Leominster Real Estate, 54-56 North Main St: LRG Boston, #73478773

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54-56 North Main St, Leominster, MA

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Unit Information

The property currently generates approximately $110,784 in gross annual rental income, offering strong in-place cash flow with upside through targeted improvements and operational efficiencies. This 5-unit multi-family investment at 54–56 North Main Street includes 9 bedrooms and 5 full baths across approximately 4,165 sq ft. Units feature a mix of 1- and 3-bedroom layouts, each with its own kitchen and full bath. Set on a 0.53-acre lot, the property offers 11 off-street parking spaces, a full unfinished basement for additional storage, and a durable vinyl exterior. Tenants are in place, providing immediate income. Conveniently located near downtown Leominster, shopping, dining, and major routes. Please see the attached Income & Expense Summary for full financial details. A solid opportunity for investors seeking a well-located, income-producing multi-family property with upside potential.

Additional Details: Status: NEW; Type: Multi-Family, 5+ Family - 5+ Units Up/Down; Zip Code: 01453; Levels: 6
Parking: Garage Capacity: 11; Parking: Paved Drive, Off Street; Parking Spaces: 11

Rooms and Dimensions: Total Units: 5; Total Floors: 6; Total Rooms: 21

$1,265,000

Status: New
Listing ID: 73478773
Bedrooms: 9
Full Baths: 5
Living Area: 4,165 sqft 387 m² Convert
Lot Size: 22,986 sqft 2,135 m² Convert
Acres: 0.53
View description

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