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345 West St, Leominster, MA, 01453

8beds
4baths
4,214sqft
$995,000
$236price/sqft
$7,233/moest. monthly cost
$289,320/yrincome needed

About This Home

Investors take notice! Exceptional opportunity to own this beautifully maintained and recently remodeled 4-unit property generating nearly $100,000 in gross annual rental income. Located on a desirable corner lot in a quiet neighborhood, this turnkey multi-family offers long-term tenants, strong rental history, and pride of ownership throughout. Property features separate utilities with tenants paying their own utilities, energy-saving appliances, insulated closed-cell foam roof for improved efficiency, wall A/C units, electric fireplaces, intercom system, separate laundry room in basement, and 8 off-street parking spaces. Numerous updates have been completed, making this an ideal low-maintenance investment opportunity with excellent cash flow potential. Conveniently located near shopping, restaurants, local amenities, and major routes. A rare opportunity to add a solid income-producing asset to your portfolio.

Getting Around

34
WalkingCar-Dependent
21
TransitMinimal Transit
36
BikeSomewhat Bikeable

Schools

5/10
6/10
Sky View Middle SchoolGrades 6-83.0 mi
5/10

Construction

Condition

  • Year built: 1871

Materials

  • Foundation: Granite
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 4 Family

Interior

Appliances

  • Appliances included: ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Washer,ENERGY STAR Qualified Refrigerator,Range Hood,Range

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Laundry Room,Mudroom,Stone/Granite/Solid Counters,Open Floorplan,Cathedral/Vaulted Ceilings,Living Room,Kitchen
  • Finished area above ground: 4,214

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 4,214
  • Total interior livable area: 4,214 sqft

Property

Details

  • Parcel number: M:0115 B:0010 L:0000,1579361
  • Zoning: RA
  • Other equipment: Intercom
  • Exclusions: Tenants’ Personal Property Is Excluded From The Sale.

Features

  • Exterior features: Rain Gutters

Lot

  • Lot size: 7,725 sqft
  • Features: Corner Lot,Level

Parking

  • Total spaces: 8
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8