RE/MAX Journey

14 Prospect St, Leominster, MA 01453

Multi-Family

$329,000
Price

4
Units
6,114
Approx. GLA
Fantastic Investment property - 4 units - 5 bedrooms/3 bedrooms/ 2 bedrooms/ 2 bedrooms. The 5 bedroom unit has 2 floors, with a great master bedroom on the top floor with great sun in the afternoon and a large picture glass window. The 5 bedroom, the common area, and the exterior of the building was de-leaded and is certified. The complete property has been electrically upgraded and all units have their own meter. The front two units have their own furnace. The back units share one furnace. The 3 bedroom unit has high ceilings, a large living and dining room, good size kitchen, and hardwood floors. The back units are both 2 bedrooms and are in rough shape, they will need some work. The back yard is large and level, and a great area for kids to play. This property is one block from the Leominster train station, and in the same distance are many restaurants, stores and other services. At todays rates for rental units this property should be a great investment.
Open House
No scheduled Open Houses
Highlights
Basement Features: Partial, Walk Out, Unfinished Basement
List Price: $329,000
Type: Multi-Family
Multi-Family Type: 4 Family
Status: Active
Beds: 12
Baths: 4
Units: 4
Year Built: 1825
Year Round: Yes
Approx. GLA: 6,114
MLS#: 72257044
Interior
Basement: Yes
Electric Features: 220 Volts
Heating Units: 3
Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet
Fireplaces: 4
Hot Water: Oil
Rooms: 23
Lead Paint: Certified Treated
Total Floors: 3
UFFI: No
Exterior
Water: No
Acres: 0.78
Lot Size: 33,774.00
Lot Description: Paved Drive, Fenced/Enclosed
Foundation: Fieldstone
Parking Spaces: 10
Parking Features: Common, Paved Driveway
Road Type: Public
Color: White
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $223,200
Taxes: $4,403
Tax Year: 2017
Book/Page: 6265/360
Beach
Beach: No
Expenses
Gross Income: $28,800
Total Rent: $2,400
Net Income: $28,800
Additional
Exclusions: Statue of Mary in back yard.
Disclosure Declaration: Yes
Disclosure: Common area, exterior and the front Second Floor 5 bedroom unit has been de-leaded.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 3 1 1 1 0 No 1 $600
Unit 2 7 5 1 2 1 0 No 2 $600
Unit 3 4 2 0 3 1 0 No 1 $600
Unit 4 4 2 0 4 1 0 No 1 $600
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard  Interior:  Bathroom With Tub, Wood Flooring, Ceiling Fans, Cable TV Available  Rooms:  Living Room, Dining Room, Kitchen 
Unit 2
Rent Includes:  Water  Applicances:  Range  Heating:  Hot Water Baseboard  Interior:  Bathroom With Tub, Picture Window, Ceiling Fans, Cable TV Available, Lead Certification Available  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard  Interior:  Ceiling Fans  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Water  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard  Rooms:  Living Room, Kitchen 
Map
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The listing office is RE/MAX Journey and the listing agent is David King. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2017 12:35:00 PM.
 
David King
David King
Real Estate Professional
RE/MAX Journey