This property is Off-Market
65 Main Street
Leominster, MA 01453 ·
39 Units · Multifamily For Sale
39 UNITS - 10 Retail / 29 Apartments
|No. Units||39||Cap Rate||8.80%|
|Building Size||45,620 SF||No. Stories||3|
|Property Type||Multifamily||Year Built||1890|
|Lot Size||21,837 SF|
|Property Use Type||Investment|
|Listing ID: 14265589||Date Created: 07/11/2005||Last Updated: 05/30/2007|
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.
- 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
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