498 Lancaster, Leominster MA 01453

Leominster, MA 01453
$650,000
Est. $3,954/month
8
Beds
3
Baths
2,497
Sq Ft
$260
Price/Sq Ft
0.26
Acres
1900
Year Built
89
Days on Market
Pending Price Drop -$49,900 Listed Sep 5, 2025 • MLS# 73426849 Copied!

About this home

Large Tri-Level 3 Unit Multi family on a corner lot with plenty of parking located in a nice neighborhood area of Leominster. The seller has upgraded the units during ownership: Varies per unit-- Kitchens to include the cabinets, countertops & stainless appliances, gas stoves, 3rd level has a dishwasher. New flooring, carpet tile & laminate! Some units have lovely hardwood flooring! New bathrooms with vanities & flooring.The 1st & 2nd floors boasts spacious eat in kitchens, living room, & 3 bedrooms. The 3rd floor has 2 bedrooms & a heated/enclosed sun room that can be used as one selects! Large Kitchen with room for dinning area! Some new windows over time.Covered Porches. All separate heat & electric with a common landlord panel. Separate On-wall mount HW heater for washer hookup-Coin op Dryer.Rents are below market 3 bedrooms rent potential $2000-2200 & 3rd unit $1800-2000. Level grass yard!

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
3
Living Area
2,497 sq ft
Total Rooms
14
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 2,497 sq ft
Lot Size 0.26 acres
Bedrooms 8
Full Baths 3
Total Rooms 14

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Vinyl, Laminate, Hardwood, Carpet
Appliances Range, Refrigerator, Dishwasher
Fireplace None
Basement Full, Interior Entry
Laundry Electric Dryer Hookup, Washer Hookup
Features Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen, Sunroom

Exterior

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

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 8

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $5,607
Assessed Value 0.00

Interior Features

Flooring: Vinyl, Laminate, Hardwood, Carpet
Appliances: Range, Refrigerator, Dishwasher
Interior Features: Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen, Sunroom
Windows: Insulated Windows
Basement: Full, Interior Entry
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling:
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

498 Lancaster, Leominster MA 01453

Leominster, MA 01453

Walkability

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Schools

Elementary School
Frances Drake
Rating information coming soon
Middle School
Sky View
Rating information coming soon
High School
Leominster
Rating information coming soon

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 $467
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
Sep 5, 2025
$650,000
Original listing
Agent: Kelle O'Keefe Office: Keller Williams Realty North Central

Price & Status History

Date Event Price Change
Sep 5, 2025 New Listing Added $650,000

Market Statistics

Days on Market
89 days
Price per Sq Ft
$260
Total Price Drop
-$49,900

Tax History

Year Taxes Assessment
2024 $5,607 $0

Financial Details

Annual Property Tax
$5,607
Tax Year 2024
Assessed Value
$0

Listing Information

Listing Agent Kelle O'Keefe
Listing Office Keller Williams Realty North Central
Agent MLS ID G8002001
Office MLS ID K95580
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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Market Analytics for Leominster, MA

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