NOT LISTED FOR SALE

124 3rd St Leominster, MA 01453

6 Beds
4 Baths
3,150 Sq Ft
6,098 Sq Ft Lot

Last Sold March 24, 2022

Last sale price $580,000 $184 Per Sq Ft

2 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • 2 Car Garage
  • Enclosed Patio or Porch
  • Shops
  • Heating Available

About This Home

As of March 2022

Great investment property is now available. This 4 Family waiting for new owners. Property has been maintained. All updates to include siding, gutters, windows, roof, heating system (Buderus), hot water tanks and water line were done making this a turnkey property. Separate meters for electrical, hot water and common meter. Property has a 2 car garage with a work area. All units are rented and tenants are Tenants at will. Rents are below market value. Units are in great shape with large rooms. Not your average 4 family. This sure won't last. ALL OFFERS BEST AND HIGHEST DUE 02-28 BY 12PM.

Last Agent to Sell the Property

Ferrari Property Group

Keller Williams Pinnacle Central Listed on: 02/22/2022

Keller Williams Pinnacle Central

Co-Listed By

Gizely Guimaraes

Keller Williams Pinnacle Central

Last Buyer's Agent

Nhan Nguyen

Leopold & McMasters Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,743

Year Built

  • Built in 1900

Lot Details

  • 6,098

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • 3,150 Sq Ft Home
  • Quadruplex
  • Frame Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • 4 Heating Zones
  • Heating Available
  • Gas Water Heater

Additional Features

  • Laundry Room
  • Enclosed Patio or Porch
  • 6,098 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $4,650
  • Rent includes unit 1(heat water), unit 2(heat water), unit 3(heat water), unit 4(heat water)
  • Assessor Parcel Number M:0038 B:0006 L:0000,1577676

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $520
  • Water Sewer Expense $1,800
  • Operating Expense $6,020
  • Net Operating Income $52,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,743

Year Built

Built in 1900

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Varies Per Unit
  • Interior Amenities: Other (See Remarks), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Full, Walk-Out Access
  • Living Area: 3150
  • Stories Total: 6
  • MAIN LO: K95491
  • MAIN SO: AN2585

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Oil), Unit 2(Oil), Unit 3(Oil), Unit 4(Oil)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 4
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship
  • Rent Includes: Unit 1(Heat,Water), Unit 2(Heat,Water), Unit 3(Heat,Water), Unit 4(Heat,Water)

Fee Information

  • Water Sewer Expenses: 1800

Lot Info

  • Parcel Number: M:0038 B:0006 L:0000,1577676
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098.4
  • Lot Size Units: Acres
  • LOT SIZE: 5932

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6743

Multi Family

  • Electric Expense: 520
  • Net Operating Income: 52200
  • Number Of Units Total: 4
  • Operating Expense: 6020
  • Total Actual Rent: 4650
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 2
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2
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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 List to Sale Price per Sq Ft Prior Sale
03/24/2022 03/24/22 Sold $580,000 +16.0% $184 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $499,900 +29.8% $159 / Sq Ft
06/28/2019 06/28/19 Sold $385,000 +2.7% $138 / Sq Ft View Prior Sale
04/30/2019 04/30/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $375,000 -- $134 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,011 $571,000 $107,000 $464,000
2024 $7,423 $511,600 $101,900 $409,700
2023 $6,471 $416,400 $88,600 $327,800
2022 $6,705 $404,900 $77,100 $327,800
2021 $6,743 $371,900 $60,000 $311,900
2020 $6,577 $365,800 $56,800 $309,000
2019 $3,799 $204,900 $51,100 $153,800
2018 $3,690 $190,900 $49,600 $141,300
2017 $3,607 $182,800 $46,300 $136,500
2016 $3,413 $174,300 $46,300 $128,000
2015 $3,388 $174,300 $46,300 $128,000
2014 $3,502 $185,400 $50,300 $135,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72945022

MLS Property Information Network (MLS PIN)
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