113 Spruce, Leominster MA 01453
Leominster, MA 01453
$877,000
$849,900
Est. $5,247/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
Adjust the payment calculatorTrack this home for price, status, and open-house alerts.
About this home
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.
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Recently Sold Nearby
Price & Status History
Market Insights
1
Price Changes
3.1%
Price Range
Property Timeline
Price Reduced
Oct 21, 2026
$849,900
$27,100
(-3.09%)
From $877,000 to $849,900 (-3.1%)
Listed for Sale
Sep 17, 2026
$877,000
Original listing
Agent: Damon Amato
Office: The Hive Real Estate LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/21/2026 | ↓ Price Reduced | $849,900 | $27,100 | - | From $877,000 to $849,900 (-3.1%) |
| 09/17/2026 | 🏠 Listed for Sale | $877,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,993 | $686,000 |
Financial Details
Annual Property Tax
$8,993
Tax Year 2025
Assessed Value
$686,000
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1900
Living Area
4,917 sq ft
Lot Size
0.16 acres
Stories
5
Bedrooms
9
Full Baths
6
Total Rooms
22
Investment Metrics
Units
6
Unit 1 Rent
$1,400/mo · Y
Unit 2 Rent
$1,400/mo · Y
Unit 3 Rent
$1,500/mo · Y
Unit 4 Rent
$1,800/mo · Y
Total Monthly Rent
$6,100/mo
Gross Income
$113,760
Net Operating Income
$91,200
Cap Rate
10.73%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full, Interior Entry
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Enclosed
Parking
Garage Spaces
1
Has Garage
Yes
Features
Paved Drive, Off Street
Total Spaces
7
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$8,993
Assessed Value
$686,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
37 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
6
Living Area
4,917 sq ft
Total Rooms
22
Stories
5
Levels
5
Floor Layout
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full, Interior Entry
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stone
Stories:
5
Utilities & Systems
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Enclosed
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
7
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Leominster School District local
B-
School Safety
2024-25
2.2%
Average
2.2%
Suspensions
4.1%
In-School
3.3% below state avg
Elementary Schools
9 schools
St. Leo School
0.4 mi
Grades PK-08
St. Anna School
0.6 mi
Grades PK-12
C+
Frances Drake School
0.6 mi
|
#543 of 825
|
Score: 43.4
Improved 150 spots from last year
-14.8 below state avg
468 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Bennett School
0.7 mi
114 students
Diverse
Diverse Student Body
Grades PK
Priest Street School
0.8 mi
151 students
Diverse
Diverse Student Body
Grades K
C+
Northwest School
1.0 mi
|
#537 of 825
|
Score: 43.4
Improved 118 spots from last year
-14.8 below state avg
663 students
Diverse
Rising School
Diverse Student Body
Grades 01-05
B
Johnny Appleseed School
1.9 mi
|
#397 of 825
|
Score: 47.8
Improved 101 spots from last year
-10.4 below state avg
685 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Lincoln School
2.3 mi
44 students
Diverse
Diverse Student Body
Grades PK
A-
Fall Brook School
2.3 mi
|
#201 of 825
|
Score: 54.9
Improved 12 spots from last year
-3.3 below state avg
657 students
Diverse
Diverse Student Body
Strong Attendance
Grades K-05
Middle Schools
2 schools
B-
Sky View Middle School
2.1 mi
|
#192 of 352
|
Score: 41.0
Improved 32 spots from last year
-17.2 below state avg
880 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C+
Samoset School
2.3 mi
|
#215 of 352
|
Score: 39.4
Improved 5 spots from last year
-18.8 below state avg
536 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
4 schools
C-
Leominster Center for Excellence
0.6 mi
|
#312 of 346
|
Score: 36.0
Dropped 25 spots from last year
-22.2 below state avg
77 students
Diverse
Early College Program
College Ready Curriculum
Grades 09-12
Leominster Academy
0.6 mi
35 students
Diverse
College Ready Curriculum
Grades 09-12
C+
Center For Technical Education Innovation
1.4 mi
|
#222 of 346
|
Score: 50.2
Dropped 30 spots from last year
-8 below state avg
881 students
Diverse
Strong AP Program
Early College Program
High Graduation Rate
Career Tech Programs
Grades 09-12
B-
Leominster High School
1.4 mi
|
#206 of 346
|
Score: 51.8
Dropped 61 spots from last year
-6.4 below state avg
990 students
Diverse
19 sports
• 1,746 athletes
Strong AP Program
Early College Program
High Graduation Rate
College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$749
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
113 Spruce, Leominster MA 01453
Leominster, MA 01453
Listing Information
Listing Agent
Damon Amato
Listing Office
The Hive Real Estate LLC
Office Phone
860-786-2854
Agent MLS ID
CN237732
Office MLS ID
AN9462
Listing Data Updated
Oct 24, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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