NOT LISTED FOR SALE

188 5th St Leominster, MA 01453

6 Beds
4 Baths
2,700 Sq Ft
4,792 Sq Ft Lot

Last Sold September 10, 2021

Last sale price $407,000 $151 Per Sq Ft

57 Days on Market

Highlights

  • Jogging Path
  • Laundry Room
  • Shops
  • Park

About This Home

As of September 2021

Great 4 unit property conveniently located off Rt 2/I90. The first floor has two large one bedroom units and the second floor 2 units with 2 bedrooms each. There is plenty of off-street parking and a private backyard area for the tenants to enjoy. Utilities are separated and there is a laundry room for the building with coin-op machines for additional income (not included). Seller has Lead certificates on hand for all units. This property was professionally managed for 10 years and is very well maintained. Perfect for someone looking to owner occupy or buy as an investment to be added to your existing portfolio. Property is fully occupied and the only showings will be on Sat 5/1 and Sun 5/2 from 1-2pm.

Last Agent to Sell the Property

Candor Realty Group

Four Points Real Estate, LLC Listed on: 04/27/2021

Co-Listed By

Matthew Perimian

eXp Realty

Last Buyer's Agent

Mati Alcantara

Century 21 XSELL REALTY

Century 21 XSELL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,869

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 2,700 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Listing and Financial Details

  • Total Actual Rent $3,179
  • Assessor Parcel Number M:0044 B:0045 L:0000,1577872

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Recreation

  • Park
  • Jogging Path

Additional Features

  • Shops
  • Net Operating Income $38,148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,869

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Laundry Room
  • Basement: Full
  • Living Area: 2700
  • Stories Total: 6
  • MAIN LO: AN5498
  • MAIN SO: AN2314

Exterior Features

  • Foundation Details: Stone
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Park, Walk/Jog Trails, Highway Access

Lot Info

  • Parcel Number: M:0044 B:0045 L:0000,1577872
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 5000

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3869

Multi Family

  • Net Operating Income: 38148
  • Number Of Units Total: 4
  • Total Actual Rent: 3179
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • 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
09/10/2021 09/10/21 Sold $407,000 +2.0% $151 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $399,000 0.0% $148 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $399,000 +157.4% $148 / Sq Ft
09/30/2014 09/30/14 Sold $155,000 -26.2% $57 / Sq Ft View Prior Sale
08/31/2014 08/31/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $209,900 -- $78 / 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 $6,189 $441,100 $105,400 $335,700
2024 $5,769 $397,600 $100,300 $297,300
2023 $5,753 $370,200 $87,300 $282,900
2022 $5,427 $327,700 $75,900 $251,800
2021 $3,869 $213,400 $59,000 $154,400
2020 $3,781 $210,300 $55,900 $154,400
2019 $3,298 $177,900 $50,300 $127,600
2018 $3,193 $165,200 $48,800 $116,400
2017 $3,109 $157,600 $45,600 $112,000
2016 $2,937 $150,000 $45,600 $104,400
2015 $2,916 $150,000 $45,600 $104,400
2014 $2,994 $158,500 $50,000 $108,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72820922

MLS Property Information Network (MLS PIN)
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