17 Laurel St Leominster, MA 01453
French Hill Neighborhood
12
Beds
9
Baths
5,031
Sq Ft
5,200
Sq Ft Lot
Highlights
- Medical Services
- Enclosed patio or porch
- Park
- Wood Flooring
- Cooling Available
- Shops
About This Home
As of June 2022Amazing opportunity to own a multi-family in Leominster, MA. Nice view of the Historic St Cecilia Church & Mechanic St. Park. Newer roof (2022), Exterior & Interior painted (2021), updated electrical(2021), Remodeled and new kitchens with new cabinets and new appliances, new flooring, new bathrooms, Newer Windows new front stairs, new 2 water tank, and plumbing all done over the last 2 years. This building has a great monthly income($6600) with a high cap rate! 5 cars parking +ample off-street parking located within walking distance of many of the city's top amenities, including restaurants, parks, shops, trails, highway, and more! Buyer & Buyer representatives should do all due diligence before submitting the offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,286
Year Built
- Built in 1900 | Remodeled
Home Design
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 5,031 Sq Ft Home
- Basement Fills Entire Space Under The House
- Washer
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 12 Bedrooms
- 9 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- Cooling Available
- 6 Heating Zones
- Heating Available
- 220 Volts
- 200+ Amp Service
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Enclosed patio or porch
- 5,200 Sq Ft Lot
- Property is near schools
Listing and Financial Details
- Total Actual Rent $6,600
- Rent includes unit 1(water), unit 2(water), unit 3(electric water)
- Assessor Parcel Number M:0042 B:0016 L:0000,1577793
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Electric Expense $5,000
- Insurance Expense $3,000
- Water Sewer Expense $2,000
- Operating Expense $19,000
- Net Operating Income $60,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2021
Closed on
Apr 30, 2021
Sold by
Eldamar Properties Llc
Bought by
Abdallah Aladam
Seller's Agent
Michael Beaudoin
Coldwell Banker Realty - Leominster
Buyer's Agent
Sherri Rogers
Coldwell Banker Realty - Leominster
List Price
$399,900
Sold Price
$470,000
Premium/Discount to List
$70,100
17.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$413,600
Outstanding Balance
$376,651
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$367,366
Purchase Details
Listed on
Jun 15, 2013
Closed on
Jul 19, 2013
Sold by
Ouimet Robert D Est
Bought by
Eldamar Props Llc
Seller's Agent
Steve Champa
Champa Realty, Inc.
Buyer's Agent
Steve Champa
Champa Realty, Inc.
List Price
$100,000
Sold Price
$100,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.98%
Purchase Details
Closed on
Jul 12, 2002
Sold by
Fluet Texas M
Bought by
Brooks Norman L
Similar Homes in Leominster, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $470,000 | None Available | |
| Fiduciary Deed | $100,000 | -- | |
| Deed | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $413,600 | Purchase Money Mortgage | |
| Previous Owner | $3,728,400 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $165,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | For Sale | $830,000 | +32.8% | $165 / Sq Ft |
| 06/24/2022 06/24/22 | Sold | $625,000 | -3.8% | $124 / Sq Ft |
| 06/22/2022 06/22/22 | Pending | -- | -- | -- |
| 06/22/2022 06/22/22 | For Sale | $650,000 | +4.0% | $129 / Sq Ft |
| 06/04/2022 06/04/22 | Off Market | $625,000 | -- | -- |
| 06/03/2022 06/03/22 | For Sale | $650,000 | 0.0% | $129 / Sq Ft |
| 03/22/2022 03/22/22 | Pending | -- | -- | -- |
| 03/14/2022 03/14/22 | For Sale | $650,000 | +38.3% | $129 / Sq Ft |
| 04/30/2021 04/30/21 | Sold | $470,000 | +17.5% | $93 / Sq Ft |
| 03/02/2021 03/02/21 | Pending | -- | -- | -- |
| 02/24/2021 02/24/21 | For Sale | $399,900 | +299.9% | $79 / Sq Ft |
| 07/19/2013 07/19/13 | Sold | $100,000 | 0.0% | $20 / Sq Ft |
| 06/19/2013 06/19/13 | Pending | -- | -- | -- |
| 06/15/2013 06/15/13 | For Sale | $100,000 | -- | $20 / 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 |
|---|---|---|---|---|
| 2024 | $7,821 | $539,000 | $100,700 | $438,300 |
| 2023 | $7,434 | $478,400 | $87,600 | $390,800 |
| 2022 | $6,293 | $380,000 | $76,200 | $303,800 |
| 2021 | $6,286 | $346,700 | $59,300 | $287,400 |
| 2020 | $5,371 | $298,700 | $56,100 | $242,600 |
| 2019 | $5,434 | $293,100 | $50,500 | $242,600 |
| 2018 | $5,082 | $262,900 | $49,000 | $213,900 |
| 2017 | $4,315 | $218,700 | $45,800 | $172,900 |
| 2016 | $3,983 | $203,400 | $45,800 | $157,600 |
| 2015 | $3,954 | $203,400 | $45,800 | $157,600 |
| 2014 | $4,320 | $228,700 | $50,100 | $178,600 |
Source: Public Records
Agents Affiliated with this Home
-
Sam Takla
Seller's Agent in 2022
Sam Takla
Coldwell Banker Realty - Framingham
(978) 810-5348
1 in this area
81 Total Sales
-
Leslie Greene
L
Buyer's Agent in 2022
Leslie Greene
Realty World
(617) 852-6475
1 in this area
11 Total Sales
-
Michael Beaudoin
Seller's Agent in 2021
Michael Beaudoin
Coldwell Banker Realty - Leominster
(978) 660-9795
2 in this area
233 Total Sales
-
Sherri Rogers
Buyer's Agent in 2021
Sherri Rogers
Coldwell Banker Realty - Leominster
(978) 587-5463
2 in this area
217 Total Sales
-
Steve Champa
Seller's Agent in 2013
Steve Champa
Champa Realty, Inc.
(508) 331-3459
82 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72952363
APN: LEOM-000042-000016
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