16 Depot Square, Leominster, MA 01453
View Map
$785,000
6 Unit
8 Beds
7 Baths
5588 SQFT
0.16 Acre

Property Description

Prime mixed-use opportunity in the heart of downtown! This fully occupied building features five residential apartments and one street-level commercial space, all with long-term tenants in place. A solid income producer with strong rental history, offering immediate cash flow and value-add potential. Deeded parking adds rare and valuable convenience for the residential tenants and plenty of street parking for commercial occupants. Ideal for investors seeking a stable asset in a high-demand location with nearby amenities, shops, dining, and public transportation. Don’t miss this chance to own a cornerstone property in a thriving downtown setting. All unit photos, floorplan, expenses and rent roll available upon request.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Amenities: Highway Access, Laundromat, Medical Facility, Park, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Full
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: No
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 101400

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73462923
  • Last Updated: 12/22/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/22/2025Active$785,000$140MLSPIN
12/18/2025New$785,000$140MLSPIN
11/07/2025Canceled$744,900$104MLSPIN
08/19/2025Under Agreement$744,900$104MLSPIN
08/11/2025Contingent$744,900$104MLSPIN
06/20/2025Canceled$744,900$104MLSPIN
06/02/2025Active$744,900$104MLSPIN
05/29/2025New$744,900$104MLSPIN
05/22/2025Canceled$744,900$104MLSPIN
05/13/2025Active$744,900$104MLSPIN
05/09/2025Price Change$744,900$104MLSPIN
04/14/2025Active$749,900$105MLSPIN
04/10/2025New$749,900$105MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Trish Marchetti, Berkshire Hathaway HomeServices Commonwealth Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-12-22 03:05:00