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$ 1,100,000
Est. payment /mo
Active
40-46 Cottage St Leominster, MA 01453
9 Beds
5 Baths
6,500 SqFt
UPDATED:
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