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$ 877,000
Est. payment /mo
Open Sat 11AM-12PM
113 Spruce Leominster, MA 01453
9 Beds
6 Baths
4,917 SqFt
Open House
Sat Sep 19, 11:00am - 12:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,917 sqft
Price per Sqft $178
MLS Listing ID 73578802
Bedrooms 9
Full Baths 6
Year Built 1900
Annual Tax Amount $8,993
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type 5-9 Family
Property Description
Excellent opportunity to acquire a cash-flowing 6-unit multifamily in Leominster! Currently generating $9,480/month in gross rental income ($113,760 annually) with five units occupied and one newly renovated vacant unit ready for its next tenant. The property offers strong in-place income from day one while leaving room for additional upside through minor cosmetic improvements to the remaining units and common areas. An attractive opportunity for an investor looking for a stabilized multifamily asset without taking on a major renovation project. Convenient location near downtown Leominster, shopping, restaurants and major routes.
Location
State MA
County Worcester
Zoning RC
Direction Directly on Spruce st, parking in the rear.
Rooms
Basement Full, Interior Entry
Exterior
Garage Spaces 1.0
Community Features Public Transportation, Shopping, Public School
Roof Type Rubber
Total Parking Spaces 8
Garage Yes
Building
Lot Description Corner Lot
Story 5
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by The Hive Real Estate LLC