40-44 Cottage St, Leominster, MA 01453
40-44 Cottage St, Leominster, MA 01453
40-44 Cottage St, Leominster, MA 01453
40-44 Cottage St, Leominster, MA 01453
40-44 Cottage St, Leominster, MA 01453
40-44 Cottage St, Leominster, MA 01453
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Jesiane Fernandes

Jesiane Fernandes

+1(401) 359-6364
$ 1,100,000
Est. payment | /mo

9 Beds

5 Baths

6,500 SqFt

Save
$ 1,100,000
Est. payment | /mo
Save

9 Beds

5 Baths

6,500 SqFt

Open House

Wed Jun 17, 4:30pm - 5:30pm

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,500 sqft

Price per Sqft $169

MLS Listing ID 73535093

Bedrooms 9

Full Baths 5

Year Built 1900

Annual Tax Amount $6,658

Tax Year 2026

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type 5-9 Family

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.

Location

State MA

County Worcester

Zoning RC

Direction USE GPS

Rooms

Basement Unfinished

Interior

Fireplaces Number 1

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access

Roof Type Shingle

Total Parking Spaces 12

Garage No

Building

Lot Description Level

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Property Investors & Advisors, LLC
Jesiane Fernandes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(401) 359-6364

kriolahomes@gmail.com

843 Reservoir Ave, Cranston, RI, 02910-4443, USA

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40-44 Cottage St