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$ 625,000
Est. payment /mo
Active
50 Summer St Leominster, MA 01453
5 Beds
4 Baths
2,550 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $245
MLS Listing ID 73364160
Bedrooms 5
Full Baths 4
Year Built 1920
Annual Tax Amount $6,850
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type 4 Family
Property Description
**Attention Investors-This is a must see!, particularly if you're completing a 1031 exchange** Fully leased, Turn-key, 4 unit with many system updates. Separated utilities and ample parking. Cap rate of 6.7%. All units above grade and on leases, 2025 updates: New Forced Air furnace for Unit 3 (2nd floor) & chimney flue liner. Other updates include Blown-in Insulation; building electric & gas fully separated and updated, Roof replaced. Building plumbing & unit water heaters were updated on various dates. This is the one you've been waiting for - Don't Miss Out!
Location
State MA
County Worcester
Zoning Res
Direction Main St or Water St to Summer St
Rooms
Basement Partial, Concrete
Interior
Interior Features Living Room, Kitchen, Laundry Room
Appliance Range, Refrigerator, Washer, Dryer
Exterior
Roof Type Shingle
Total Parking Spaces 8
Garage No
Building
Lot Description Gentle Sloping
Story 7
Foundation Block, Stone, Brick/Mortar, Irregular
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Keller Williams Realty
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