$635,000
SOLD MAY 30, 2025

200 Main St Leominster, MA 01453

8 Beds
3 Baths
4,905 Sq Ft
7,310 Sq Ft Lot

Recently Sold

$129 Per Sq Ft

6% Above List Price

9 Days on Market

About This Home

As of May 2025

Great opportunity to own a nice Multi Family; Great for an investor or owner occupied; Good cash flow; Current rental income is $48,000 per year. There are 2 three-bedroom apartments and 1 two-bedroom apartment on the 3rd floor. Each unit has a washer/dryer hookup; washer/ dryers belong to the tenants. This property seems to be zoned as 4-8 family. As a bonus there is an attached single family type house as part of the property. This part of the house needs to be totally renovated but has great potential. There are 2 floors, and a basement and is laid out like a single-family home. Gas Heat; Off street parking. All 3 units are occupied. Notice is needed to arrange a showing.

Last Agent to Sell the Property

Greg Richard

Realty Executives Boston West Listed on: 04/07/2025

Realty Executives Boston West

Last Buyer's Agent

The Commonwealth Group

Coldwell Banker Realty - Waltham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,092

Year Built

  • Built in 1900

Lot Details

  • 7,310 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 4,905 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

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

Listing and Financial Details

  • Total Actual Rent $4,000
  • Assessor Parcel Number M:0056 B:0004 L:0000,1578125

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Electric Expense $650
  • Insurance Expense $7,175
  • Water Sewer Expense $1,600
  • Operating Expense $9,425
  • Net Operating Income $38,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,092

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Levels: 6
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partial
  • Above Grade Finished Sq Ft: 4905
  • Living Area: 4905
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: BB5398
  • MAIN SO: AN6181

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1600

Lot Info

  • Parcel Number: M:0056 B:0004 L:0000,1578125
  • Zoning: 99999
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7310
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7092

Multi Family

  • Electric Expense: 650
  • Insurance Expense: 7175
  • Net Operating Income: 38575
  • Number Of Units Total: 3
  • Operating Expense: 9425
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
05/30/2025 05/30/25 Sold $635,000 +5.8% $129 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $600,000 -- $122 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73356064

MLS Property Information Network (MLS PIN)