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Well-maintained 6-family property in a great location, offering a strong investment opportunity. The building features a desirable mix of three large 2-bedroom units and three 1-bedroom units, giving it broad rental appeal. Set on a corner lot, there's plenty of off-street parking along with convenient access to the highway for easy commuting. The property has quiet, long-term tenants in place, providing steady income with room to grow. It's been well cared for and generates solid cash flow, while still coming with additional upside through future rent increases. Overall, a turnkey investment with a nice balance of stability and value-add potential.

More Info

Basic Information

  • Gross Income $108,600
  • Lot Features Corner Lot, Level
  • Mls StatusActive
  • Parcel Number 1577786

Tax Information

  • Tax Assessed Value $666,900
  • Tax Year 2025
  • Taxes$9,357

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces12

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms9
  • Full Bath6

Basic Information

  • List Price$999,900
  • MLS Number73502250
  • Modification Date05/29/2026
  • Property SubType5-9 Family

Location

  • Address45 Laurel Street
  • Building Number45
  • CountyWorcester
  • StateMA
  • StreetLaurel Street
  • TownLeominster
  • Zip01453

Building

  • BasementFull, Walk-Out Access
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 5
  • Rooms21
  • Stories5
  • Units6
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.31

Interior

  • Flooring Wood, Tile, Carpet

Exterior

  • RoofRubber

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,166
  • Lot Size Square Feet 13,291
  • Lot Size Units Acres
  • Square Feet5,166

Amenities

  • AmenitiesPublic Transportation, Highway Access
  • Other AmenitiesBasement

Legal

  • Zoningunknwn

Other

  • Date Listed04/15/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Patrick Hermans of J. Borstell Real Estate,Inc.

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