BEDS9
BATHS5 full
SQUARE FEET6,500
MLS#73535093
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Fireplaces: 1
Lot Size: 0.50 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $6,658
Year Built: 1900
Feature Descriptions
Building Area Total: 6500
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Dwelling Type: 5-9 Family
Fireplace Y/N: Yes
Lot Features: Level
Open Parking Y/N: Yes
Parcel Number: M:0009 B:0011 L:0000,1577106
Parking Features: Paved Drive
Parking Total: 12
Rooms Total: 23
Sewer: Public Sewer
Units: 5
Water: Public
Listed By / Shown By
Listed By
Agency Name: Property Investors & Advisors, LLC
Agent Name: Nicolas Berthet-Garcia
Agency Phone: 774-413-0272
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 3,323.79 per month $2,448.12 Principal & Interest $554.83 Property Tax $320.83 Homeowner's Insurance
40-44 Cottage St | MLS# 73535093
This multi-family property located at 40-44 Cottage St, Leominster, MA 01453 is currently listed for sale with an asking price of $1,100,000. Search Leominster real estate on www.masiellogrouprealestate.com today.