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9 Beds
5 Baths
4,165 sqft

$999,500

54-56 North Main St, Leominster MA, 01453

Price per sqft$239.98
Built in1920
Property size4,165 sqft
Property typeMulti-family

Overview

Active

Listed Feb 19, 2026

Updated 4 weeks ago

The property currently generates approximately $110,784 in gross annual rental income, offering strong in-place cash flow with upside through targeted improvements and operational efficiencies. This 5-unit multi-family investment at 54–56 North Main Street includes 9 bedrooms and 5 full baths across approximately 4,165 sq ft. Units feature a mix of 1- and 3-bedroom layouts, each with its own kitchen and full bath. Set on a 0.53-acre lot, the property offers 11 off-street parking spaces, a full unfinished basement for additional storage, and a durable vinyl exterior. Tenants are in place, providing immediate income. Conveniently located near downtown Leominster, shopping, dining, and major routes. Please see the attached Income & Expense Summary for full financial details. A solid opportunity for investors seeking a well-located, income-producing multi-family property with upside potential.

$6,650/mo

Est. mortgage payment based on a $999,500 home price.

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

Additional information

MLS® ID
73478773

Interior Features

Bedrooms
9
Bathrooms
5
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.53 Acres

Other Property Details

Taxes
$9,612
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Team Lillian Montalto with

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Data last updated 4:43 AM UTC, 9/4/2026

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