113 Spruce, Leominster, MA

$877,000

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9

Beds

6

Baths

4,917

Square feet

0.16

Acres

About 113 Spruce

Excellent opportunity to acquire a cash-flowing 6-unit multifamily in Leominster! Currently generating $9,480/month in gross rental income ($113,760 annually) with five units occupied and one newly renovated vacant unit ready for its next tenant. The property offers strong in-place income from day one while leaving room for additional upside through minor cosmetic improvements to the remaining units and common areas. An attractive opportunity for an investor looking for a stabilized multifamily asset without taking on a major renovation project. Convenient location near downtown Leominster, shopping, restaurants and major routes.

Features of 113 Spruce

MLS® # 73578802
Price $877,000
Bedrooms 9
Bathrooms 6.00
Full Baths 6
Square Footage 4,917
Acres 0.16
Year Built 1900
Type Residential Income
Sub-Type 5-9 Family
Status Active

Community Information

Address 113 Spruce
City Leominster
County Worcester
State MA
Zip Code 01453

Amenities

Parking Spaces 7
Parking Paved Drive, Off Street
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 5
Stories 5

Additional Information

Zoning RC

Listing Details

Agent Damon Amato
Office The Hive Real Estate LLC

Listing Map

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