157 Union St Leominster, MA 01453
7
Beds
3
Baths
2,869
Sq Ft
0.35
Acres
Highlights
- Golf Course Community
- Property is near public transit
- Community Pool
- Medical Services
- Wood Flooring
- 4-minute walk to Lincoln Woods Wildlife Sanctuary
About This Home
As of September 2023Open House Sunday 7/23 from 1:00-2:30! Check out this 3-family investment. It was once a 2 unit and now a legal 3-unit income producer! 1st and 2nd units both have large 3 bedrooms while the 3rd floor has 3 rooms, 1 bedroom with full bathroom. New roof within the last 6 months. There is a large 2 car detached garage for personal use or possibly rent out for additional income. This property needs some TLC but overall, it is a great income producing investment with low maintenance and a great rental history. With a potential gross rental income of $60K with low expenses, makes this property a great investment!! Leominster offers an attractive blend of history, community spirit, convenient location, and recreational opportunities. Its affordable housing and promising economic prospects make it a compelling choice for both residents and investors seeking a balanced and fulfilling lifestyle.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,644
Year Built
- Built in 1900
Parking
- 2 Car Garage
- Shared Driveway
- Open Parking
- Off-Street Parking
Home Design
- 2,869 Sq Ft Home
- Stone Foundation
- Frame Construction
- Shingle Roof
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling Available
- Heating Available
- Natural Gas Connected
Additional Features
- Laundry Room
- Porch
- 0.35 Acre Lot
Listing and Financial Details
- Total Actual Rent $3,000
- Rent includes unit 1(water other (see remarks)), unit 2(water), unit 3(water)
- Assessor Parcel Number M:0333 B:0012 L:0000,1583479
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $1,800
- Insurance Expense $1,800
- Water Sewer Expense $1,800
- Operating Expense $5,400
- Net Operating Income $30,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 28, 2011
Sold by
Camire Steven and Camire Sylvia
Bought by
Miller Jeffrey
Current Estimated Value
Purchase Details
Closed on
Oct 21, 2008
Sold by
Camire Sylvia V
Bought by
Camire Steven and Camire Sylvia V
Similar Homes in Leominster, MA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $544,769 | FHA | |
| Closed | $190,000 | New Conventional | |
| Closed | $85,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2023 09/19/23 | Sold | $555,000 | +12.1% | $193 / Sq Ft |
| 07/24/2023 07/24/23 | Pending | -- | -- | -- |
| 07/20/2023 07/20/23 | For Sale | $494,900 | +147.5% | $172 / Sq Ft |
| 09/17/2018 09/17/18 | Sold | $200,000 | +0.1% | $75 / Sq Ft |
| 07/25/2018 07/25/18 | Pending | -- | -- | -- |
| 07/19/2018 07/19/18 | For Sale | $199,900 | -- | $75 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,300 | $520,300 | $127,000 | $393,300 |
| 2024 | $6,625 | $456,600 | $121,000 | $335,600 |
| 2023 | $5,644 | $363,200 | $105,100 | $258,100 |
| 2022 | $5,225 | $315,500 | $91,400 | $224,100 |
| 2021 | $5,091 | $280,800 | $71,200 | $209,600 |
| 2020 | $4,506 | $250,600 | $71,200 | $179,400 |
| 2019 | $4,527 | $244,200 | $67,800 | $176,400 |
| 2018 | $4,309 | $222,900 | $65,900 | $157,000 |
| 2017 | $3,684 | $186,700 | $61,500 | $125,200 |
| 2016 | $3,460 | $176,700 | $61,500 | $115,200 |
| 2015 | $3,435 | $176,700 | $61,500 | $115,200 |
| 2014 | $3,597 | $190,400 | $67,900 | $122,500 |
Source: Public Records
Agents Affiliated with this Home
-
The Best Buy Team
T
Seller's Agent in 2023
The Best Buy Team
Media Realty Group Inc.
(855) 886-3342
87 Total Sales
-
Sheri Barrette
Seller Co-Listing Agent in 2023
Sheri Barrette
Media Realty Group Inc.
(508) 688-2015
59 Total Sales
-
Juan Marte
J
Buyer's Agent in 2023
Juan Marte
Berkshire Hathaway HomeServices Verani Realty Methuen
(978) 397-1995
31 Total Sales
-
Michael Beaudoin
Seller's Agent in 2018
Michael Beaudoin
Coldwell Banker Realty - Leominster
(978) 660-9795
233 Total Sales
-
Jacqueline Da Rosa
Buyer's Agent in 2018
Jacqueline Da Rosa
Century 21 North East
(978) 833-6992
16 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73138598
APN: LEOM-000333-000012
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The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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