813-815 Main St, Leominster, MA 01453

$699,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$699,000
Status
ACTIVE
MLS#
73549063
Lot Size (Acres)
0.54
Year Built
1951

Property Description

Great investment opportunity! Ideal for investors and 1031 exchange buyers. These two free-standing commercial buildings along Main Street are ready for immediate rental income. Both buildings have been occupied by the same tenant for many years, including a restaurant and a home office, with a total monthly gross rent of $4,278. Both leases are active, and the tenant is responsible for all utilities and snow removal. The 2,138 sq ft restaurant received a full interior and exterior renovation between 2017 and 2018, including heating, AC, electrical, plumbing, roof, and more. The 844 sq ft home office building got a brand-new roof in 2018. There is ample off-street parking on site. Add this asset to your real estate portfolio right after purchase.

Additional Information

Taxes
$7,829

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Angela Cui from Listing Office: Keller Williams Realty.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.