Great investment opportunity in the heart of Leominster! This five unit property sitting on almost 3/4 of an acre has great value add potential with low overhead expense. Separate utility with electric heat and hot water provide for no boiler repairs or replacement costs. Potential for additional units to be built. Long standing tenants with $103,800 in gross rents. Come see this amazing offering at a 7% Cap.
- Basement: Partial
- Basement: Unfinished
- Building Area: 4396.00 SF
- Cross Docks: N
- Exterior: Sidewalk
- Exterior Description: Wood Frame
- Exterior Living Space: Porch
- Flooring: Hardwood
- Flooring: Tile
- Flooring: Laminate
- For Auction: N
- Full Bathrooms: 5
- Garage Description: No Garage
- Heating - Fuel Type: Electric
- Lot Description: Level
- Lot Size In Text: 0.69 Acres
- MLSID: 73437931
- Parking Places: 0
- Price Per Area: 227.46
- Price Upon Request: N
- Roof: Slate Roof
- Roof: Rubber
- Style: Other Style
- Sublease: N
- Water: Municipal Water
- Year Built: 1900