NOT LISTED FOR SALE

35 Lancaster St Leominster, MA 01453

8 Beds
4 Baths
3,483 Sq Ft
6,970 Sq Ft Lot

Last Sold July 12, 2024

Last sale price $690,000 $198 Per Sq Ft

58 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Porch
  • Solar Power System
  • Wood Flooring
  • Living Room

About This Home

As of July 2024

Welcome to 33-35 Lancaster Street. Hard to find 4 family in the heart of the city of Leominster. Two apartments have 2 bedrooms and the 3rd floor apartment has 3 bedrooms. Great commuter location, close to shopping, restaurants and walking distance to the downtown. Large rooms, hardwood floors, washer and dryer hookups in each unit, off street parking, all units are individually metered for gas and electric. 1st floor and 3rd floor apartments are vacant. Add this positive cash flow property to your portfolio. Rents are below the current market rate.

Last Agent to Sell the Property

Doug Tammelin

Coldwell Banker Realty - Leominster Listed on: 04/11/2024

Coldwell Banker Realty - Leominster

Last Buyer's Agent

Mauricio Menezes

One Way Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,727

Year Built

  • Built in 1900

Lot Details

  • 6,923

Home Design

  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,483 Sq Ft Home
  • Living Room
  • Dining Room
  • Range
  • Partially Finished Basement

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Utilities

  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • 100 Amp Service

Additional Features

  • Solar Power System
  • Porch
  • 6,923 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $3,300
  • Rent includes unit 1(water), unit 2(water), unit 4(water)

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Building Details

  • Electric Expense $250
  • Insurance Expense $3,000
  • Water Sewer Expense $1,500
  • Operating Expense $4,750
  • Net Operating Income $25,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,727

Year Built

Built in 1900

Lot Details

6,923 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Laminate, Hardwood
  • Interior Amenities: Living Room, Dining Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Partially Finished
  • Living Area: 3483
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN6181
  • MAIN SO: AN3452

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Individual
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, Private School, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1500

Lot Info

  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6923
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Generation: Solar

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6727

Multi Family

  • Electric Expense: 250
  • Insurance Expense: 3000
  • Net Operating Income: 25500
  • Number Of Units Total: 4
  • Operating Expense: 4750
  • Total Actual Rent: 3300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
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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
07/12/2024 07/12/24 Sold $690,000 0.0% $198 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $689,900 0.0% $198 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $689,900 -- $198 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73222903

MLS Property Information Network (MLS PIN)
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