345 West St, Leominster, MA, 01453
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
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
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
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
- Cold Wave
- Hurricane
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
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 | $5,031 | $60,372 |
| Home Insurance * | $336 | $4,032 |
| Property Taxes | $1,036 | $12,432 |
| Electricity | $830 | $9,971 |
| Total | $7,233 | $86,796 |
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 |
|---|---|---|
| 2026-05-17 | Listed for sale | $995,000 |
| 2015-04-01 | Listing removed | $320,000 |
| 2015-03-20 | Listed for sale | $320,000 |
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