29-31 Cotton St, Leominster, MA 01453
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$749,000
3 Unit
7 Beds
3 Baths
3288 SQFT
0.32 Acre

Property Description

$749,000 — For Sale By Owner | 29–31 Cotton St, Leominster | 3-Unit Multi-Family | 10 Parking Spaces rare value-add investment opportunity in Leominster's RC zoning district. Two spacious 3-bedroom townhouse-style units with private entrances plus a 1-bedroom upper unit — all with separate utilities. The walk-up attic offers significant untapped potential with open space to expand the 1-bedroom unit into additional bedrooms, subject to the buyer's due diligence. Property may qualify for a detached ADU, which could meaningfully boost rental income — contact the municipality for zoning details. Electrical service has room for improvement, giving a savvy buyer immediate equity. Generous backyard, two farmer-style porches, deck, storage shed, and 10 parking spaces. Public sewer and water. Steps from downtown Leominster, schools, and transit with direct access to Routes 2 and 12 — an easy commute to Worcester and Boston.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 5
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: Medical Facility, Public Transportation
  • Basement Features: Concrete Floor, Full, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans
  • Common Appliances: Dishwasher, Range, Refrigerator, Washer & Dryer Hookup
  • Common Heating: Central Heat, Extra Flue, Gas, Heat Pump, Hot Water Radiators, Steam

Financial

  • APOD Available: No
  • Gross Operating Income: 70200
  • Net Operating Income: 70200

Utilities

  • Heat Zones: 3
  • Electric Info: 200 Amps, Individually Metered
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 3 Description

  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1901
  • Type: 3 Family
  • Construction Type: Post & Beam, Stucco
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wall to Wall Carpet
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73531095
  • Last Updated: 06/05/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/05/2026New$749,000$228MLSPIN
11/16/2025Expired$745,999$103MLSPIN
09/09/2025Temporarily Withdrawn$745,999$103MLSPIN
08/17/2025Active$745,999$103MLSPIN
08/13/2025Price Change$745,999$103MLSPIN
05/18/2025Active$749,999$104MLSPIN
05/14/2025New$749,999$104MLSPIN
03/02/2024Sold$675,000$205MLSPIN
02/06/2024Under Agreement$675,000$205MLSPIN
01/23/2024Contingent$675,000$205MLSPIN
11/17/2023Active$675,000$205MLSPIN
11/13/2023New$675,000$205MLSPIN

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Seller's Representative: Edward Perez, Edward Perez
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 2026-06-05 16:58:00

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