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$937,500
Est. payment /mo
9 Beds
6 Baths
4,917 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,917 sqft
Price per Sqft $190
MLS Listing ID 73499966
Bedrooms 9
Full Baths 6
Year Built 1900
Annual Tax Amount $9,604
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type 5-9 Family
Property Description
113 Spruce Street in Leominster, Massachusetts — a six-unit multifamily asset consisting of three one-bedroom units and three two-bedroom units. The property provides off-street parking for every unit, along with an on-site laundry room. Situated on a corner lot at Spruce St and Wells Court in Leominster's French Hill neighborhood, the property overlooks Mechanic Street Park. Tenants benefit from excellent connectivity and proximity to major demand drivers: the MBTA Fitchburg Line is just a five minute drive (1.7 miles), providing commuter rail access to Boston; UMass Memorial Health Leominster is also a five minute drive away (1.7 miles); downtown Leominster is a short half-mile from the property; and the Mall at Whitney Field, home to national retailers, is also a five minute drive away (1.2 miles). This asset delivers day-one cash flow with no near-term capital expenditure requirements.
Location
State MA
County Worcester
Zoning RC
Direction Rt 2 to Exit 99, R on Lancaster St, L on Spruce St; #113.
Exterior
Garage Spaces 1.0
Total Parking Spaces 8
Garage Yes
Building
Lot Description Corner Lot
Story 5
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Marcus & Millichap Real Estate Investment Services
Nearby Locations
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Sherry Stallings
Broker Associate | License ID: 9572159
Broker Associate License ID: 9572159