This Property is No Longer Available
200 Main St, Leominster, MA 01453
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$600,000
3 Unit
8 Beds
3 Baths
4905 SQFT
0.17 Acre

Property Description

Great opportunity to own a nice Multi Family; Great for an investor or owner occupied; Good cash flow; Current rental income is $48,000 per year. There are 2 three-bedroom apartments and 1 two-bedroom apartment on the 3rd floor. Each unit has a washer/dryer hookup; washer/ dryers belong to the tenants. This property seems to be zoned as 4-8 family. As a bonus there is an attached single family type house as part of the property. This part of the house needs to be totally renovated but has great potential. There are 2 floors, and a basement and is laid out like a single-family home. Gas Heat; Off street parking. All 3 units are occupied. Notice is needed to arrange a showing.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Basement Features: Partial

Financial

  • APOD Available: No
  • Expenses Source: Estimated
  • Gross Operating Income: 48000
  • Gross Expenses: 9425
  • Electric Expenses: 650
  • Water/Sewer: 1600
  • INSC: 7175
  • Net Operating Income: 38575

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73356064
  • Last Updated: 04/16/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/16/2025Under Agreement$600,000$122MLSPIN
04/11/2025Active$600,000$122MLSPIN
04/07/2025New$600,000$122MLSPIN

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Seller's Representative: Greg Richard, Realty Executives Boston West
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-16 12:18:00

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