86-88 Cottage St Leominster MA 01453 MLS #73299957

86-88 Cottage St
Leominster, MA, 01453
$849,900
6 Beds
4 Baths
4,050 SqFt
0.53 Acres
$849,900
86-88 Cottage St
Leominster, MA, 01453
LEOMINSTER INVESTMENT OPPORTUNITY! 4-Unit Income Property on half-acre lot well located close to town center. Featuring paved off-street parking; separate natural gas heat, separate electric, separate water heaters; many recent updates including new electrical 2020 upgraded from street and installed circuit breakers; new rubber roofs in back 2017; new front porch and front roof 2015; new roof and side porches 2011; 1st floor left – heating system 2011; 1st floor right – heating system 2018 and mini split 2019; 2nd floor left – installed heat pump & replaced gas range 2019. All units are below market rent. No leases – all units tenant-at-will. Close to major commuter routes, recreation areas, shopping areas and much more. Excellent turn-key investment! Rare Offering!!

Property Details

Price:
$849,900
MLS #:
73299957
Status:
Pending
Beds:
6
Baths:
4
Address:
86-88 Cottage St
Type:
Multi Family
Subtype:
4 Family
City:
Leominster
Listed Date:
Oct 8, 2024
State:
MA
Finished Sq Ft:
4,050
Total Sq Ft:
4,050
ZIP:
01453
Lot Size:
23,073 sqft / 0.53 acres (approx)
Year Built:
1890
Units:
4

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Vinyl, Carpet, Laminate
Heating
Natural Gas, Individual, Heat Pump
Laundry Features
Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T- Station
Construction Materials
Frame
Parking Features
Paved Drive, Shared Driveway, Common, Paved
Parking Spots
8
Roof
Shingle, Rubber

Financial

Net Operating Income
$40,200
Tax Year
2024
Taxes
$8,082
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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86-88 Cottage St
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