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Backup Offers

94 Central St, Leominster, MA, 01453

$584,900

Home List Price

$6,946*

Closing Credit

6 Bedrooms
4 Full Baths, 1 Partial
2,868 SqFt
$204/SqFt
Multi

Location

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94 Central St, Leominster$584,900

Buyer Closing Credits

$6,946*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street
Year Built1900
HeatingForced Air, Natural Gas, Electric
BasementYes
MLS #73302438
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Contingent)

About 94 Central St

Attention Investors! Explore this exceptional multifamily investment opportunity in the heart of downtown Leominster! This fully occupied 5-unit property spans three levels and includes two 1-bedroom units, a studio, and two commercial spaces. Currently producing a 7.9% cap rate, this property offers not only immediate income but also potential for future rent increases, as most units are nearing market rent. Recent upgrades include new water heaters and furnaces installed in 2023 and a new front deck, ensuring efficiency and reliability. With a driveway on each side and ample parking in the rear, it provides convenience for tenants and businesses alike. Don’t miss out on this promising investment! Buyer/Buyer's agent to do own due diligence. Listing agency has vested interest. Seller has never occupied property.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 2,868 SqFt

Listing Office:

  • Office Name: Four Points Real Estate, LLC
  • Office Phone: (888) 944-5827
  • Listing Agent: Candor Realty Group

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Vinyl / VCT
  • Interior: Living Room, Kitchen, Living RM/Dining RM Combo

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Paved Drive, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Electric

Other

Directions Information:

  • Directions: Please use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $584,900
  • Price Per SqFt: $204/SqFt

Tax Information:

  • Annual Amount: $4,096
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Leominster, MA.

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Leominster, MA

City

Med. Sold Price

$437.5K

Med. Price/SqFt

$258

Avg. Days On Market

24

# of Sold Homes

31

94 Central St vs Leominster

33 DAYS ON ROCKET

+9 Days

$584,900

+$147.4K More

$204/SqFt

-$54 Less

KEY TAKEAWAY

This property is $147.4K more than the Median Sold Price and $54/SqFt less than other homes in Leominster, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73302438

Listing Office:

  • Office Name: Four Points Real Estate, LLC
  • Office Phone: (888) 944-5827
  • Listing Agent: Candor Realty Group

IDX Disclaimer: The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 5:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 30, 2015Home Sold
$91,000
Dec 23, 1997Home Sold
$38,900

Tax History

YEARPROP. TAXASSESSMENT
2021$4,096$225,900
2020$4,062$225,900
2019$3,612$194,800
2018$3,505$181,300
2017$3,409$172,800

History based on county public records data.

Payment Calculator

$2,987

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-485391
5
/10

  • Frances Drake Elementary School

  • 95 Viscoloid Ave

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-485392
5
/10

  • Northwest Elementary School

  • 45 Stearns Ave

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-485393
7
/10

  • Fall Brook Elementary School

  • 25 Decicco Dr

  • 1.96 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,000. The majority of Leominster, MA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Worcester County›Leominster›01453›94 Central St

This home is located at 94 Central St in Leominster, MA and zip code 01453. This 2,868 square foot home, which was built in 1900, sits on a 0.16 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $584,900.

Over 23 listings were sold over their listed price in October 2024 in Leominster, MA. In the same period over 4 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Leominster, MA decreased by 8.7% between September 2024 and October 2024. In October 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $437,500.

From Rocket Homes Real Estate and based on county public records data.

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