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$1,265,000
New Listing

54-56 North Main St
Leominster, MA 01453

For Sale|Multi Family|Active
9
Beds
5
Total Baths
5
Full Baths
4,165
SqFt
$304
/SqFt
1920
Built
County:
Worcester
Call Now: (508) 667-4931
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(508) 667-4931
Upcoming Open Houses
Sat, Feb 21, 1:00 PM - 3:00 PM
54-56 North Main St54-56 North Main St54-56 North Main St54-56 North Main St
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The property currently generates approximately $110,784 in gross annual rental income, offering strong in-place cash flow with upside through targeted improvements and operational efficiencies. This 5-unit multi-family investment at 54–56 North Main Street includes 9 bedrooms and 5 full baths across approximately 4,165 sq ft. Units feature a mix of 1- and 3-bedroom layouts, each with its own kitchen and full bath. Set on a 0.53-acre lot, the property offers 11 off-street parking spaces, a full unfinished basement for additional storage, and a durable vinyl exterior. Tenants are in place, providing immediate income. Conveniently located near downtown Leominster, shopping, dining, and major routes. Please see the attached Income & Expense Summary for full financial details. A solid opportunity for investors seeking a well-located, income-producing multi-family property with upside potential.

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Listing Snapshot
Price 
$1,265,000
Days On Site 
0 Days
Bedrooms 
9
Inside Area (SqFt) 
4,165 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.53 Acres
Year Built 
1920
MLS® Number 
73478773
Status 
Active
Property Tax 
$9,612
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing updated with changes from the MLS®
8 hours agoListing first seen on site
General Features
Acres 
0.53
Disclosures 
Buyers responsible for own due diligence
Foundation 
Stone
Number Of Stories 
6
Parking 
PavedOff Street
Parking Spaces 
11
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
4165
SqFt Total 
4165
Water Source 
Public
Zoning 
RB
Interior Features
Appliances 
RangeMicrowaveRefrigeratorDishwasher
Basement 
FullUnfinished
Heating 
Natural GasOil
Interior 
Ceiling Fan(s)
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Exterior Features
Construction Details 
Frame
Roof 
Shingle
Community Features
Community Features 
Park
Schools
School District
Unknown
Elementary School
Northwest Elementary School
Middle School
Sky View Middle School
High School
Leominster Senior High School
Listing courtesy of Team Lillian Montalto of Lillian Montalto Signature Properties



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2026-02-20 03:01 AM UTC

Neighborhood & Commute
Source: Walkscore
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