$724,900
$14K PRICE DROP

Estimated payment $4,604/month

Total Views 10,632
12 Beds
4.5 Baths
3,947 Sq Ft
$184 Price per Sq Ft

Highlights

  • Medical Services
  • Wood Flooring
  • Corner Lot
  • Property is near public transit
  • 1 Fireplace
  • 4-minute walk to Monument Park

About This Home

This 4 unit Multi-Family property offers a fantastic investment opportunity. Long-term at-will tenants are established in 3 out of the 4 units. The two 2 bedroom units and one 4 bedroom units are currently rented below market rate, and one vacant 4 bedroom unit (Unit 2) is available for rent or to be owner occupied. Each unit has separated utilities. There is ample parking available for 7 cars in the 2 driveways. Lead compliance certificates for all 4 units. Recent updates include a new roof in 2022, new hot water tanks in each unit (107 U1 & 2 4/23, 109 U1 5/22, 109 U2 10/24). New stove 109 U2 12/21, new stove and refrigerator 109 U1 5/23. This location also allows for easy access to public transportation, Fitchburg State University, and other local amenities.

Listing Agent

The Donnelly Team

Coldwell Banker Realty - Leominster Listed on: 06/05/2025

Coldwell Banker Realty - Leominster

Co-Listing Agent

Shane Donnelly

Coldwell Banker Realty - Leominster

Co-Listing Agent

Alexis Donnelly

Coldwell Banker Realty - Leominster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,070

Year Built

  • Built in 1910

Lot Details

  • 5,602 Sq Ft Lot
  • Near Conservation Area
  • Corner Lot

Home Design

  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,947 Sq Ft Home
  • 1 Fireplace
  • Mud Room
  • Living Room

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor
  • Block Basement Construction

Parking

  • 7 Car Parking Spaces
  • Common or Shared Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:0031 B:0001 L:0,1502945

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $964
  • Insurance Expense $2,000
  • Water Sewer Expense $4,975
  • Operating Expense $8,639
  • Net Operating Income $55,561

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,070

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1910
  • Levels: 6
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Tile, Vinyl, Carpet
  • Interior Amenities: Lead Certification Available, Living Room, Kitchen, Mudroom
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bathrooms: 4.5
  • Basement: Full, Dirt Floor, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 3947
  • Living Area: 3947
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 183.66
  • PRICE PER Sq Ft: 183.66

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Common
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Conservation Area, House of Worship, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4975

Lot Info

  • Parcel Number: M:0031 B:0001 L:0,1502945
  • Zoning: DB
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5602
  • Lot Size Units: Acres
  • PAGE: 4

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7070
  • Tax Book Number: 7990

Multi Family

  • Electric Expense: 964
  • Gross Income: 64200
  • Insurance Expense: 2000
  • Net Operating Income: 55561
  • Number Of Units Total: 4
  • Operating Expense: 8639
  • Total Actual Rent: 5800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 2
  • LEVELS 2: 2
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 Price Changed $724,900 -1.9% $184 / Sq Ft
06/05/2025 06/05/25 For Sale $739,000 -- $187 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73386681

MLS Property Information Network (MLS PIN)

APN: FITC M:0031 B:0001 L:0