28 Prescott St, Leominster, MA, 01453
About This Home
Great investment opportunity in a prime location! This fully occupied 8-unit property is tucked away on a quiet side street just steps from downtown Leominster, offering convenience of shopping, restaurants and public transportation with strong tenant appeal. The building features 4 spacious 1-bedroom units, 2 oversized studio-style 2-room apartments, and 1 large 2-bedroom unit, all with great layouts, high ceilings, and abundant natural light. The units have been remodeled, providing updated interiors while maintaining character and charm. Ample off-street parking adds to the property’s desirability. Tenants pay their own electric (except unit 8) and heat, helping keep operating expenses low. Strong rental history with full occupancy makes this a solid addition to any investment portfolio! Rent roll and expenses available upon request.
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1905
Materials
- Foundation: Brick/Mortar,Other
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 5-9 Family
Interior
Appliances
- Appliances included: Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 8
- Full bathrooms: 8
Features
- Living Room,Kitchen
- Finished area above ground: 4,410
Interior Area
- Total structure area: 4,410
- Total interior livable area: 4,410 sqft
Property
Details
- Parcel number: M:0023 B:0009 L:0000,1577354
- Zoning: I
Features
- Patio & porch: Porch
Lot
- Lot size: 6,253 sqft
- Features: Level
Parking
- Total spaces: 8
- Parking features: Off Street,Paved
- Has uncovered spaces: Yes
- Uncovered spaces: 8
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,447 | $77,364 |
| Home Insurance * | $431 | $5,172 |
| Property Taxes | $1,328 | $15,936 |
| Electricity | $869 | $10,435 |
| Total | $9,075 | $108,900 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Listed for sale | $1,275,000 |
| 2020-10-15 | Sold | $456,900 |
| 2020-08-24 | Listed for sale | $456,900 |
For Sale by Agent
View on Zillow