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Excellent opportunity to acquire a cash-flowing 6-unit multifamily in Leominster! Currently generating $9,480/month in gross rental income ($113,760 annually) with five units occupied and one newly renovated vacant unit ready for its next tenant. The property offers strong in-place income from day one while leaving room for additional upside through minor cosmetic improvements to the remaining units and common areas. An attractive opportunity for an investor looking for a stabilized multifamily asset without taking on a major renovation project. Convenient location near downtown Leominster, shopping, restaurants and major routes.

More Info

Basic Information

  • Gross Income $113,760
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number 1577792

Tax Information

  • Tax Assessed Value $686,000
  • Tax Year 2025
  • Taxes$8,993

Parking

  • Covered Spaces 1
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces7

Rooms

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

Basic Information

  • List Price$877,000
  • MLS Number73578802
  • Modification Date09/17/2026
  • Property SubType5-9 Family

Location

  • Address113 Spruce
  • Building Number113
  • CountyWorcester
  • StateMA
  • StreetSpruce
  • TownLeominster
  • Zip01453

Building

  • BasementFull, Interior Entry
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Garage Spaces1
  • Levels 5
  • Patio And Porch Features Enclosed
  • Rooms22
  • Stories5
  • Units6
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.16

Exterior

  • RoofRubber

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,917
  • Lot Size Square Feet 7,117
  • Lot Size Units Acres
  • Square Feet4,917

Amenities

  • AmenitiesPublic Transportation, Shopping, Public School
  • Other AmenitiesBasement

Legal

  • ZoningRC

Other

  • Date Listed09/17/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Damon Amato of The Hive Real Estate LLC

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