Property Description

**Attention Investors-This is a must see!** 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 recent 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!

Features

Basement : Partial, Concrete

Parking : Common, Off Street, Paved, Paved Drive

Appliances : Range, Refrigerator, Washer, Dryer

Construction : Frame

Sewer : Public Sewer

Water : Public

Disclosure : Garage Parking Available For 1 Or 2 Cars - Parking Is An Additional Monthly- See Agent For More Info

Electric Feature : Circuit Breakers, 110 Volts

Garage Parking

Interior Features : Kitchen, Living Room, Laundry Room

Lead Paint : Unknown

Additional Information

Market Time : 17

Parking Spaces : 8

Tax Year : 2024

Status : Active

Price Per Sqft : $245

Zoning : Res

No Units : 4

Orig Price : $625,000

LEASE : Yes

Waterfront : No

MlsStatus : Active

Address Map

City : Leominster

State : Massachusetts

County : Worcester

Postal Code : 01453

Longitude : W72° 14' 36''

Latitude : N42° 31' 43.5''

Google Map

Residential Income

50 Summer St, Leominster, Massachusetts

5 Bedrooms

4 Bathrooms

10,700 Sqft

$625,000

Listing ID #73364160

Basic Details

Property Type : Residential Income

Listing Type : For Sale

Price : $625,000

Bedrooms : 5

Rooms : 13

Bathrooms : 4

Square Footage : 10,700 Sqft

Year Built : 1920

Lot Area : 0.25 Acre

Listing ID : 73364160

BathroomsFull : 4

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Agent info

srobb@robbenterprises.com

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The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.