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$1,100,000

Active

40-46 Cottage St

Leominster, MA, 01453

Multi-Family · MLS #73535093

Price/sqft

$169

Days on market

24 days

Year built

1900

Lot size

0.50 ac

6,500 sq ft

Sq Ft

0.50 acres

Lot

1900

Year Built

Taxes: $6,658 (2026)

About this home

Rare investment opportunity featuring two separate homes on one lot with excellent income potential. This unique property consists of a large 3-family offering spacious 2-bedroom units that could easily be converted into 3-bedroom units with minor modifications, creating additional upside for investors. The second building is a 2-family with a 2-bedroom unit on the first floor and a 1-bedroom unit on the second floor. All units feature in-unit washer and dryer hookups for added tenant convenience. The property also offers ample off-street parking, a highly desirable feature for tenants. Important exterior updates have already been completed, including a brand-new roof on the 2-family and a newer roof on the 3-family replaced just a few years ago. Whether you are looking to expand your portfolio or owner-occupy while generating strong rental income, this property offers flexibility, value-add potential, and long-term cash flow opportunity.

Location

40-46 Cottage St, Leominster, MA, 01453

Property details

Basement
Unfinished Basement

Listed by Nicolas Berthet-Garcia · Property Investors & Advisors, LLC

Schedule a showing

40-46 Cottage St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$6,535 / month

Down payment20% · $220,000
Interest rate6.43%

Loan term

Principal & interest
$5,522
Property tax
$555
Home insurance
$458

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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