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$ 785,000
Est. payment /mo
New
16 Depot Square Leominster, MA 01453
8 Beds
6.5 Baths
5,588 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,588 sqft
Price per Sqft $140
MLS Listing ID 73462923
Bedrooms 8
Full Baths 6
Half Baths 1
Year Built 1900
Annual Tax Amount $10,421
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type 5-9 Family
Property Description
Prime mixed-use opportunity in the heart of downtown! This fully occupied building features five residential apartments and one street-level commercial space, all with long-term tenants in place. A solid income producer with strong rental history, offering immediate cash flow and value-add potential. Deeded parking adds rare and valuable convenience for the residential tenants and plenty of street parking for commercial occupants. Ideal for investors seeking a stable asset in a high-demand location with nearby amenities, shops, dining, and public transportation. Don't miss this chance to own a cornerstone property in a thriving downtown setting. All unit photos, floorplan, expenses and rent roll available upon request.
Location
State MA
County Worcester
Zoning Mixed use
Direction Water St to Depot Square
Rooms
Basement Full
Interior
Heating Natural Gas
Flooring Varies
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Sidewalks
Roof Type Shingle
Total Parking Spaces 7
Garage No
Building
Lot Description Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate