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45 Laurel St, Leominster MA 01453

Leominster, MA 01453
$1,050,000
Est. $6,289/month
9
Beds
6
Baths
5,166
Sq Ft
$203
Price/Sq Ft
0.31
Acres
1900
Year Built
10 hours 49 minutes
Time on Market
Active Listed Apr 15, 2026 • MLS# 73502250 Copied!

About this home

Well-maintained 6-family property in a great location, offering a strong investment opportunity. The building features a desirable mix of three large 2-bedroom units and three 1-bedroom units, giving it broad rental appeal. Set on a corner lot, there’s plenty of off-street parking along with convenient access to the highway for easy commuting. The property has quiet, long-term tenants in place, providing steady income with room to grow. It’s been well cared for and generates solid cash flow, while still coming with additional upside through future rent increases. Overall, a turnkey investment with a nice balance of stability and value-add potential.

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Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
6
Living Area
5,166 sq ft
Total Rooms
21
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 5,166 sq ft
Lot Size 0.31 acres
Bedrooms 9
Full Baths 6
Total Rooms 21

Interior

Heating None
Cooling None
Flooring Wood, Tile, Carpet
Appliances None
Fireplace None
Basement Full, Walk-out Access
Laundry None
Features None

Exterior

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

Parking

Features Paved Drive, Off Street
Total Spaces 12

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,357
Assessed Value $666,900

Interior Features

Flooring: Wood, Tile, Carpet
Appliances:
Interior Features:
Windows:
Basement: Full, Walk-Out Access
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating:
Heating Zones: 6
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 12
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

45 Laurel St, 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

9 schools
St. Leo School
0.4 mi
Grades PK-08
St. Anna School
0.6 mi
Grades PK-12
Bennett School
0.7 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
Priest Street School
0.8 mi
151 students Diverse
Diverse Student Body
Grades K
C+
Northwest School
1.0 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
B
Johnny Appleseed School
1.9 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
Lincoln School
2.2 mi
46 students Diverse
Diverse Student Body
Grades PK
A-
Fall Brook School
2.3 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
M

Middle Schools

2 schools
B-
Sky View Middle School
2.1 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
B-
Samoset School
2.2 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
H

High Schools

4 schools
C-
Leominster Center for Excellence
0.6 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
0.6 mi
32 students Diverse
College Ready Curriculum
Grades 09-12
B-
Center For Technical Education Innovation
1.4 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
1.4 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
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
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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 $780
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

Property Timeline

🏠
Listed for Sale
Apr 15, 2026
$1,050,000
Original listing
Agent: Patrick Hermans Office: J. Borstell Real Estate, Inc.

Price & Status History

Date Event Price Change
Apr 15, 2026 New Listing Added $1,050,000

Market Statistics

Time on Market
10 hours 49 minutes
Price per Sq Ft
$203

Tax History

Year Taxes Assessment
2025 $9,357 $666,900

Financial Details

Annual Property Tax
$9,357
Tax Year 2025
Assessed Value
$666,900

Listing Information

Listing Agent Patrick Hermans
Listing Office J. Borstell Real Estate, Inc.
Agent MLS ID CN225762
Office MLS ID G80038
Listing Data Updated Apr 15, 2026 3:03 PM 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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