Realty Vision

14 Cottage Street, Leominster, MA 01453

Multi-Family

$289,000
Price
$150,640
Sale Price

3
Units
2,520
Approx. GLA
Family owned for 32 years, great location for this 3 family close to downtown Leominster. Long-term Renters in the 1st and 2nd floor, the 3rd floor needs to be renovated. 2nd floor is full deleading compliant. Bring your ideas to this sought after multi family and add this to your investments! Fully rented this will return an 8% cap. rate.
Highlights
Sale Price: $150,640
Settled Date: 1/5/2018 12:00:00 AM
Basement Features: Full
List Price: $289,000
Type: Multi-Family
Multi-Family Type: 3 Family - 3 Units Up/Down
Status: Sold
Beds: 6
Baths: 3
Units: 3
Year Built: 1900
Approx. GLA: 2,520
MLS#: 72258969
 
 
Interior
Basement: Yes
Electric Features: 100 Amps
Flooring: Wall to Wall Carpet
Energy: Insulated Windows, Insulated Doors
Hot Water: Natural Gas
Rooms: 14
Lead Paint: Certified Treated
Total Floors: 3
Exterior
Water: No
Acres: 0.04
Lot Size: 1,627.00
Lot Description: Corner
Foundation: Fieldstone
Parking Spaces: 3
Parking Features: Off-Street
Road Type: Public
Construction: Frame
Roof Material: Rubber
Utility: for Electric Oven
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $170,300
Taxes: $3,360
Tax Year: 2011
Book/Page: 2563/127
Beach
Beach: No
Expenses
Expenses Source: Tax Return
Gross Income: $11,345
Gross Expenses: $6,169
Total Rent: $945
Net Income: $5,176
Insurance Cost: $1,952
Water Cost: $933
 
 
Additional
Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station
Disclosure Declaration: No
Disclosure: See Escrow Agent Notification and Limitations disclosures attached.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 Yes 1 $500
Unit 2 5 5 0 2 1 0 Yes 1 $475
Unit 3 4 2 0 0 1 0 No 0
Units Extras
Unit 1
Applicances:  Range, Refrigerator  Rooms:  Living Room, Dining Room, Kitchen 
Unit 2
Applicances:  Range, Refrigerator  Rooms:  Living Room, Dining Room, Kitchen 
Map
Similar Properties
The listing office is Coldwell Banker Residential Brokerage - Leominster and the listing agent is Douglas Tammelin. 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 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 or leasing 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 or leasing. MLS Property Information Network, Inc. and it's 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. The data was last modified on 11/17/2018 10:35:00 AM.