$1,100,000 ($169.23 per sqft)

Est. Mortgage $5,276/mo *

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40-46 Cottage St, Leominster, MA, 01453

40-46 Cottage St, Leominster, MA, 01453
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23 rooms

9 beds

5 Full baths

1900

6,500 sqft

Rare investment opportunity featuring two separate homes on one lot with excellent income potential. This unique property consists of a large 3-family offering spacious 2-bedroom units that could easily be converted into 3-bedroom units with minor modifications, creating additional upside for investors. The second building is a 2-family with a 2-bedroom unit on the first floor and a 1-bedroom unit on the second floor. All units feature in-unit washer and dryer hookups for added tenant convenience. The property also offers ample off-street parking, a highly desirable feature for tenants. Important exterior updates have already been completed, including a brand-new roof on the 2-family and a newer roof on the 3-family replaced just a few years ago. Whether you are looking to expand your portfolio or owner-occupy while generating strong rental income, this property offers flexibility, value-add potential, and long-term cash flow opportunity.

Status:

Active

Type:

Multi-family

Units:

5

Zoning:

RC

Basement:

Unfinished

Levels:

5

Parking:

12-car, Paved Drive

Acreage:

0.5

Est. Taxes:

$6,658

Assessment

$487,400

Lot Description:

Level

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access

MLS #:

73535093

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Nicolas Berthet-garcia, Property Investors & Advisors, LLC 774-413-0272