345 West St, Leominster, MA 01453
Worcester County
Key Facts
Description
Investors take notice! Exceptional opportunity to own this beautifully maintained and recently remodeled 4-unit property generating nearly $100,000 in gross annual rental income. Located on a desirable corner lot in a quiet neighborhood, this turnkey multi-family offers long-term tenants, strong rental history, and pride of ownership throughout. Property features separate utilities with tenants paying their own utilities, energy-saving appliances, insulated closed-cell foam roof for improved efficiency, wall A/C units, electric fireplaces, intercom system, separate laundry room in basement, and 8 off-street parking spaces. Numerous updates have been completed, making this an ideal low-maintenance investment opportunity with excellent cash flow potential. Conveniently located near shopping, restaurants, local amenities, and major routes. A rare opportunity to add a solid income-producing asset to your portfolio.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1871
Stories
4
Living Area
4,214 sq ft
Lot Size
0.18 acres
Parking Spaces
8
Zoning
RA
Days on Market
4
MLS® Listing#
73520306
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Basement
Parking
Lot Features
Construction
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$9,921
Tax year 2026
Assessed Value
$726,300
Parcel Number
M:0115 B:0010 L:0000,1579361
Directions
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Affordability Calculator
$199,000
Estimated monthly payment
$5,296/mo
Principal $796,000 · Est. interest $1,110,491 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Leominster, MA
- $541,667
- Median Listing Price
- 31
- Median Days on Market
- 2,121
- Median Sq Ft
- $271
- Median Price / Sq Ft
- 76
- Active Listings
- This home’s price is 84% above the area median.
- Its price per sq ft is 13% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Leominster, MA.
Location
Points of Interest in Leominster, MA
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Nearby Schools
Leominster High School
Secondary · 0.3 mi away
Center for Technical Education Innovation
Secondary · 0.3 mi away
Leominster Center for Excellence
Secondary · 0.3 mi away
Leominster Public Schools
School · 0.8 mi away
St Leo School
School · 0.9 mi away
Bennett School
School · 1.0 mi away
Priest Street
Elementary · 1.1 mi away
Adventure Kids
School · 1.3 mi away
St Anna Catholic School
School · 1.6 mi away
Southeast Elementary School
Elementary · 1.9 mi away
Frances Drake School Pto
Elementary · 1.9 mi away
Johnny Appleseed School
Elementary · 2.1 mi away
Kings Corner Learning Center
School · 2.5 mi away
Fallbrook Elementary School
Elementary · 2.7 mi away
St Bernard's Elementary School
Elementary · 2.7 mi away
Condor Aircraft Technical School
Secondary · 2.7 mi away
South Street Elementary School
Elementary · 2.7 mi away
Fitchburg Public Schools
School · 2.7 mi away
St Anthony Elementary School
Elementary · 2.8 mi away
Maverick Street School
School · 2.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 29-31 Cotton St, Leominster, MA | $749,000 | 7 | 3 | 3,288 |
| 105 Spruce Street, Leominster, MA | $799,995 | 11 | 3 | 3,556 |
| 26 Orchard St, Leominster, MA | $999,000 | 9 | 5 | 4,310 |
| 54-56 North Main St, Leominster, MA | $999,500 | 9 | 5 | 4,165 |
| 45 Laurel St, Leominster, MA | $999,900 | 9 | 6 | 5,166 |
| 40-46 Cottage St, Leominster, MA | $1,050,000 | 9 | 5 | 6,500 |
Moving Cost Estimate
EXIT Agents in Leominster
Listing Courtesy: Faith Realty, LLC - 7746969818
Presented by: Adriana Nunes