16 Depot Square Leominster, MA 01453
Estimated payment $4,755/month
Highlights
- Medical Services
- Jogging Path
- Shops
- Property is near public transit
- Park
- Coin Laundry
About This Home
Investor heaven awaits in this exceptional mixed-use property, ideally situated in the heart of thriving downtown Leominster. This rare opportunity features a total of six units—five residential spaces and one commercial space—offering strong income potential and versatility for any savvy investor. The property is perfectly positioned within walking distance to shops, restaurants, and entertainment, with easy access to major highways. Ample off-street parking adds convenience for both tenants and customers. Whether you're looking to expand your portfolio or establish a presence in a high-demand area, this could be your next great investment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,661
Year Built
- Built in 1900
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 7,140 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 6 Bedrooms
- 7 Full Bathrooms
Parking
- 7 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Additional Features
- 6,945 Sq Ft Lot
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 1577308
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Additional Features
- 6 Units
- Net Operating Income $32,400
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,421 | $742,800 | $114,300 | $628,500 |
| 2024 | $9,661 | $665,800 | $108,900 | $556,900 |
| 2023 | $9,709 | $624,800 | $94,700 | $530,100 |
| 2022 | $6,813 | $554,500 | $82,300 | $472,200 |
| 2021 | $6,813 | $375,800 | $64,100 | $311,700 |
| 2020 | $141 | $375,800 | $64,100 | $311,700 |
| 2019 | $5,920 | $319,300 | $61,000 | $258,300 |
| 2018 | $5,706 | $295,200 | $59,200 | $236,000 |
| 2017 | $5,576 | $282,600 | $55,300 | $227,300 |
| 2016 | $5,659 | $289,000 | $55,300 | $233,700 |
| 2015 | $5,618 | $289,000 | $55,300 | $233,700 |
| 2014 | $5,892 | $311,900 | $59,600 | $252,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Pending | -- | -- | -- |
| 08/11/2025 08/11/25 | For Sale | $744,900 | -- | $104 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $595,000 | None Available | |
| Quit Claim Deed | $595,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $551,000 | Purchase Money Mortgage | |
| Closed | $551,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73416263
APN: LEOM-000019-000009
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