94 Central Street
$584,900
6
4
1
2,868
2,868
$204
Description
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...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.
- Listed by Candor Realty Group • Four Points Real Estate, LLC
- Listed by Steve Bui • Four Points Real Estate, LLC
Property Details for 94 Central Street
Town
Leominster
AreaMA-Leominster
Garage Spaces0
Parking Spaces8.00
Parking Spaces Total8
LISTING UPDATED: 11/02/2024 03:07 AM
Property Details for 94 Central Street
Status | Active |
---|---|
MLS # | 73302438 |
Days on Market | 20 |
Taxes | $5,801 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5+ Family - 5+ Units Up/Down |
Year Built | 1900 |
County | Worcester County |
Building Information for 94 Central Street
Stories8Residences5Year Built1900Building Size-Lot Size0.16 AC / 7,029 SF
Property Information for 94 Central Street
Property History for 94 Central Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 94 Central Street
Taxable ValueLand$109,000Additions$290,800Total$399,800
Tax Record2024$5,801 ($483 / month)
Home Facts
Baths5Total Finished SqFt2,868 SqFtAbove Grade Finished SqFt2,868 SqFtStories2Lot Size7,029 SqFtStyleOffice BuildingYear Built1900CountyWORCESTERAPNLEOM M:0093 B:0002 L:0000
Schools near 94 Central Street
This home is within Leominster School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Frances Drake School PublicK to 5 | ||
Samoset School Public6 to 8 | ||
Leominster Senior High School Public9 to 12 | ||
Leominster Center For Excellence Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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