This Multifamily Property is Off-Market.

65 Main Street
Leominster, MA 01453 ·

39 Units · Multifamily For Sale

N/A

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39 UNITS - 10 Retail / 29 Apartments

Price N/A Commission Split 1.5%
No. Units 39 Cap Rate 8.80%
Building Size 45,620 SF No. Stories 3
Property Type Multifamily Year Built 1890
Property Sub-type
Government Subsidized
More...
  • Mid/High-Rise
  • Street Retail
Lot Size 21,837 SF
Property Use Type Investment
Listing ID: 14265589 Date Created: 07/11/2005 Last Updated: 05/30/2007

Description

10 RETAIL & 29 APARTMENTS in 3 Story brick building. Great Rental History (Retail is fully rented). Half of the Apartments have RHI leases (not required). Mainly elderly tenants. Very well maintained. Recent upgrades to Heating system.

Centrally located in busy downtown area, across the street from the post office and a municipal parking lot.

Highlights

  • THREE STORY BRICK BUILDING - 8.8% CAP RATE
  • 10 RETAIL & 29 APARTMENTS / (4+ more apts possible)
  • ELECTRIC - ALL SEPARATE TO EACH UNIT
  • HEAT - Mostly included w/rent, except for 4 Retail units
  • LAUNDRY AREA - Coin Operated Laundry on 2nd Floor
  • CLEAN 21E

Research

65 Main Street, Leominster, MA 01453 (Worcester County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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