About 54-56 North Main St
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.
Pricing and availability subject to change.
Amenities
| Parking Spaces |
11
|
| Parking |
Paved Drive, Off Street
|
| Is Waterfront |
No
|
| Has Pool |
No
|
Interior
| Interior Features |
Ceiling Fan(s), Bathroom With Tub & Shower, Bathroom with Shower Stall, Living Room, Kitchen
|
| Appliances |
Range, Microwave, Refrigerator, Dishwasher
|
| Heating |
Oil, Natural Gas
|
| Cooling |
None
|
| Fireplace |
No
|
| # of Stories |
6
|
| Stories |
6
|
| Has Basement |
Yes
|
| Basement |
Full, Unfinished
|
Exterior
| Roof |
Shingle
|
| Construction |
Frame
|
| Foundation |
Stone
|
