113 Spruce, Leominster, MA 01453
- $877,000
- 9
- BD
- 6
- BA
- 4,917
- SqFt
- List Price
- $877,000
- Status
- NEW
- MLS#
- 73578802
- Year Built
- 1900
- Levels
- 5
- Bedrooms
- 9
- Bathrooms
- 6
- Acres
- 0.16
- Living Area
- 4,917
Property Description
Excellent opportunity to acquire a cash-flowing 6-unit multifamily in Leominster! Currently generating $9,480/month in gross rental income ($113,760 annually) with five units occupied and one newly renovated vacant unit ready for its next tenant. The property offers strong in-place income from day one while leaving room for additional upside through minor cosmetic improvements to the remaining units and common areas. An attractive opportunity for an investor looking for a stabilized multifamily asset without taking on a major renovation project. Convenient location near downtown Leominster, shopping, restaurants and major routes.
Additional Information
- Taxes
- $8,993
- Lot Desc
- Corner Lot
- Lot Size
- 7,117
- Sewer
- Public Sewer
- Water Source
- Public
- Exterior
- Frame
- Garage Spaces
- 1
- Parking Spaces
- 7
Mortgage Calculator
Listing courtesy of Listing Agent: Damon Amato from Listing Office: The Hive Real Estate LLC.
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