MA
Worcester
Leominster
01453
113 Spruce St
113 Spruce St, Leominster, MA 01453
Share Listing
Listing Type
Multi Family
Listing Status
Active
23
$877,000

Home Details for 113 Spruce St

Price
$877,000
Type
Residential Income
Bedrooms
9
Total Bathrooms
6
Full Bathrooms
6
Square feet
4917
Year built
1900
Lot size acres
0.16
County
Worcester
Total rooms
22
Garage
1
Basement
Full, Interior Entry
MLS Listing#
73578802
Property Description

Excellent opportunity to acquire a cash-flowing 6-unit multifamily in Leominster! Currently generating $9,480/month in gross rental income ($113,760 annually) with five units occupied and one newly renovated vacant unit ready for its next tenant. The property offers strong in-place income from day one while leaving room for additional upside through minor cosmetic improvements to the remaining units and common areas. An attractive opportunity for an investor looking for a stabilized multifamily asset without taking on a major renovation project. Convenient location near downtown Leominster, shopping, restaurants and major routes.

Property Features
  • Parking
    • Paved
    • Off Street
  • Basement
    • Full
    • Interior Entry
  • Water Features
    • Public
Listing Courtesy: The Hive Real Estate LLC - 860-786-2854
Presented by: Damon Amato
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT NEW OPTIONS REAL ESTATE
12 Main Street, Leominster, MA 01453
Office
888 363 3948
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