NOT LISTED FOR SALE

309 Lancaster St Leominster, MA 01453

9 Beds
5 Baths
3,148 Sq Ft
10,330 Sq Ft Lot

Last Sold August 05, 2022

Last sale price $581,500 $185 Per Sq Ft

71 Days on Market

About This Home

As of August 2022

Welcome to 309 Lancaster St! This 5 unit multi family is perfect for an investor looking to hold long term. With 3 one bedroom units and 2 three bedroom units, this property has plenty of potential to cash flow. Roof, Siding, and Decking are all brand new and ready for you to collect rent! Perfect for an investor looking to add to their portfolio.

Last Agent to Sell the Property

Sofia Vasconcelos

Four Points Real Estate, LLC Listed on: 03/23/2022

Last Buyer's Agent

Ferrari Property Group

Keller Williams Pinnacle Central

Keller Williams Pinnacle Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,759

Year Built

  • Built in 1910

Lot Details

  • 10,330 Sq Ft Lot

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,148 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Open Parking

Utilities

  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $4,950
  • Assessor Parcel Number M:0484 B:0007 L:0000,1587302

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $59,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,759

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • 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: 7

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater,Electric Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full
  • Living Area: 3148
  • Stories Total: 7
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 190.57
  • PRICE PER Sq Ft: 184.72
  • MAIN SO: K95491

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer, Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0484 B:0007 L:0000,1587302
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10330
  • Lot Size Units: Acres
  • PAGE: 156

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4759
  • Tax Book Number: 9163

Multi Family

  • Gross Income: 59400
  • Net Operating Income: 59400
  • Number Of Units Total: 5
  • Total Actual Rent: 4950
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 1

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
08/05/2022 08/05/22 Sold $581,500 -3.1% $185 / Sq Ft
07/23/2022 07/23/22 Off Market $599,900 -- --
06/03/2022 06/03/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $599,900 0.0% $191 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $599,900 -- $191 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sofia Vasconcelos

    Four Points Real Estate, LLC

    (888) 944-5827

    1 in this area

    16 Total Sales

    Sofia Vasconcelos
    Section Image

  • F

    Buyer's Agent in 2022

    Ferrari Property Group

    Keller Williams Pinnacle Central

    (508) 754-3020

    8 in this area

    164 Total Sales

    Ferrari Property Group
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72956755

MLS Property Information Network (MLS PIN)
Massachusetts Worcester County Leominster 01453

309 Lancaster St, Leominster, MA

This home is located at 309 Lancaster St, Leominster, MA 01453 since 23 March 2022. This property was built in 1910. 309 Lancaster St is a home located in Worcester County with nearby schools including Leominster High School, St. Anna Catholic School, and St. Leo School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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