40-46 Cottage St, Leominster, MA 01453
- $1,050,000
- 9
- BD
- 5
- BA
- 6,500
- SqFt
- List Price
- $1,050,000
- Price Change
- ▼ $50,000 1783727920
- Status
- ACTIVE
- MLS#
- 73535093
- Bedrooms
- 9
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 6,500
- Lot Size (Acres)
- 0.5
- Year Built
- 1900
Property Description
Rare investment opportunity featuring two separate homes on one lot with excellent income potential. This unique property consists of a large 3-family offering spacious 2-bedroom units that could easily be converted into 3-bedroom units with minor modifications, creating additional upside for investors. The second building is a 2-family with a 2-bedroom unit on the first floor and a 1-bedroom unit on the second floor. All units feature in-unit washer and dryer hookups for added tenant convenience. The property also offers ample off-street parking, a highly desirable feature for tenants. Important exterior updates have already been completed, including a brand-new roof on the 2-family and a newer roof on the 3-family replaced just a few years ago. Whether you are looking to expand your portfolio or owner-occupy while generating strong rental income, this property offers flexibility, value-add potential, and long-term cash flow opportunity.
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Additional Information
- Taxes
- $6,658
- Parking Description
- Paved Drive
- Lot Description
- Level
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Nicolas Berthet-Garcia from Listing Office: Property Investors & Advisors, LLC.
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