86-88 Cottage St, Leominster MA 01453

Leominster, MA 01453
$1,200,000
$1,150,000
Est. $6,851/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

Adjust the payment calculator
14
Beds
4
Baths
6,171
Sq Ft
$186
Price/Sq Ft
0.53
Acres
1890
Year Built
12
Parking
160
Days on Market
For Sale Price Drop -$50,000 Listed May 1, 2026 • MLS# 73511232 Copied! • Updated Oct 1, 2026

Track this home for price, status, and open-house alerts.

About this home

Discover this investment opportunity at 86-88 Cottage St. This multi-family property, built in 1890, offers a generous 6171 square feet of living space, presenting ready-to-move-in, remodeled units, each tastefully redone . The kitchen is thoughtfully appointed with updated appliances providing a functional and appealing space. With 14 bedrooms and 4 full bathrooms spread across 3 stories, this property offers significant versatility and space. Additional features include a dedicated laundry room and a welcoming porch in each unit, enhancing the living experience. Plenty of parking for everyone and guests. This property represents a compelling proposition for those seeking a substantial and adaptable living arrangement. Close to Barrett Park, Downtown, Restaurants, YMCA, Mart Transits, Laundry and More! If you're looking for an investment that won't take you time fixing up, this is your perfect Building!

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

1
Price Changes
4.2%
Price Range

Property Timeline

↓
Price Reduced
Sep 27, 2026
$1,150,000 $50,000 (-4.17%)
From $1,200,000 to $1,150,000 (-4.2%)
👁️
Showing Instructions Updated
May 9, 2026
New showing requirements
🏠
Listed for Sale
May 1, 2026
$1,200,000
Original listing
Agent: Kate Jackson Office: Coldwell Banker Realty - Leominster

Tax History

Year Taxes Assessment
2026 $10,029 $734,200

Financial Details

Annual Property Tax
$10,029
Tax Year 2026
Assessed Value
$734,200

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1890
Living Area 6,171 sq ft
Lot Size 0.53 acres
Stories 6
Bedrooms 14
Full Baths 4
Total Rooms 28

Investment Metrics

Units 4
Unit 1 Rent $2,000/mo · N
Unit 2 Rent $2,800/mo · Y
Unit 3 Rent $2,000/mo · Y
Unit 4 Rent $2,800/mo · Y
Total Monthly Rent $9,600/mo
Gross Income $115,200
Net Operating Income $115,200
Cap Rate 10.02%
Heating Electric, Unit Control, Ductless
Cooling Window Unit(s), Unit Control, Ductless
Flooring Tile, Vinyl
Appliances Dishwasher, Refrigerator, Range, Washer, Dryer
Fireplace None
Basement Full, Dirt Floor, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features Ceiling Fan(s), Pantry, Storage, Bathroom With Tub & Shower, Remodeled, Upgraded Cabinets, Upgraded Countertops, Walk-in Closet(s), Living Room, Kitchen, Laundry Room, Dining Room
Construction Frame
Architecture None
Roof Shingle, Rubber
Features Balcony/deck
Pool None
Spa None
Fencing None
Patio/Porch Porch, Covered
Features Off Street, Common, Guest
Total Spaces 12
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $10,029
Assessed Value $734,200
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures Only The Right Side Top And Bottom Units Have Been Photographed And 3d Toured. Side By Side Units Are Identical.
Exclusions The Two Units On The Right Side (88 1&2) Washer And Dryers Do Not Convey.
Possession None
Accepted Financing Contract
Structure Type []
House Color white
Sq Ft Source Owner
Sq Ft Disclosures Total Sq Ft is different than assessors card. Third floor doesnt have second form of egress.
Documents None
County Worcester
Total market time (incl. prior listings) 153 days

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1890
Bedrooms
14
Full Bathrooms
4
Living Area
6,171 sq ft
Total Rooms
28
Stories
6
Levels
6

Floor Layout

Interior Features

Flooring: Tile, Vinyl
Appliances: Dishwasher, Refrigerator, Range, Washer, Dryer
Interior Features: Ceiling Fan(s), Pantry, Storage, Bathroom With Tub & Shower, Remodeled, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Living Room, Kitchen, Laundry Room, Dining Room
Windows:
Basement: Full, Dirt Floor, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation: Stone, Brick/Mortar
Stories: 6

Heating, Cooling & Utilities

Heating: Electric, Unit Control, Ductless
Cooling: Window Unit(s), Unit Control, Ductless
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck
Patio & Porch: Porch, Covered
Fencing:
Other Structures:
Lot Features: Cleared, Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 12
Parking Features: Off Street, Common, Guest

Nearby Schools

School information not available for this location.

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 $836
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.

Location

Loading map...

Neighborhood

86-88 Cottage St, Leominster MA 01453

Leominster, MA 01453

Listing Information

Listing Agent Kate Jackson
Listing Office Coldwell Banker Realty - Leominster
Office Phone 978-840-4014
Agent MLS ID CN221280
Office MLS ID AN6215
Listing Data Updated Oct 1, 2026 3:09 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
BMN Boston Powered by SERHANT
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Leominster, MA

Real-time market trends and pricing data for this area

Loading market insights for Leominster.