
- Total actual rent: 5800
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2025 | Sold | $570,000-2.5%$199/sqft |
Source: MLS PIN #73302438 Report a problem | ||
| 11/11/2024 | Contingent | $584,900$204/sqft |
Source: MLS PIN #73302438 Report a problem | ||
| 10/29/2024 | Price change | $584,900-2.5%$204/sqft |
Source: MLS PIN #73302438 Report a problem | ||
| 10/15/2024 | Listed for sale | $599,900+379.9%$209/sqft |
Source: MLS PIN #73302438 Report a problem | ||
| 6/30/2015 | Sold | $125,000-10.7%$44/sqft |
Source: Public Record Report a problem | ||
| 6/10/2015 | Price change | $140,000-6.7%$49/sqft |
Source: Keller Williams - North Central #71841459 Report a problem | ||
| 6/6/2015 | Pending sale | $150,000$52/sqft |
Source: Keller Williams - North Central #71841459 Report a problem | ||
| 5/22/2015 | Listed for sale | $150,000+64.8%$52/sqft |
Source: Keller Williams Realty North Central #71841459 Report a problem | ||
| 4/30/2015 | Sold | $91,000-69.3%$32/sqft |
Source: Public Record Report a problem | ||
| 3/29/2011 | Listing removed | $296,000$103/sqft |
Source: David Bernard #71054639 Report a problem | ||
| 3/29/2010 | Listed for sale | $296,000+660.9%$103/sqft |
Source: David Bernard #71054639 Report a problem | ||
| 12/23/1997 | Sold | $38,900$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,214 +7.1% | $442,900 +10.8% |
| 2024 | $5,801 +0.5% | $399,800 +7.6% |
| 2023 | $5,775 +6.1% | $371,600 +13.1% |
| 2022 | $5,443 +32.9% | $328,700 +45.5% |
| 2021 | $4,096 +0.8% | $225,900 |
| 2020 | $4,062 +12.5% | $225,900 +16% |
| 2019 | $3,612 +3.1% | $194,800 +7.4% |
| 2018 | $3,505 +2.8% | $181,300 +4.9% |
| 2017 | $3,409 +5.6% | $172,800 +4.9% |
| 2016 | $3,227 +0.7% | $164,800 |
| 2015 | $3,204 -17.6% | $164,800 -23.9% |
| 2013 | $3,890 +11.2% | $216,600 -4.5% |
| 2011 | $3,497 -1.5% | $226,900 -11.7% |
| 2010 | $3,552 -2.4% | $257,000 -15% |
| 2009 | $3,639 +10.1% | $302,500 +2.9% |
| 2008 | $3,306 +2.6% | $293,900 -0.7% |
| 2007 | $3,222 +1.3% | $296,100 +0.5% |
| 2006 | $3,180 +12.2% | $294,700 +22.3% |
| 2005 | $2,833 +11.1% | $240,900 +19.6% |
| 2004 | $2,550 -4.5% | $201,400 -1.9% |
| 2003 | $2,669 +13.9% | $205,300 +23.3% |
| 2002 | $2,344 | $166,500 |
Find assessor info on the county website
Neighborhood: 01453
Nearby schools
GreatSchools rating
- 5/10Northwest Elementary SchoolGrades: 1-5Distance: 1 mi
- 6/10Sky View Middle SchoolGrades: 6-8Distance: 2.5 mi
- 5/10Leominster Senior High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$587,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$587,800
- Massachusetts
- Worcester County
- Leominster
- 01453
- 94 Central St
Nearby cities
Nearby zip codes
Other Leominster Topics
