16 Depot Sq, Leominster MA 01453
Leominster, MA 01453
$744,900
Est. $3,965/month
About this home
Investor heaven awaits in this exceptional mixed-use property, ideally situated in the heart of thriving downtown Leominster. This rare opportunity features a total of six units—five residential spaces and one commercial space—offering strong income potential and versatility for any savvy investor. The property is perfectly positioned within walking distance to shops, restaurants, and entertainment, with easy access to major highways. Ample off-street parking adds convenience for both tenants and customers. Whether you're looking to expand your portfolio or establish a presence in a high-demand area, this could be your next great investment.
Facts & Features
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Property Category
Residential Income
Year Built
1900
Bedrooms
6
Full Bathrooms
7
Living Area
7,140 sq ft
Total Rooms
15
Stories
3
Levels
3
Interior Features
Has Fireplace
No
Exterior & Structure
Foundation
Concrete Perimeter
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.16 acres
Lot Size
6,945 sq ft
Lot Size Area
0.1600
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
7
Parking Features
Paved Drive, Off Street
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$9,661
Tax Year
2024
Tax Assessed Value
$665,800
Parcel Number
1577308
Zoning
BUS
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
LA has vested interest in the sale of this property. LA related to owner. Given that it is mixed used, utilities are NOT split and at the expense of the owner/ potential buyer. There are solar panels (Sunnova- rented) covers majority of electric expense.
Location
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Neighborhood
16 Depot Sq, Leominster MA 01453
Leominster, MA 01453
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$805
Homeowners Insurance
$200
PMI
$0
Property History
Property Timeline
Listed for Sale
Aug 11, 2025
$744,900
Original listing
Agent: Kristen Corcoran
Office: Coldwell Banker Realty - Leominster
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/11/2025 | 🏠 Listed for Sale | $744,900 | - | - | Original listing |