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16 Depot Square, Leominster MA 01453

Leominster, MA 01453
$765,000
Est. $4,937/month
8
Beds
6.5
Baths
5,588
Sq Ft
$137
Price/Sq Ft
0.16
Acres
1900
Year Built
68
Days on Market
Pending Price Drop -$20,000 Listed Dec 18, 2025 • MLS# 73462923 Copied!

About this home

Prime mixed-use opportunity in the heart of downtown! This fully occupied building features five residential apartments and one street-level commercial space, all with long-term tenants in place. A solid income producer with strong rental history, offering immediate cash flow and value-add potential. Deeded parking adds rare and valuable convenience for the residential tenants and plenty of street parking for commercial occupants. Ideal for investors seeking a stable asset in a high-demand location with nearby amenities, shops, dining, and public transportation. Don’t miss this chance to own a cornerstone property in a thriving downtown setting. All unit photos, floorplan, expenses and rent roll available upon request.

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Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
6
Half Bathrooms
1
Living Area
5,588 sq ft
Total Rooms
25
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 5,588 sq ft
Lot Size 0.16 acres
Bedrooms 8
Full Baths 6
Half Baths 1
Total Rooms 25

Interior

Heating Natural Gas
Cooling None
Flooring Varies
Appliances None
Fireplace None
Basement Full
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 7

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,421
Assessed Value $742,800

Interior Features

Flooring: Varies
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling:
Hot Water: Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 7
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

16 Depot Square, Leominster MA 01453

Leominster, MA 01453

Walkability

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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
E

Elementary Schools

3 schools
St. Leo School
0.2 mi
Grades PK-08
Bennett School
0.5 mi
115 students Diverse
Diverse Student Body
Grades PK
St. Anna School
0.7 mi
Grades PK-12
H

High Schools

3 schools
C-
Leominster Center for Excellence
0.8 mi | #309 of 346 | Score: 35.9
Dropped 22 spots from last year
-22.3 below state avg
65 students Diverse
Early College Program College Ready Curriculum
Grades 09-12
Leominster Academy
0.8 mi
32 students Diverse
College Ready Curriculum
Grades 09-12
B-
Center For Technical Education Innovation
1.1 mi | #210 of 346 | Score: 50.7
Dropped 18 spots from last year
-7.5 below state avg
821 students Diverse
Strong AP Program Early College Program High Graduation Rate Career Tech Programs
Grades 09-12
Learn about these ratings

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 $868
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

Interest
Principal
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.

Property History

Market Insights

1
Price Changes
2.5%
Price Range

Property Timeline

📋
Status: Active under contract
Feb 13, 2026
Active → Active Under Contract
Pending Sale
Feb 12, 2026
Offer accepted, sale pending
Price Reduced
Jan 30, 2026
$765,000 $20,000 (-2.55%)
From $785,000 to $765,000 (-2.5%)
🏠
Listed for Sale
Dec 18, 2025
$785,000
Original listing
Agent: Trish Marchetti Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Price & Status History

Date Event Price Change
Feb 13, 2026 Status: Active under contract $0
Jan 30, 2026 Price Changed $765,000 -$20,000
Dec 18, 2025 New Listing Added $785,000

Market Statistics

Days on Market
68 days
Price per Sq Ft
$137
Total Price Drop
-$20,000

Tax History

Year Taxes Assessment
2025 $10,421 $742,800

Financial Details

Annual Property Tax
$10,421
Tax Year 2025
Assessed Value
$742,800

Listing Information

Listing Agent Trish Marchetti
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Agent MLS ID BB910198
Office MLS ID AN4882
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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