166 Central St, Leominster MA 01453
Leominster, MA 01453
$700,000
Est. $4,517/month
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About this home
Excellent investment opportunity in the heart of Leominster! This 5-unit multifamily property features five 2-bedroom, 1-bath units with separate utilities and off-street parking for each unit. Unit 2 needs to be rehabbed, while the remaining four units are currently leased, offering immediate rental income. Conveniently located near downtown, shopping, restaurants, public transportation, and major highways. Property to be sold as-is.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
May 27, 2026
Active → Active Under Contract
Pending Sale
May 23, 2026
Offer accepted, sale pending
Showing Instructions Updated
May 21, 2026
New showing requirements
Showing Instructions Updated
May 19, 2026
New showing requirements
Listed for Sale
May 14, 2026
$700,000
Original listing
Agent: Yuri Beato
Office: RE/MAX Diverse
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/27/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 05/23/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 05/21/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 05/19/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 05/14/2026 | 🏠 Listed for Sale | $700,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $9,328 | $682,900 |
Financial Details
Annual Property Tax
$9,328
Tax Year 2026
Assessed Value
$682,900
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1900
Living Area
5,042 sq ft
Lot Size
0.16 acres
Stories
5
Bedrooms
10
Full Baths
5
Total Rooms
20
Investment Metrics
Units
5
Unit 1 Rent
$1,300/mo · N
Unit 2 Rent
— · N
Unit 3 Rent
$1,300/mo · Y
Unit 4 Rent
$2,000/mo · N
Total Monthly Rent
$4,600/mo
Gross Income
$73,200
Net Operating Income
$64,473
Operating Expenses
$8,727
Water/Sewer Expense
$457
Electric Expense
$25
Cap Rate
9.21%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street
Total Spaces
5
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$9,328
Assessed Value
$682,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Seller Is A Licensed Real Estate Agent.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
23 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
Sale Pending
Year Built
1900
Bedrooms
10
Full Bathrooms
5
Living Area
5,042 sq ft
Total Rooms
20
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,042 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Stone
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
5
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. Anna School
0.4 mi
Grades PK-12
St. Leo School
0.7 mi
Grades PK-08
Bennett School
0.4 mi
115 students
Diverse
Diverse Student Body
Grades PK
C+
Frances Drake School
0.7 mi
|
#536 of 824
|
Score: 43.5
Improved 157 spots from last year
-14.7 below state avg
512 students
Diverse
Rising School
Diverse Student Body
Grades K-05
C+
Northwest School
1.2 mi
|
#555 of 824
|
Score: 42.8
Improved 100 spots from last year
-15.4 below state avg
665 students
Diverse
Rising School
Diverse Student Body
Grades 01-05
Priest Street School
1.2 mi
151 students
Diverse
Diverse Student Body
Grades K
Lincoln School
1.8 mi
46 students
Diverse
Diverse Student Body
Grades PK
A-
Fall Brook School
1.9 mi
|
#203 of 824
|
Score: 54.8
Improved 10 spots from last year
-3.4 below state avg
670 students
Diverse
Diverse Student Body
Strong Attendance
Grades K-05
B
Johnny Appleseed School
2.4 mi
|
#416 of 824
|
Score: 47.3
Improved 82 spots from last year
-10.9 below state avg
692 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Middle Schools
2 schools
B-
Samoset School
1.8 mi
|
#207 of 352
|
Score: 40.0
Improved 13 spots from last year
-18.2 below state avg
495 students
Diverse
Diverse Student Body
Grades 06-08
B-
Sky View Middle School
2.6 mi
|
#194 of 352
|
Score: 40.9
Improved 30 spots from last year
-17.3 below state avg
869 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
4 schools
C-
Leominster Center for Excellence
0.5 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
0.5 mi
32 students
Diverse
College Ready Curriculum
Grades 09-12
B-
Center For Technical Education Innovation
1.3 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
B-
Leominster High School
1.3 mi
|
#206 of 346
|
Score: 51.1
Dropped 61 spots from last year
-7.1 below state avg
1,060 students
Diverse
19 sports
• 1,746 athletes
Early College Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
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
$777
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
166 Central St, Leominster MA 01453
Leominster, MA 01453
Listing Information
Listing Agent
Yuri Beato
Listing Office
RE/MAX Diverse
Office Phone
774-823-3441
Agent MLS ID
CN236594
Office MLS ID
AN6672
Listing Data Updated
Aug 12, 2026 7:51 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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