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9 Beds
5 Baths
6,500 sqft

$1,050,000

40-46 Cottage St, Leominster MA, 01453

Price per sqft$161.54
Built in1900
Property size6,500 sqft
Property typeMulti-family

Overview

Active

Listed Jun 10, 2026

Updated 4 weeks ago

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.

$6,986/mo

Est. mortgage payment based on a $1,050,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73535093

Interior Features

Bedrooms
9
Bathrooms
5
Fireplace
Yes
Basement
Yes

Exterior Features

Lot Size
0.5 Acres

Other Property Details

Taxes
$6,658
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Nicolas Berthet-Garcia with Property Investors & Advisors, LLC

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Data last updated 4:46 AM UTC, 9/4/2026

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